Payroll Tax Deferral Executive Order
Payroll Tax Deferral Executive Order President Trump recently issued an executive order which allows employees to suspend their portion of social security payroll tax (6.2%) beginning September 1, 2020, and ending December 31, 2020. This would be eligible for employees making less than $4,000 for any bi-weekly pay (or $104,000 per year). This executive order…
