Executive Order on Payroll Tax Deferral20200901144446

Executive Order on Payroll Tax Deferral

FMLSeptember 1, 2020
On August 8, 2020, President Trump issued an executive order regarding the deferral of certain employee funded social security taxes (i.e. 6.2%).  Of note, the CARES ACT allowed some employers to defer the employer funded portion of social security taxes.  On August 28, the IRS issued Noti...