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I hope this issue of the Tax Reduction Letter finds you and your family in good health. Warmest good wishes at this difficult time from all of us at the Bradford Tax Institute.
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Are you in business for yourself?
Is your business structured as an S corporation or are you self-employed?
Then I’ve got some good news for you…
Because of the terrible problems caused by the COVID-19 pandemic, Congress has decided to provide significant tax relief from payroll and self-employment taxes.
Thanks to the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARE), significant help is on its way.
We’ll tell you a number of ways you can get substantial tax relief when you…
Read my new article titled
COVID-19: Significant Payroll and Self-Employment Tax Relief
Here are just some of the relief options
Congress has waiting for you.
- Payroll tax deferral
- Self-employment tax deferral
- Employee retention credit
- FFCRA tax credits
- The fewer-than-50-employee paid-leave exemption
- Paid sick-leave payroll tax credit
- Self-employed sick-leave credit
- Paid family leave payroll tax credit
- Self-employed family leave credit
- And more
All will be explained when you read my new article
COVID-19: Significant Payroll and Self-Employment Tax Relief