article thumbnail

Your choice: To ditch Social Security tax withholding or not

Business Management Daily

Then, the Treasury Department offered some clarity on the payroll tax. Employers and third-party payroll providers generally need more than 19 days to make major changes to payroll systems. Deferring Certain Payroll Tax Obligations. Section 7508 was amended in 2005, by the Katrina Emergency Tax Relief Act (P.L.

Taxes 81