In August President Trump issued an Executive Order to create a temporary deferral of payroll taxes beginning September 1, 2020 through December 31, 2020, but details were lacking. The IRS recently released official guidance in the form of Notice 2020-65, but there is...
payroll tax deferment
Relaxing PPP Rules—How the PPPFA Affects Businesses
The Paycheck Protection Program Flexibility Act (PPPFA) was passed by Congress earlier this month, which modified some of the original points of the PPP program. Read on to learn how these modifications will affect businesses with a PPP loan moving forward....