To assist employees with the economic hardships resulting from COVID-19, recent guidance provides relief in the form of a payroll tax deferral (Deferral Program). Internal Revenue Service Notice ...
When President Trump issued an executive memorandum on Aug. 8, 2020 offering payroll tax deferral until the end of the year, a big question was whether the deferral — of the employee portion of Social ...
CLEVELAND — Many Americans could see a boost coming in their paychecks through the end of the year. That’s due to a payroll tax deferral set to kick in Sept. 1. The payroll deferral is one of four ...
Forbes contributors publish independent expert analyses and insights. Elizabeth Bauer is an actuary who writes about retirement policy. Does President Trump’s Social Security payroll tax deferral make ...
Troops will see more money in their paychecks, at least temporarily. (Viorika Prikhodko/Istockphoto) More than a million military members earning $8,666.66 or less per month will see their paychecks ...
The U.S. Treasury Department still has yet to tell companies how to handle President Trump’s order delaying the due date for employee payroll taxes, leaving major employers such as Walmart Inc. in the ...
Federal employees and members of the military will not be able to opt out of the Trump administration’s plan to defer payroll taxes from this month until the end of the year, despite calls from ...
In a recent blog post, I predicted that many businesses will decline to participate in the payroll tax deferral that President Trump announced on August 8. In the short time since that announcement, ...