Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

If a business with a PPP loan closes down, can that company continue to defer all the payroll taxes through 2020?

Posted by Armanino Financial Advisory Team

No. If an employer account is being shut down, and the payroll returns are being designated “final,” the tax will be due at that time.

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