Part 1 – Deferred Payroll Taxes. In Part 1 of our 3-part COVID-19 response video series, learn how the deferral of federal payroll taxes impacts small businesses and commercial lenders.

Part 2 – IRS’s “Peoples First Initiative.” In Part 2 of our 3-part COVID-19 response video series, hear from Jason Peckham, Tax Guard’s VP of Resolutions, how IRS’s “People First Initiative” impacts small businesses and commercial lenders.

Update:  On April 9, 2020, the IRS released Notice 2020-23, which broadened the relief for filing and paying income taxes. The following language for slide 6 is now more accurate. Income tax returns (calendar and fiscal) with an original due date between April 1 and July 15, 2020 can be postponed until July 15, 2020 without penalty. Estimated income tax payments with an original due date between April 1 and July 15, 2020 can be postponed until July 15, 2020 without penalty. As a reminder, the filing and paying delays still do not apply to employment or excise taxes.

Part 3 – Tax Credits. In Part 3 of our 3-part COVID-19 response video series, hear from Jason Peckham, Tax Guard’s VP of Resolutions, how IRS’s Tax Credits impacts small businesses and commercial lenders.