Law & Order

U.S. Treasury Department Issues Guidelines on Voluntary Deferment of Workers’ Payroll Taxes; Companies Express Repayment Concerns

President Trump issued an Executive Order on August 8 to establish a voluntary deferral of workers’ federal payroll taxes for September 1, 2020 to December 31, 2020, and the U.S. Treasury Department issued a three-page guidance document on August 28 on how the program would work.

White House Issues Executive Actions on Payroll Taxes and Unemployment Insurance

President Trump issued executive actions to withhold the collection of payroll taxes through the end of 2020, provide $300 per week in federal supplemental unemployment benefits, permit the deferral of student loan repayment until 2021 for federal loans and direct federal agencies to consider funding rental assistance to prevent evictions.


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