The IRS released guidance recently (IRS Notice 2020-65) that provides some clarification on the payroll tax deferral for employees that can be withheld starting September 1, 2020 through December 31, 2020. The Notice indicates that the employer would recapture this tax by increased withholding from January 1, 2021 through April 30, 2021. THE NOTICE DOES NOT CLARIFY WHAT HAPPENS IF THE EMPLOYER CANNOT RECAPTURE THIS EXTRA WITHHOLDING. WILL THE EMPLOYER BE RESPONSIBLE FOR PAYING THE EMPLOYEE’S TAX DEFERRAL??? OUR FIRM DISCOURAGES BUSINESSES FROM OFFERING THIS PAYROLL TAX DEFERRAL TO ITS EMPLOYEES.