Industry Notes: Employers Oppose Executive Order On Social Security Payroll Tax Relief
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Industry Notes:
Employers Oppose Executive Order On Social Security Payroll Tax Relief
Published on Fri Aug 21, 2020
President Trump’s Aug. 8 executive order deferring certain payroll taxes may not help employees — or employers. “I am directing the Secretary of the Treasury to use his authority to defer certain payroll tax obligations with respect to the American workers most in need,” President Trump said in the order at www.whitehouse.gov/presidential-actions/memorandum-deferring-payroll-tax-obligations-light-ongoing-covid-19-disaster. The order would apply from “September 1, [...]
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