White House Dissatisfaction Slows IRS Payroll Tax Guidance
- Trump directed that companies could defer tax starting Sept. 1
- Administration wants employers to be liable for paying tax
Donald Trump
Photographer: Brendan Smialowski/AFP via Getty Images
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Guidance for companies on President Donald Trump’s payroll tax deferral directive is being held up by White House dissatisfaction with the rules drafted by the Treasury Department and Internal Revenue Service, according to three people familiar with the matter.
The White House wants employers, not employees, to be responsible for paying back the Social Security levies when they come due next year, one of the people said. Under current law the IRS can seek to collect unpaid payroll taxes from both employers and employees.