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Executive Memorandum Permits Individuals to Defer Certain Payroll Tax Obligations

On August 8, 2020, President Trump issued a memorandum with the stated purpose of providing “further temporary relief...to support working Americans” by enabling the deferral of employee Social Security taxes for specific...more

Payroll Relief Under the CARES Act Softens the Financial Impact of COVID-19 for Employers

On March 25, 2020, the U.S. Senate voted unanimously (96-0) to pass the Coronavirus Aid, Relief, and Economic Security (CARES) Act as an attempt to stabilize the U.S. economy disruptions in the wake of the COVID-19 pandemic....more

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