Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry
Modern Restaurant Management
APRIL 8, 2020
Consequently, restaurateurs could face a very hefty tax bill in both 2021 and 2022 if these tax payments are deferred. Funds can be used to pay fixed debts, payroll, accounts payable, and other bills. Half of these deferred payroll taxes are payable by Dec. 31, 2021, with the other half due Dec. percent for small businesses.
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