Payroll Deductions: What Can and Cannot be Deducted from an Employee's Wages

FREMONT, Calif. - Jan. 14, 2015 - PRLog -- We pay the employee their net paycheck only by the permitted payment method. But when it comes to deducting from the employee's gross wages to achieve the net income are you also adhering strictly to the rules? This webinar will guide you more on payroll deductions.

Why Should you Attend:
Failure to follow the regulations pertaining to employee wage deductions can result in substantial penalties and interest. Attend this 90 minute presentation to gain knowledge to protect your company.

Objectives of the Presentation:
In this webinar we will discuss what can and cannot be deducted from an employee's regular paycheck as well as their final one. This includes:
Taxes-which are mandatory, which are a courtesy, and which ones the employee controls
Child support-the limits but not beyond
Tax levies-federal and state
Creditor garnishments-how many can you honor and how often
Voluntary wage assignments for "payday loans"- when are they required to be honored
Handling fringe benefits such as health insurance or group term life
Uniforms-when the employer pays for it and when the employee furnishes it
Meals-when they become part of the employee's wages
Lodging-when it is part of the employee's wages and when is it a perk
Shortages-the employee came up short so they have to cover that right?
Breakage-you broke it so you have to pay for it, legal or not
Overpayments-the employee was overpaid so you can just take the money back or can you?
Advanced vacation pay-the employee knows the vacation hours were advanced so we can take them back when the employee quits can't we?
Loans to employees: what terms can be set while the employee is still active and what can be taken when the employee terminates
Employee purchases-active employees and terminated employees
Anti-wage theft laws and the states

Who can Benefit:
Payroll professionals
Human Resources
Accounting Personnel
Business Owners
Lawmakers
Attorneys
Any individual or entity that must deal with handling communications including notices from the IRS or any other government entity or agencies.