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News Articles: payroll tax

After former President Donald Trump signed a presidential memo in August 2020, the U.S. Census Bureau was directed to stop collecting payroll taxes from certain employees in the final months of last year. The bureau is now trying to get some former temporary workers to pay what they owe.

Trump left a $7 million mess after delaying census workers' payroll taxes

The Trump administration directed many federal agencies to stop collecting payroll taxes last year. The Census Bureau is now trying to get former temporary workers to pay what they owe.

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By:
  • Hansi Lo Wang
President Trump signs one of four executive orders addressing the economic fallout from the pandemic in Bedminster, N.J., on Aug. 8. The Trump administration has given employers the option to stop collecting payroll taxes, but workers may have to repay the money next year.

The Payroll Tax Delay Is Here, But So Is Confusion About It

Some employees will soon see a boost in take-home pay. The Trump administration has given employers the option to stop collecting payroll taxes. But workers may have to repay the money next year.

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By:
  • Scott Horsley
Employers are supposed to stop withholding the payroll tax on Sept. 1. But companies need guidance from the IRS on exactly who is eligible to have their taxes suspended and how to keep track so those taxes can eventually be repaid.

Payroll Tax Delay To Boost Take-Home Pay, But Don't Spend It Yet

President Trump has directed the Treasury Department to stop collecting payroll taxes this fall in an effort to boost workers' paychecks. But the move is temporary, and could spark headaches in 2021.

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By:
  • Scott Horsley