Tag: social security taxes

Businesses with PPP Loans Now Eligible for Payroll Tax Deferral

Filed in Advocacy, Disaster Response, Economics by on June 5, 2020 0 Comments
Businesses with PPP Loans Now Eligible for Payroll Tax Deferral

President Trump has signed into law the Paycheck Protection Program Flexibility Act, which makes a number of positive changes to the Payroll Protection Program (PPP). Among these changes, business owners who take out a PPP loan and have that loan forgiven are now eligible to delay their payroll tax payments.

Continue Reading »