- Refundable tax credit on 50% of worker wages paid between March 12, 2020 and Jan. 1, 2021 with a maximum amount of $10,000 in qualified wages per employee.
- if using a payroll service you should be able to run reports to give your tax person.
- Or you can use excel. Feel free to reach out to us for help.
- Employers’ portions of payroll taxes for Social Security will be delayed until 2021 and 2022.
- But you will have to pay it in the future so keep that in mind
- Track the amount you owe and pay it as you can.
Covid-19 Additional Information (you need to know)
April 30, 2020 | 0 comments