Tag Archives: payroll tax deferral

Payroll Tax Holiday: Gift or Grief?

Walker Glantz Team

What is the payroll tax holiday? In early August, President Trump issued an executive order allowing a payroll tax holiday for employees’ portion of the social security tax. The effective date of the order was September 1, 2020. What are my options as an employer or as an employee? Option 1: Employers can opt-out of […]