Trump’s Payroll Tax Deferral to Shrink Workers Paychecks Next Yr

Federal employees will see a tax break through year-end, and then in the first few months of 2021, they will see their payroll tax doubled to make up for it, unless Congress forgives it, according to a senior administration official.

• Admin. has been working with federal payroll providers since the IRS guidance went out to address issues with implementation of the deferral
• “The President put forward this action to give relief to all Americans during this pandemic,” says Rachel Semmel, a spokesperson for the Office of Management and Budget
  • “As an employer, the Executive Branch is implementing the deferral to ...