COVID-19: Payroll Tax Deferral, To Withhold or Not to Withhold – That is the Question!
Applies to: All Employers Effective: September 1, 2020 On August 8, 2020, the President issued an Executive Order that permitted the delay of withholding and reporting the employee share of social security payroll taxes. On August 31, 2020, the IRS issued corresponding guidance. Specifically, employers may delay withholding social security payroll taxes for pay dates
