President Trump recently issued four Executive Orders related to providing added relief to businesses during the COVID-19 pandemic. The most significant order for tax professionals is for a deferral of payroll taxes from September 1, 2020 through December 31, 2020.

With this in mind, we want to share with you a special tax briefing which summarizes the following:

Cover page of Tax Briefing about Executive Orders issued for businesses during the COVID-19 pandemic
  • “CARES 2” Overview
  • Payroll Tax Background
  • Deferral of Payroll Taxes
  • Uncertain Implementation

The briefing may be downloaded here or by clicking the image above.

If you have questions about how the information in this briefing applies to your tax situation, please connect with your specific PKF Texas tax team members via email.

J. Del Walker, CPA
Director, Tax Practice Leader

Rafael Carsalade, CPA
Director, International Tax

Martin Euson, JD
Director, Tax

Nikki Homratsamy, CPA
Director, Tax

Frank Landreneau, CPA
Director, International Tax

Jim Streets, CPA
Director, Tax

Gary Voth, CPA, JD
Director, Tax

Additionally, we are keeping up-to-date with information and resources to assist you as we all navigate these quickly-changing times.