#payrolltaxdeferral


President Trump Defers Social Security Tax 09/01-12/31, 2020

On 08/28/2020, President Trump announced that employers can suspend the collection of Social Security taxes. The US Treasury Department announced guidance which allows employers to offer their workers a temporary deferral of the 6.2% payroll tax employees pays into the Social Security trust. I recommend the following; What you should […]