Payroll Tax Deferral: IRS 2020-65 Explains

On August 8, 2020, the President of the United States issued a Presidential
Memorandum directing the Secretary of the Treasury (Secretary) to use his authority pursuant to section 7508A of the Internal Revenue Code (Code) to defer the withholding, deposit, and payment of certain payroll tax obligations. Click HERE for the release, to plan accordingly.