Day

October 28, 2020

WHAT’S IN A NAME?

Working from home (WFH) now has become a dominant reality for many American workers. You may be one of the approximately 45 million persons working from home full-time … or know a relative, friend or professional colleague who are among the 42 percent of the U.S. labor force doing so.
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Text, word Payroll is written on a folder lying on documents on an office desk with a laptop and a calculator. Business concept.

PAYROLL TAX DEFERRAL

Early last August, President Trump directed Treasury Secretary Steven Mnuchin to permit employers to temporarily suspend the collection of employees’ shares of Social Security payroll taxes … equal to 6.2 percent of the compensation of eligible employees.
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