The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us at https://proconnect.intuit.com, or follow us on Twitter @IntuitAccts.
Communicate the latest Treasury and IRS guidance to your clients regarding implementation of the Aug. 8 presidential memorandum, allowing employers to defer withholding and payment of the employee’s portion of the Social Security tax if the employee’s wages are below a certain amount.
President Trump signed four executive orders related to coronavirus relief. The four executive orders are intended to deliver relief through a range of measures, including expanded unemployment insurance, a payroll tax deferment, student loan relief, and a moratorium on evictions.