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hey everyone itamp;#39;s sam again with natp and i am joined today by someone very exciting our newest addition to the team i have with me rhonda who is natpamp;#39;s new director of tax content and government relations um today weamp;#39;re actually going to be talking about something pretty timely um employee social security tax deferral so can you give us a little bit of a synopsis of of what happened and what this means sure well basically on august 12th president trumpamp;#39;s order directed the secretary of the treasury to defer the withholding deposit and payment of the employeeamp;#39;s share of social security tax for a deferment period which would be september 1st through december 31st of 2020. the order also uh directed the issuance of guidance long-awaited guidance as to how to implement the order finally on august 28th the irs issued notice 2020-65 which offered the official guidance as to the implementation of the order including employee eligibility the rep