Guidance issued on the payroll tax deferral action

Companies can stop withholding employees’ payroll taxes starting September 1, although workers will have to pay the taxes by the end of April 2021. CNN’s Christine Romans breaks down the Treasury Department’s new guidance.

Companies can stop withholding employees’ payroll taxes starting September 1, although workers will have to pay the taxes by the end of April 2021. CNN’s Christine Romans breaks down the Treasury Department’s new guidance.