Tag: social security tax

Blank social security card, and 1040 us individual tax income return form

Can Congress overturn it?  With all the other things in the news, it is easy to overlook the fact that the President’s proposal to defer Social Security payroll tax payments went into effect on September 1.  Specifically, employers can stop withholding the 6.2-percent employee share of the Social Security tax through the end of t…