Tax & Current Accounting Topics

Making payments for deferred tax reported by third party payers


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COVID Tax Tip Making payments for deferred tax reported by third party payers 

https://www.irs.gov/newsroom/making-p

https://accountinginstruction.info/

The Coronavirus, Aid, Relief and Economic Security Act – CARES Act – allowed employers to defer the deposit and payment of the employer's share of Social Security taxes and self-employed individuals to defer payment of certain self-employment taxes.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele