Tax Memo: Deferring Payroll Tax Obligations in Light of the Ongoing Pandemic

Updated: Nov 2, 2020

On August 8, 2020, President Trump signed an executive memorandum (the “Payroll Tax Memo”) with the subject of “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster.” The Payroll Tax Memo seeks to defer the due date for the employee portion of federal payroll taxes – 6.2% for Social Security and 1.45% for Medicare – originally due September 1, 2020, until December 31, 2020.

Read the full article here.

0 views0 comments

Recent Posts

See All

© Law Exchange International 2021

Web Design by

Web and Graphic Design near Grand Rapids


David Lindgren

Shakespeare House

42 Newmarket Road

Cambridge CB5 8EP


Connect with LEI

  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon

Add on Facebook

Add on Twitter

Add on LinkedIn