Batshuayi's loan move from Chelsea to Palace makes perfect sense

Who is eligible for the payroll tax holiday? The only requirement specified in the executive memo is that you earn no more than $4,000 every two weeks under the latest IRS guidelines. People who earn more than that will not be able to participate in the payroll tax holiday. It’s unclear how Trump’s payroll tax deferment would affect self-employed workers and contractors who typically pay their Social Security taxes with their income taxes. 

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‘The club has shown its intent with the three signings they have made in this window (Allan and Abdoulaye Doucoure). It helps when you have a great and hugely knowledgeable manager. Let’s hope in the next few years, others want to join us.

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How do you pay back the deferred payroll tax?  The IRS said in a memo dated Aug. 28 that employers who participate in the payroll tax holiday will then have to pay back the taxes starting in 2021. This will be done by deducting an additional payroll tax deduction on top of the standard deduction. To put it simply, more money will be taken out paychecks from Jan. 1 to April 30 in 2021 to repay the taxes owed. 

Sheffield United, Crystal Palace and Aston Villa have been pushing for the England U21 international with Liverpool still to make a decision. They would want over £20m plus clauses if they sell while any loan move would involve penalty payments if he did not play.

Though Everton may appear a step down for someone who has graced clubs of that stature, Rodriguez has twice been signed under current Blues boss Carlo Ancelotti and spoke to his international team-mate Yerry Mina before committing to Goodison.

West Brom have already signed five players — Matheus Pereira, Grady Diangana, Callum Robinson, Cedric Kipre and David Button — in the close-season since earning promotion back to the Premier League after a two-year absence.

Sept 11 (Reuters) – Newly-promoted West Bromwich Albion have unfinished business in the transfer market as they aim to buy more players but are struggling to get further deals over the line due to a lack of funds, manager Slaven Bilic said on Friday.

The payroll tax deferment was one of the four executive actions Trump signed on Aug. 8, with the other three involving what the administration referred to as enhanced unemployment benefits, an eviction moratorium and a continued deferral on student loan payments. The actions came as Democrats and Republicans continued to fall short of an agreement on the terms of a new stimulus package, which might include a second round of stimulus checks. That deadlock goes on, with a “skinny” relief bill floated by Republicans failing to pass the Senate on Friday. 

Trump’s executive memo on Aug. 8 involved deferring, for workers making less than $100,000 a year, the 6.2% Social Security tax taken out of paychecks. The deferment would last from Sept. 1 to Dec. 31 and taxes would have to be paid back over the course of the first four months of 2021. House Republicans introduced a bill Friday to forgive the deferred taxes, according to a report from The Hill. Trump said in multiple campaign speeches that he would forgive the taxes if he gets reelected, and there are discussions at the White House of him signing another executive action that the administration says would make the deferment more effective, as reported by The Washington Amanecenublado Blogspot post to a company blog on Wednesday.

Michy Batshuayi’s return to Crystal Palace suits every party.

For Chelsea, who have renewed Batshuayi’s contract for one more year until 2022, they protect an asset which could be worth much more with a full season of Premier League football under his belt.

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The way the Social Security tax works is that 6.2% is deducted from an employee’s paycheck. That same amount is also required to be paid by the employer, making a total of 12.4% sent to the IRS. A payroll tax cut would mean that employees and employers would be exempt from paying this tax during the set “holiday” period, potentially making your paycheck larger (though there’s a catch — more below).

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