YOUR BUSINESS AUTHORITY
Springfield, MO
The state of Missouri this week rejected President Donald Trump's payroll tax deferral offer.
The offer would give some employees a temporary reprieve of the 6.2% payroll tax.
“We do not believe our state employees would be advantaged by doubling their tax obligations between January and April of 2021, in exchange for temporarily reduced taxes for three months this year," said Chris Moreland, spokesperson for the Office of Administration, which oversees payroll and other operational issues for Missouri's government.
Read more from the St. Louis Post-Dispatch.
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