COVID-19 business toolkit
This toolkit will continue to be updated daily as new information and resources become available. Please continue to check back for updates.
Federal payroll tax deferral information courtesy of Grant Thornton
Click here for information from Grant Thornton on the payroll tax deferral executive order from President Trump on August 8, 2020 and the additional guidance provided by the Treasury Department on August 28. The payroll tax deferral allows employers to participate in deferring the withholding and remitting of an eligible employee’s share of the social security tax (6.2%) for wages paid from September 1, 2020 through December 31, 2020. Employers will have to weigh a variety of factors in deciding how to move forward as this guidance still leaves unanswered questions and repayment exposure and risks. For additional information or questions for the Grant Thornton Minneapolis office, email email@example.com, SALT – Senior Manager.
COVID-19-related business needs
Every business in Minnesota is impacted by the COVID-19 crisis. The Minnesota Chamber is actively working with our members and the business community as a whole to understand the current, dynamic business climate. Your answers below will help us understand the immediate and future challenges for business, advocate to elected officials, and bring your business much-needed one-on-one assistance.