Home Economy Withholding taxes still need to be paid despite Trump’s executive order

Withholding taxes still need to be paid despite Trump’s executive order

The IRS has told the Business Journal that it has no information or comment on President Trump’s executive order signed on Saturday that has been widely reported as suspending payroll taxes that are collected to support Social Security and Medicare. In fact, the text of the order, titled “Memorandum for the Secretary of the Treasury,”…

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