It helps if you take One Thing at a time.

A Healthy Business wants to defer FICA payments to maintain cash through the crisis = the Employer Share of SS that falls in the guideline of the Enactment date is 50% end of 2020 and 50% end of 2021. That's All you need to think about for this one.

An employer that wants to take advantage of the Retention Credit can either apply for it, or keep some of the employee withholdings, as an Advance against their being entitled for that credit. This is the Form 7200 thing. That's all there is to this one.

And then it gets intertwined with Loans and forgivable provisions, and Business qualification offerings, etc. But they start to be beyond the simple question of "when do we send in the money?"

941 Form News:

https://home.kpmg/us/en/home/insights/2020/04/tnf-irs-form-941-address-employee-retention-credit.htm...