Employee Social Security Tax Deferral legislation
NCR Payroll & HR is working with our development team to evaluate the requirements to support the recent Presidential Memorandum regarding the Payroll Social Security Tax Deferral and the complexity this presents to the existing structure of the Social Security tax calculations.
Presidential Memorandum
On August 8, 2020, the President signed a Presidential Memorandum.
Read the Presidential Memorandum
Employee Social Security Tax Deferral
On August 28, 2020, the IRS published the following notice related to the Employee Social Security Tax Deferral.
We will keep NCR Payroll & HR Solutions clients informed of the progress and timing of changes to the NCR systems related to this guidance as we evaluate the scope of the changes. If you have immediate questions, please contact your Client Service Representative.