W-2 and W-4 Update and Best Practices for 2014

Learn about the key information every payroll professional must know about W-2 forms and W-4 before handing one over for preparation by an employee or recruit.
By: OnlineCompliancePanel LLC
 
FREMONT, Calif. - Sept. 17, 2014 - PRLog -- Instructor: Miles Hutchinson

Description:


Have you experienced the perplexed employee who correctly identifies a mistake on their W-2 on April 16? You sent the government copies off to the SSA in March. Now you have a challenge – how to quickly pacify the employee and how to correct the copy at the SSA. And what about the impact on your quarterly Forms 941? What is the practical procedure to help ensure this doesn't happen again? What are the rules and regulations addressing these concerns? Where can you find help with exactly how to handle this year-end challenge? Join us for this quick paced discussion of the 2014 changes, the issues and the helpful tools to help you maintain your sanity during the year-end reporting season.

It is far better to work from a tried and true plan in December/January than to waste time correcting a mess in April. The methods we share with you will help ensure matching between your quarterly forms 941 and your forms W-2/W-3. We will also review the key information every payroll professional needs to know about form W-4 before you hand one over for preparation by an employee or recruit and what to look for when they give it back.

Why Should you Attend:
Learn the latest updates on Form W-2 and Form W-2 wage and withholding reporting. This webinar will prepare your staff for the 2012 filing year, improve your employee reporting set-up and maintenance practices, and reduce your risk of complaints from the IRS. Experienced CPA and businessman Miles Hutchinson will review the current law and regulations regarding the filing of Forms W-2 and W-4 and will provide practical guidance in these areas that have become the subject of increasing IRS scrutiny.

Objectives of the Presentation:
Review legal and regulatory changes for the 2014 reporting year
Other benefits/credits about to expire
Retirement funding – how to report
New forms
Reporting the cost of employer sponsored health coverage – which employers are affected, when employers must begin reporting, valuation methods, etc.
How to handle expense reimbursements made to employees-reportable/taxable?
How to efficiently execute an electronic W-4 program
Verifying employee social security numbers online
Electronic filing with the SSA using Business Services Online (BSO) – the requirements and benefits
Where to turn when you want to transmit employee copies of W-2's electronically
What your company can do to minimize resource consumption when complying with this regulatory reporting requirement
What if we make a mistake? Corrections and penalties.

Who can Benefit:
Information Reporting Officers
Tax Managers
Compliance Officers
Compliance Managers
CFOs
Controllers
Payroll Managers
HR Managers
Accounting Managers
Bank Managers
Auditors
IT Managers
Risk Managers

 Quick Contact:

 ---------------------------------

 http://www.onlinecompliancepanel.com/ecommerce/webinar/~p...

 Toll free: +1-510-857-5896

 Email: webinar@onlinecompliancepanel.com

 OnlineCompliancePanel LLC,

 38868 Salmon Ter,

 Fremont, CA 94536, USA

Media Contact
David Jonathan Moses
webinar@onlinecompliancepanel.com
+1-510-857-5896
End
Source:OnlineCompliancePanel LLC
Email:***@onlinecompliancepanel.com
Tags:Forms 941, Form W-2, Form W-4, Irs Forms And Publications, IRS scrutiny
Industry:Banking, Financial
Location:Fremont - California - United States
Subject:Events
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
OnlineCompliancePanel PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share