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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. So who’s going to defer payroll taxes per Trump’s executive order?

So who’s going to defer payroll taxes per Trump’s executive order?

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #1

    https://www.cnbc.com/2020/08/28/irs-rules-on-trumps-payroll-tax-cut-put-firms-on-the-hook-for-taxes.html

    It’s a compliance nightmare for employers. Which employer is actually going to do it? I doubt even the Trump Organization will do it.

    RichR 1 Reply Last reply
    • AxtremusA Axtremus

      https://www.cnbc.com/2020/08/28/irs-rules-on-trumps-payroll-tax-cut-put-firms-on-the-hook-for-taxes.html

      It’s a compliance nightmare for employers. Which employer is actually going to do it? I doubt even the Trump Organization will do it.

      RichR Offline
      RichR Offline
      Rich
      wrote on last edited by
      #2

      @Axtremus

      I have no clue. I just send it all to the payroll service (in my case, Square) company and let them deal with it.

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