As it passed the Senate, this provision provides a refundable payroll tax credit for 50% of wages paid by eligible employers to certain employees during the COVID-19 crisis. (Act Sec. 2301(a)). The effective date of the credit applies to wages paid after March 12,...
You always file all of your payroll reports when they are due, and you know they’re right because you always send in what QuickBooks generates for you, right? So why are you receiving love letters from the IRS?