Please note that our office located in Lexington Park, Maryland has moved, our new address is 44425 Pecan Court, Suite 205, California, Maryland 20619.

The Latest on Payroll Tax Deferral

If you have employees, you must withhold their 6.2 percent share of the Social Security tax from their wages up to an annual wage ceiling ($137,700 for 2020). You must pay the money to the IRS along with your matching 6.2 percent employer share of the tax. But under...

PPP Gets Five-Week Extension

On Wednesday, July 1, the House agreed unanimously to an extension of the Paycheck Protection Program (PPP). The five-week extension originated in the Senate on Tuesday, where it was approved late in the evening. President Trump signed the bill into law on Saturday,...

Refundable Tax Credits Would Finance Paid Leave

FAMILY LEAVE SICK LEAVE Covered employer Private sector employers with fewer than 500 workers and government entities Private sector employers with fewer than 500 workers and government entities Qualifying circumstances Care giving for child younger than 18 whose day...