Last Week in Payroll: Repaying Deferred Social Security Taxes
ThomsonReuters
JUNE 21, 2021
Repaying Deferred Social Security Taxes . In addition, a Presidential Memorandum signed on August 8, 2020, allowed employers to defer the employee’s share of Social Security tax from September 1, 2020 through the end of tax year 2020. . credit for employer FICA tax paid with respect to employee cash tips.
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