President’s Executive Order defers employee Social Security taxes – Guidance is required before implementation
By: Dean Dorton | August 17, 2020
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On August 8, President Trump issued an Executive Order directing the Secretary of the Treasury to defer the withholding, deposit, and payment of certain employee payroll taxes. There are many questions about how the Order will be implemented. In the meantime, we have summarized what we know about the Order below.
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