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Has the IRS or government made any mention if they still don't have money when the payroll taxes are due, that there is no penalty and not to worry about not having the money when the time comes?   

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Thanks gang.  I had heard that as soon as the executive order came out, all Federal employees automatically had the deferral but were given the opportunity to opt out.  Can anyone guess what could happen if the 1st quarter rolls around and for some reason the employer is not able to collect?  For example, what if the employee quits at Christmastime?  Is the IRS going to program their systems to collect from him as soon as he finds another job?  A really bad idear.

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On 9/8/2020 at 9:48 PM, Corduroy Frog said:

Thanks gang.  I had heard that as soon as the executive order came out, all Federal employees automatically had the deferral but were given the opportunity to opt out.  Can anyone guess what could happen if the 1st quarter rolls around and for some reason the employer is not able to collect?  For example, what if the employee quits at Christmastime?  Is the IRS going to program their systems to collect from him as soon as he finds another job?  A really bad idear.

From what I have read it is going to fall on the shoulders of the employer regardless.

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