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Payroll tax cut to boost take-home pay

New withholding details now available WASHINGTON ―The Internal Revenue Service released instructions earlier this month to help employers implement the 2011 cut in payroll taxes, along with new...

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Payroll tax cut extended to the end of 2012

WASHINGTON — The Internal Revenue Service today released revised Form 941 enabling employers to properly report the newly-extended payroll tax cut benefiting nearly 160 million workers.

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