Under the Coronavirus, Aid, Relief and Economic Security (CARES) Act, employers that have received a PPP loan can defer their share of FICA tax payments until their loan is forgiven. Specifically, the employer’s share of deposits and payments toward Social Security tax for the period of March 27-December 31, 2020 can be deferred. Contact our Response Team for help determining whether FICA deferrals are in your best interest.

View the full list of Frequently Asked Questions here on the IRS website.

Get in Touch.

What service are you looking for? We'll match you with an experienced advisor, who will help you find an effective and sustainable solution.

  • Hidden
  • This field is for validation purposes and should be left unchanged.