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The President’s Action To Defer Payroll Taxes: What Does It Mean For Your Business?
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The President’s Action To Defer Payroll Taxes: What Does It Mean For Your Business?

Blog, Tax

The President’s Action To Defer Payroll Taxes: What Does It Mean For Your Business?

On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social Security taxes for some people. These actions were taken in an effort to offer more relief due to the COVID-19 [...]

By Thomson Reuters|2020-08-17T17:33:34-04:00August 17th, 2020|Categories: Blog, Tax|Tags: business taxes, CARES Act, COVID-19, payroll, stimulus|Comments Off

IRS Opens Direct Deposit Portal to Speed Up Your Stimulus Payments
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IRS Opens Direct Deposit Portal to Speed Up Your Stimulus Payments

Blog, COVID-19

IRS Opens Direct Deposit Portal to Speed Up Your Stimulus Payments

On April 15, the federal government started the process of depositing the first economic stimulus checks to individuals who have a direct deposit set up with the IRS. Eligible taxpayers could receive up to $1,200 of stimulus money, and [...]