Join Paylocity HR Program Manager Shari Simpson’s conversation with Government Relations Analyst Kelly Hugh on the PPP Flexibility Act, signed by President Trump on Friday, June 5, 2020. The act extends the forgiveness eligibility timeline, allows borrowers who had a forgiven PPP loan to defer employer SS tax, and allows borrowers to use PPP funds for more non-payroll costs. See the compliance alert on the PPP Flexibility Act (HR 7010) for more details.
We know there's a lot that goes into preparing and filing payroll tax forms. Save time and get support from our expert team. As a Registered Reporting Agent with the IRS, we can help prepare and file all the necessary forms you need to remain compliant - even in the face of changing legislation. Learn more here.