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JBSA News

Tag: Social Security Payroll Tax

Information on Social Security (OASDI) tax deferment
December 17, 2020 — In order to provide relief during the COVID-19 pandemic, a Presidential Memorandum was issued Aug. 8, 2020, and guidance followed from Internal Revenue Service Aug. 28, 2020, to temporarily defer Social Security (Old Age, Survivors, and Disability Insurance (OASDI)) tax withholdings. This change is effective through the end of the 2020 calendar year...