Course Description:
The IRS recently issued notice 2020-65 that defers the withholding and deposit of the employee’s share of Social Security taxes, or the railroad retirement tax equivalent, on applicable wages. This has caused numerous questions to surface. Join us for a discussion on this notice and how it affects you.

Learning Objectives:

• Outline Notice 2020-65
• Discuss who is eligible for the payroll tax deferral
• Identify pros and cons of employer participation in the deferral opportunity
• Identify applicable wages
• Review the employer’s responsibility
• Identify next steps

Presenter:
Mel Schwarz, CPA, Director of Legislative Affairs, Eide Bailly
Mel has over 37 years’ experience specializing in legislative affairs, including development and implementation of tax legislation at the national level. Mel spends a bulk of his time at the capitol meeting with legislators, listening in on updates impacting tax processes and procedures and providing timely internal and external updates and education on issues impacting clients. Mel spent six years on the staff of the Joint Committee on Taxation and has served as the Chairman of the AICPA’s Tax Legislation Committee.

Angie Ziegler, CPP, National BOS Senior Manager, Eide Bailly
Angie has 17 years of payroll experience with clients ranging from corporate multi-state payrolls to single sole proprietors. She provides guidance for businesses on day-to-day payroll activities, federal and state notices, garnishment and tax updates. 

Additional Information: These are web-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 612.253.6628.