The IRS has provided guidance to employers regarding the recent presidential action to allow employers to defer the withholding, deposit and payment of certain payroll tax obligations. This includes deferring employee social security taxes. The three-page guidance in Notice 2020-65 was issued to implement President Trump’s executive memorandum signed on August 8. Private employers still … Continue reading “Employers Have Questions & Concerns About Deferring Employees’ Social Security Taxes”