Introduction
This webinar will review areas within payroll that are usual audit points from both the Internal Revenue Service and the Departments of Labor from the federal and state levels.
Detailed discussion on how to stay compliant in each area and what penalties non-compliance can have. You may even discover areas of potential non-compliance that you have not thought of.
If you process payroll and want to ensure compliance this webinar will give you the tools to avoid penalties and interest from noncompliance issues.
Areas Covered In The Webinar
Worker Misclassification Errors
Properly Calculating overtime
Overpayment Corrections in regard to FLSA and taxation
Timing of Payment Concerns
Termination Errors
Proper state taxation
Taxing Fringe Benefits
Obtaining proper substantiation for nontaxable fringe benefits
Proper Processing of received garnishments
SUI tax practices unethical and errors
Why should you attend?
Worker Misclassification Errors and how avoid them, along with review of updated DOL guidance
How to properly calculate overtime with constant legislative changes
Overpayment Corrections in regard to FLSA and taxation
How delaying payment for missed pay can cause an issue
How to properly termination employees and avoid errors
The best way to determine appropriate state withholding taxation
Taxing Fringe Benefits the simple IRC rule
Obtaining proper substantiation for nontaxable fringe benefits
Proper Processing of received garnishments
SUI tax practices unethical and avoiding errors
Who Will Benefit
Payroll and Tax Professionals HR Professionals