An Executive Order to Provide Assistance to Employees During Pandemic

All, Compliance, COVID-19 Updates, For Employers, Human Resources, Legislation

On Saturday, August 8, 2020, President Trump issued Executive Orders that extended assistance to many Americans impacted by the Coronavirus. President Trump directed the Treasury Department to allow deferral of the 6.2% Social Security tax on wages for employees making less than $104,000 a year. That suspension would last from September 1 through December 31,…