Employer Social Security Deferment

PayNW : Apr 19, 2020 9:00:00 PM

COVID-19 CARES Act

The CARES Act provides for the delay of payment of Employer Social Security tax incurred between March 27, 2020 and December 31, 2020. Read the Act’s full text.

50% of the deferred tax payments are due on December 31, 2021 and 50% is due on December 31, 2022.

If you elect to defer payment of your employer social security tax per the condition of the CARES Act, contact us now to get started.

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