Companies are usually in charge of spending a 6.2 % Social Security income tax on worker wages.

Delay of Payment of Company Payroll Taxes.

1. Employers are often accountable for having to pay a 6.2 per cent Social Security income tax on worker wages. The CARES Act allows employers and self-employed people to defer re re payment associated with the employer‘s share of their 2020 Social safety income tax responsibilities so it would otherwise result in spending to your authorities with respect to its employees. Contine reading