IRS Issues Guidance to Implement Deferral of Certain Employee Social Security Tax Withholding

IRS Issues Guidance to Implement Deferral of Certain Employee Social Security Tax Withholding We continue to provide updates on our breaking news email from last week regarding the IRS Notice 2020-65 that included some guidance for implementing the August 8th Presidential Memorandum. For applicable wages, the Memorandum directs the Treasury Department to postpone the Read more…

BREAKING NEWS: IRS Issues Guidance to Implement Deferral of Certain Employee Social Security Tax Withholding

  BREAKING NEWS: IRS Issues Guidance to Implement Deferral of Certain Employee Social Security Tax Withholding The IRS released a notice today with guidance for implementing the August 8th Presidential Memorandum. That Memorandum allowed employers to defer withholding and payment of the employee’s portion of the Social Security tax if the employee’s wages Read more…