NEW YORK (AP) — As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount _ company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred. The order President Donald Trump signed Aug. 8 allows employers to stop withholding the 6.2% tax from Sept. 1 through Dec. 31 and requires that it be paid between Jan. 1 and April 30 of next year. But business owners are wary, saying the plan opens up the possibility that companies might ultimately have to pay the tax if staffers leave.
Susan Walsh/AP
FILE - In this Saturday, Aug. 8, 2020, file photo, President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J. As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount, as company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred. (AP Photo/Susan Walsh, File)
Posted
and last updated
Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Sign up for our Morning E-mail Newsletter to receive the latest headlines in your inbox.
,
Weather
Sunday
11/02/2025
Sunny
79° / 55°
1%
Monday
11/03/2025
Mostly Sunny
83° / 54°
2%
Tuesday
11/04/2025
Sunny
79° / 53°
2%
Wednesday
11/05/2025
Partly Cloudy
76° / 56°
0%
Thursday
11/06/2025
Partly Cloudy
71° / 54°
5%
Friday
11/07/2025
Partly Cloudy
71° / 52°
6%
Saturday
11/08/2025
Sunny
76° / 55°
3%
Sunday
11/09/2025
Partly Cloudy
79° / 56°
2%