Overcoming the Expiration of the Payroll Tax Cut

Over the past couple of years, you’ve been spoiled. You’ve had an extra 2% in your paychecks thanks to the payroll tax holiday. Normally, you pay 6.2% in Social Security taxes. But during the past two years, you’ve paid just 4.2%. This was never intended to be a permanent tax break — in fact, it wasn’t [...]

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