Deferring Employee FICA May Not Make Sense

  • Agribusiness
  • 9/1/2020
Employers are allowed to defer the employee portion of the 6.2% FICA tax from September 1, 2020 to December 31, 2020. However, this is probably not a good idea and we explain why.
This blog contains general information and does not constitute the rendering of legal, accounting, investment, tax, or other professional services. Consult with your advisors regarding the applicability of this content to your specific circumstances.

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