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[US] COVID-19 Deferral of Employer Payroll Taxes

SystemSystem Posts: 412 admin

image[US] COVID-19 Deferral of Employer Payroll Taxes

The H.R. 748 Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by the house on March 27, 2020 a $2 trillion package that will provide essential relief to an economy struggling a...

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edited June 8, 2020 in Help Center Discussion

Comments

  • Amandawathen219Amandawathen219 Member Posts: 1

    I opted in by mistake and now i want to opt out. How do i opt out of the SS defferal?

  • CalliePCallieP Member Posts: 439 admin

    Hey @Amandawathen219 , thanks for reaching out. If you need to opt out of the tax deferral, please submit a ticket to our Support team, who will be best able to help with your needs.

  • DaveMDaveM Member Posts: 3

    This is NOT being reported as a liability. Aren't our employer tax expense and tax liability for 2020 being understated?

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