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The U.S. House of Representatives won’t implement President Donald Trump’s order allowing employers to defer payroll taxes owed by workers, joining major companies in rejecting the option.
September 14 -
A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.
September 11 -
But enough issues remain that employers are not over-enthusiastic about the option, experts say.
September 10 -
The pandemic may encourage business owners to ‘borrow’ from the government.
September 9 -
ADP's Pete Isberg explains what we know about payroll tax deferral -- and what we don't.
September 8 -
Democrats on the tax-writing House Ways and Means Committee introduced a bill to overturn President Trump’s executive action to defer payroll tax contributions, along with a resolution of disapproval that’s being coordinated with Democrats in the Senate.
September 8 -
As COVID-19 lockdown restrictions eased, New York, New Jersey and Pennsylvania businesses benefited.
September 1 -
The Internal Revenue Service issued some eagerly anticipated guidance on President Trump's executive order.
August 28 -
The administration wants employers, not employees, to be responsible for paying back the Social Security levies when they come due next year.
August 27 -
The U.S. Treasury Department still has yet to tell companies how to handle President Donald Trump’s order delaying the due date for employee payroll taxes, leaving major employers like Walmart Inc. in the lurch.
August 26