Posted inEl Paso, Payroll Tax Holiday

Payroll Tax Holiday – What It Means To You and Your Company

In response to the Covid-19 emergency and because Congress has beenunable to pass new legislation to help the economy, Donald Trump issuedseveral executive orders on August 8. One of them was the Payroll TaxDeferral Holiday. The so-called payroll tax holiday memorandum reducesthe amount of taxes withheld on employee paychecks from September 1through the end of […]