Employers are supposed to stop withholding the payroll tax on Sept. 1. But companies need guidance from the IRS on exactly who is eligible to have their taxes suspended and how to keep track so those taxes can eventually be repaid.
Elaine Thompson/AP
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President Trump has directed the Treasury Department to stop collecting payroll taxes this fall in an effort to boost workers' paychecks. But the move is temporary, and could spark headaches in 2021.
Employers are supposed to stop withholding the payroll tax on Sept. 1. But companies need guidance from the IRS on exactly who is eligible to have their taxes suspended and how to keep track so those taxes can eventually be repaid.
Elaine Thompson/AP
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New York Philharmonic first violinist Kuan Cheng Lu, playing for a socially distanced audience of two at Lincoln Center on July 31.
Mito Habe-Evans/NPR
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Sen. Kamala Harris, D-Calif., takes the stage at a campaign stop at Keene State College in Keene, N.H., in April 2019.
Brian Snyder/Reuters
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When Redstone was about 30, he went to work for his father who owned a few drive-in theaters in New England. He eventually turned his father's business, National Amusements, into a national theater chain.
John Blanding/Boston Globe via Getty Images
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