Workers who participate in President Donald Trump’s payroll tax deferral will see a temporary increase in their take-home pay, but they’ll likely see smaller paychecks in early 2021. Sept. 1 marks the ...
An executive action President Trump issued Saturday on the deferral of payroll taxes could put more money in your pocket soon. Much is still unknown about how the order will be implemented, but ...
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Trump's Payroll Tax Deferral of 2020: What Happened?
President Donald Trump signed the Executive Order "Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster" during his first term on Aug. 8, 2020. The order allowed employers to ...
WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend the collection of some Social Security taxes, although business groups dislike the idea and it may create political ...
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