11 Sep 2020

DOD educates military service members, civilian employees on Social Security Payroll Tax Deferral

In order to provide relief during the COVID-19 pandemic, a Presidential Memorandum was issued on August 8, 2020, followed by Internal Revenue Service guidance issued on August 28, 2020, to temporarily defer the withholding of Social Security taxes for certain individuals beginning September 1, 2020 through December 31, 2020.