PODCAST: Employee Payroll Tax Deferral Executive Order Update

The IRS recently issued updated guidance on the August 8th presidential executive order regarding the employee payroll tax deferral, which went into effective September 1, 2020.

The executive order allows the deferral of withholding and payment of employee social security taxes from wages paid September 1, 2020 through December 31, 2020. Today, we are speaking with Matt Keefer, Director of Tax Services at Gorfine, Schiller & Gardyn, more about this topic.