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Presidential Memorandum

Terry53029
Level 14
Level 14

FYI, notice of delayed SS tax. https://www.irs.gov/pub/irs-drop/n-20-65.pdf

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5 Comments 5
qbteachmt
Level 15

Oh, wow. I am so glad I don't do anyone's payroll or even teach it any longer.

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"Level Up" is a gaming function, not a real life function.
abctax55
Level 15

It's "optional".  What employer in their right mind would DO this with the uncertainty involved?  

"*******Tax software is no substitute for a professional tax preparer*******
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BobKamman
Level 15

@abctax55  What employer in their right mind would DO this with the uncertainty involved?  

You think I'm crazy to do it with my own salary from my own company?  Hey, a free loan is a free loan. 

abctax55
Level 15

That is likely the ONLY scenario where it would make sense.

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
qbteachmt
Level 15

@BobKamman 

Yes, but...when you quit your job, how will you, the employer, pursue that employee? What if you move and don't tell yourself about the new location?

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"Level Up" is a gaming function, not a real life function.