Posts Tagged ‘social security tax’

IRS Issues Guidance on the Employee Social Security Tax Deferral

Monday, August 31st, 2020

On August 8, 2020, President Trump issued an Executive Order  as part of an effort to put more spending money in consumers’ pockets and stimulate the economy.  The Order authorized employers to defer the withholding and deposit of the employee portion of the social security tax. To be technical about it, the President directed the […]