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Thread: Payroll Tax Holiday

  1. #1
    Join Date
    Aug 2020
    Posts
    1

    Default Payroll Tax Holiday

    Are you going to adapt the Zpay program to leave out the 6.2% social security tax for the payroll tax holiday for employees between 9/1/2020 through 12/31/2020 as outlined by the President's executive order?

  2. #2
    Join Date
    Aug 2002
    Posts
    2,690

    Default

    We are working on a solution the order was signed on the 28th but no exact guidance to go on so we are researching it.
    Paul Mayer
    ZPAY Payroll Systems, Inc.

  3. #3
    Join Date
    Jan 2003
    Posts
    12

    Default

    I hope you will have the option to opt out of it.

  4. #4
    Join Date
    Aug 2002
    Posts
    2,690

    Default

    I have not seen that as an option, but the employees will have to pay it back with interest it appears. Not a great idea.
    Paul Mayer
    ZPAY Payroll Systems, Inc.

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