Payroll Tax Memo: Deferring Payroll Tax Obligations in Light of the Ongoing Pandemic

By: Joe Hunt On August 8, President Trump signed an executive order, the Payroll Tax Memo, which seeks to defer the due date for the employee portion of federal payroll taxes, originally due September 1, 2020, until December 31, 2020. Under the Payroll Tax Memo, employers are allowed (but not required) to defer payment of …

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