What Deferral Means

What Deferral Means

What Deferral Means Are you an employee wondering if you should ask your employer about having your payroll taxes deferred through the end of the year, or are you an employer wondering if you should offer this to your employees? Listen in to hear more about this! If...
Should You Offer the Payroll Tax Deferral?

Should You Offer the Payroll Tax Deferral?

Are you an employer who wonders if you should offer the payroll tax holiday to your employees, or are you curious about how that tax would be repaid? Basically, the law states that payroll taxes can be deferred from September through December 2020. And recently, the...
July 1, 2020 Minimum Wage Increases

July 1, 2020 Minimum Wage Increases

Although COVID-19 us wreaking havoc on the economy, previously passed legislation raising the minimum wage is set to take effect again. If you are operating in the city of Los Angeles or unincorporated areas of Los Angeles County, be prepared to raise wages as of July...
President Trump Calls for Payroll Tax Cut Despite Opposition

President Trump Calls for Payroll Tax Cut Despite Opposition

President Donald Trump has called for a payroll tax cut in response to the COVID-19 crisis, saying “I like the idea of payroll tax cuts. I’ve liked that from the beginning. A lot of economists would agree with me. A lot of people agree with me,” at a press conference...
It’s 1099 Filing Season Again!

It’s 1099 Filing Season Again!

It’s January and the mandated 1099 filing season is upon us! If filing the 1099-MISC form, you must not only send to the recipient by January 31st, but they must also be paper or electronically filed by that date with the IRS as well. Failing to do so may result in...

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