President Trump's policy for 'bigger paychecks' in 2020 will be mandatory for certain service members

  • By cvbizz
  • September 9, 2020
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via wyff.com

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A measure to suspend a payroll tax in 2020 will have to be followed for certain military service members.Those making less than about $104,000 in basic pay each year will have to participate in deferring the payroll tax, which helps part of Social Security services for people.Under Internal Revenue Service Guidance, the 6.2% payroll tax deferral will have to be collected from Jan. 1 to

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