Payroll Tax Suspension Starts In Sept. Will Increase Employee Take-Home Pay


Many people across the country might see their take-home pay increase next month.

Beginning Sept. 1, the payroll tax relief program is scheduled to start. With this program, a portion of income tax from an employee's paycheck that is usually withheld by their employer won't be anymore.

The program could help add about $100 back to an employee's monthly income, providing some relief to people who are struggling financially during the pandemic. Read more here>>https://6abc.com/finance/many-employees-take-home-pay-to-increase-next-month/6373928/

Source: 6 abc

Photo: Getty

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