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IRS Issues Guidance for Deferral of Certain Employee Payroll Tax in Light of the Ongoing COVID-19 Pandemic

On Friday, August 28, 2020, the IRS issued a news release announcing that Notice 2020-65 had been issued to provide guidance to implement the Presidential Memorandum issued on August 8,

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One-Year or Two-Year Deferrals: Gift Card Tax Rules

Written by Ross Mendheim, CPA What do you get for that hard-to-buy-for relative on their birthday?  Or, what do you give a client to show your appreciation for his/her business? 

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