• There was not an EO for a payroll tax cut, but instead a Memo directing Mnuchin to defer the withholding of the FICA tax for 9/1/20 - 12/31/2020. Mnuchin is also directed to "explore avenues" to eliminate repayment. Assuming that no avenue is found, then the deferred taxes must be repaid in 2021. https://www.whitehouse.gov/presidential-actions/memorandum-deferring-payroll-tax-obligations-light-ongoing-covid-19-disaster/ 9 comments 9/8/2020 politics
• Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster https://www.whitehouse.gov/presidential-actions/memorandum-deferring-payroll-tax-obligations-light-ongoing-covid-19-disaster/ 5 comments 8/8/2020 tax

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