Donald Trump's executive memorandum on payroll tax is going to put more money in your pockets this year.
That's great news, but there is a catch. This also means that the same workers will get smaller paychecks for the first four months next year in 2021!
Friday, the IRS told employees they have to pay back what they defer from their employees' paychecks, so employees don't face huge taxes when they file their 2020 returns.
Watch below for more: