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This act also authorized a one-year reduction in the Social Security employee-payroll tax. The reduction was extended for the 2013 year by the Middle Class Tax Relief and Job Creation Act of 2012, which also extended federal unemployment benefits and the freeze on Medicare physician payments.
Initial analysis of the bill by the AAM indicated several ways that aid could be applicable to the arts and culture sectors. These included: Emergency Small Business Loans, Economic Injury Disaster Loans, a Charitable Giving Incentive, and an Employee Retention Payroll Tax Credit.
On November 17, 2019, the banking data for 29,000 Facebook employees was stolen from a payroll worker's car. The data was stored on unencrypted hard drives and included bank account numbers, employee names, the last four digits of their social security numbers, salaries, bonuses, and equity details.