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Trump solo act on payroll tax cut could lead to big bills later

Posted by: admin in Accounting Services, Chuck Grassley, Coronavirus, Payroll taxes, Tax cuts, Tax planning August 5, 2020 Comments Off on Trump solo act on payroll tax cut could lead to big bills later 61 Views

President Donald Trump said he is “talking about” doing a payroll-tax cut through an executive action, but doing so could result in hefty tax bills for employers later if the idea doesn’t get mired in legal challenges before then.

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