On August 28, the IRS issued Notice 2020-65 on the deferral of employee payroll tax obligations, as originally described in the Trump Administration’s Executive Memorandum dated August 8. The brief guidance provides employers...more
On August 8, President Trump issued an Executive Memorandum (which has the same practical effect as an Executive Order), directing the Secretary of the Treasury to exercise his authority under section 7508A of the Internal...more