Repaying Deferred Payroll Taxes

IRS Notice 2020-65 allowed employers to defer withholding and payment of the employee’s Social Security taxes. This deferral applied to those with less than $4,000 in wages every two weeks, …

IRS Grants More Due Date Breaks

The IRS has announced that individuals have until May 17, 2021, to meet certain deadlines that would normally fall on April 15. This follows a previous announcement from the IRS on March …

The 6 Essential Payroll Tax Forms

If you run a business, you need to know about the following forms. Form W-2Employers must complete a Form W-2 for each employee. Employee wages, taxes withheld and other payroll …