Trump's deferral of payroll taxes

[avebury]

State of Oklahoma's response:


Pursuant to the President’s Executive Order related to deferring employee payroll taxes, the U.S. Department of the Treasury released guidance setting new payment deadlines for payroll taxes attributable to earnings from Sept. 1 through Dec. 30.

Because this is a very short-term deferral of taxes for which the employee must repay beginning in January, the state will not be deferring the taxes and will withhold and remit payment of Social Security tax under the normal schedule.

Per a Bulletin that they sent out by the State.

[dweller]

1. times 50 would make a mark

actually any individual could amend their withholding to an extra 6.5% ...
and the employer could be left with the tax in 2021

✌🏼

[crickets]

2. Good! I hope other states have the same good sense. K&R

[Nitram]

3. Smoke and mirrors.