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News

NECA General Council on IRS COVID-19 Payroll Tax Deferral Guidance

Sep 2, 2020
Early last month, President Trump signed an executive order directing the secretary of the treasury to allow employers to defer the withholding, deposit and payment of a certain portion of social security taxes in light of the ongoing COVID-19 pandemic. The IRS has issued guidance implementing the president’s order.

Read the Guidance