Many of you have asked, and some direction has been given pertaining to Trump’s payroll tax deferral program. Take a few minutes and read the following articles. And, before you move forward with this, please consult with your accountant and/or CPA.
https://www.nytimes.com/2020/08/28/us/politics/trump-tax-holiday-bill-due.html
https://www.cnn.com/2020/08/29/economy/trump-treasury-new-guidance-tax-holiday/index.html
https://www.foxbusiness.com/money/what-does-trumps-payroll-tax-deferral-mean-for-you
Have a great week!