Reminder: Deferred payroll taxes to be repaid by year-end

Those employers who took advantage of deferring the employers’ portion of Social Security taxes under the Covid-relief CARES Act last year must repay 50% of the deferred amount by Dec. 31, 2021. The CARES Act – Coronavirus, Aid, Relief and Economic Security Act – codified former President Trump’s Presidential Memorandum issued in August 2020 in […]