September 24, 2020
Newsday quoted national Tax Leader Joseph Perry in an article about companies declining to take the federal tax holiday.
Newsday
By Jamie Herzlich
Excerpt:
Similarly, Joseph Perry, tax and business services leader at Marcum LLP in Melville, said so far no business clients to his knowledge have taken advantage of the deferral, although they’ve asked questions about it. “Overall it’s an administrative burden for the employer,” he says, noting not only do employers have to communicate it to employees but also have to manage it.
