Payroll Articles2019-04-13T17:00:10+00:00

Payroll Articles

Employee Payroll Tax Deferral

On September 1 President Trump’s Executive Memorandum dated August 8 went into effect. On August 28 the Department of Treasury issued preliminary guidance on the Memorandum which allows certain employees to delay the payment of payroll taxes from September 1 through December 31.

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Paycheck Protection Program – Loan Forgiveness

The Paycheck Protection Program (PPP) is a loan from your bank backed by the Small Business Administration (SBA) designed to provide a direct incentive for small businesses to keep their workers on the payroll during the COVID-19 crisis.The SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll and other specific expenses.

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Tax Day Results

Was your tax refund what you expected it to be? Or did you end up owing more than you anticipated? If your taxes this year resulted in a big swing in either direction, it might be time to adjust your W-4.

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