Arcara & Borczynski, LLP
Certified Public Accountants
Certified Public Accountants
1806 Liberty Building | 424 Main Street | Buffalo, NY 14202
Phone: (716) 852-6681 Fax: (716) 852-5413
Social Security Payroll Tax Cut Extended
For anyone who prepares their own payroll, it looks like the reduction in the social security tax withholding from employees pay will be extended (the normal 6.2% withholding will remain at 4.2% like it has been). The extension is only going to be for two months for now, so we will monitor this and let you know if it is extended further. See the attached link for an article. Payroll Tax Cut OK'd by Congress
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