We advise everyone that is having, or expects that they will have, difficulty meeting financial obligations to notify their credit card company, utility, or bank before its due date. Most companies have a disaster assistance plan or deferment plan in place.
Banks and mortgage companies will not foreclose during this state of emergency.
Virtually every state’s unemployment division has a provision for partial claims or supplemental pay. Check your state’s Department of Labor or Unemployment website.
We await word on the $1 trillion Economic Stimulus Package making its way through congress.
So far a payroll tax cut is not on the table.
No change to the Federal and state payroll tax deposit requirements. The April 30, 2020 due date for quarterly payroll reports is still unchanged.
Recent Comments