Current Job Opportunities

We are committed to providing a positive work environment and career growth opportunities for our staff. Our continued investment of time and resources into our team members is indicative of our commitment to excellence. We provide our employees with on the job training, extensive continuing education opportunities, and the ability for team members to not only be involved in all services we provide, but also to specialize in areas that best fit their career goals.

To submit your resume click here

Welcome to Deluzio & Company, LLP

We are a full service accounting firm dedicated to our clients, providing quality service with a quality team to assist your company with long term growth and stability. We provide a wide array of services to help you grow and sustain your business.

Our team is built to serve you, specializing in a multitude of areas permitting us to better serve our clients.

We aren’t just any accounting firm. We pride ourselves on quality, experience and drive to help you grow your business. Our greatest success is your success.

Please contact us to discuss those services to help you and your business. Or Click Here to learn more about us.

Delayed Payment of Employer Payroll Taxes

07/22/2020

CARES ACT: Delayed Payment of Employer Payroll Taxes

~ Author - Alison Starr,  Deluzio & Company, Staff Accountant I ~

form 941

In general, under the Federal Insurance Contributions Act (FICA), taxes are imposed on both employers and employees on wages paid to the employee for Social Security (old-age, survivors, and disability insurance (OASDI)), and Medicare hospital insurance (HI). The FICA taxes are imposed on both the employer and the employee at a rate of 6.2% for OASDI and 1.45% for HI, totaling 7.65% for the employee and 7.65% for the employer (15.3% total).

Under the CARES Act, payroll taxes due from the period beginning on March 27, 2020 (the date the CARES Act was signed into law) and ending on December 31, 2020, can be deferred, without penalty or interest assessed. The total payroll taxes incurred by employers, and 50% of payroll taxes incurred by self-employed persons qualify
for the deferral. Half of the 2020 deferred payroll taxes are due on December 31, 2021, with the remainder due on December 31, 2022.

Please call our office to discuss details if you’d like or need to take advantage of this provision.