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Started By
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re: GEOTUS Payroll Tax Holiday?
Posted on 8/11/20 at 2:17 pm to LSUFanHouston
Posted on 8/11/20 at 2:17 pm to LSUFanHouston
quote:After being told to defer withholding? Interesting
Well if the employer forwarded them to treasury, I could see employer telling the employee "take it up with them, we are only the withholding agent".
2
Posted on 8/11/20 at 2:19 pm to Epic Cajun
This is why I think they bank it, and wait to see if it's totally forgiven as MAGA 2.0.
Posted on 8/11/20 at 2:26 pm to Epic Cajun
quote:
After being told to defer withholding? Interesting
This is the same government that for years referred to the ACA issues as a "penalty" and then somehow years after the legislation was written, got it changed over to a "tax" to meet constitutional burden.
I don't put anything past them. Especially if:
1) The EO is thrown out
2) In January we have President Biden and a Democrat-controlled congress.
I'm just saying... beware.
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