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Payroll tax deferral

COVID-19

Do employees have a say in whether to go on payroll tax holiday?

by David Brancaccio , Nova Safo , Candace Manriquez Wrenn and Alex Schroeder
Sep 2, 2020
It looks like it's going to depend on who they work for.
The Trump administration's guidance on the temporary payroll tax cut is addressed to companies, not individual employees,
Win McNamee/Getty Images
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COVID-19

Does Trump's payroll tax deferral mean save now, pay later?

by Kimberly Adams
Aug 31, 2020
While the federal government will take the temporary payroll tax break, some employers will skip it.
Treasury Secretary Steven Mnuchin speaks as President Donald Trump looks on during a press conference. The Treasury Department Friday released guidance on the payroll tax deferral.
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