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Feds’ Payroll Savings plan going paperless in 2011

by on
in Small Business Tax Deduction Strategies

Starting Jan. 1, 2011, the U.S. Department of the Treasury will no longer issue paper Savings Bonds through employer-sponsored payroll savings plans. Employees can still save through savings bonds, but the process will have to be done electronically after they establish an account at TreasuryDirect.gov.

Find more details at www.treasurydirect.gov/news/news_elimination_paperpayrollqa.htm.

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