Register Online - Add to Cart
Product ID: 406599EAU
 
Credit & Course Provided by:

Payroll: Preparing for Year-End

OnDemand Webinar (85 minutes)

Ensure that you are in compliance and nothing is missed by having your year-end payroll checklist in place.

Payroll departments should begin to prepare for year-end well before December 31. The general year-end payroll check list is important to assure that no part of year-end compliance is missed. Be sure your year-end imputed income amounts are correct and withholding is in compliance. This topic will assist you in reviewing your year-end process to achieve a smooth W-2 compliance season. At the end of the content, you will understand how to complete and submit W-2 forms for your employees, what reporting is required for nonresident alien employees, the state requirements for year-end payroll departments and a look at the changes in the new year.

Authors

Mark Schwartz, MS Payroll

Agenda

Major Updates for 2020 From the IRS and Other Agencies

Major Points of DOL's New Overtime Regulations

New FICA Wage Limits

Minimum Wage Updates

State Unemployment Insurance Rates

Minimum Salary Requirements to Be Exempt From Overtime

Specific Steps on How to Efficiently Reconcile Pay Periods to Quarterly Returns, and Quarterly Returns to Year End Forms and Information Returns.

What to Keep an Eye out for in 2020