Under the CARES Act, employers make Payroll Tax Deferment payments between 27th March 2020 and 31st December 2020. The deferral to employer social security tax (6.2% of employer wages up to $137,70 and the employee’s and employer’s share of Tier 1 Railroad Retirement Tax Act up to 6.2% of self-employment taxes incurred during this time.
The government pays the due deferred taxes timely when the firms pay 50% of the deferred amount within 31st December 2021 and finally when they pay the 50% left out amount.

Investment Tax Credit | IRC 1202 And Other Vital Tax Benefits
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Investment Tax Credit | IRC 1202 And Other Vital Tax Benefits

Looking for a guide to understanding the Investment tax credit or IRC 1202, read our blog to enhance your knowledge about these terms