Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster

Federal Statute and Guidance | Covid-19 | Aug 25, 2020

Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster

This memorandum directs the Secretary of the Treasury to defer (not forgive) the withholding, deposit, and payment of certain Social Security taxes for wages between September 1 and December 31.