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Will the Payroll Tax Deferral Make a Difference?

by Matthew Dopkin, Esq. | Oct 23, 2020 | Tax Law

The Impact of the Payroll Tax Deferral May Be Minimal Normally, the federal government takes a 6.2% payroll tax from each employee’s paycheck to fund Social Security. To help offset the economic impacts of the COVID crisis, President Trump issued an executive...

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