Form W4: Impact on Payroll

• Overview
• Credits

Clear up questions on the effects that Form W-4 has on payroll.This course is designed for any payroll or human resources professional responsible for collecting and processing the Form W-4 Withholding Certificate. This material will provide you with valuable information to ensure you understand the changes to the new form and how those changes relate to payroll. In addition, you will gain new or refreshed knowledge regarding handling employee questions, recordkeeping, and processing new forms.

Authors

Agenda

Form W-4

• Purpose

- Employer Responsibility

- Employee Responsibility

• Understanding the New Form W-4

- What's New for Employees

- Payroll System Setup

• Checklist for Different Employee Types

- U.S. Citizens

- Nonresident Aliens

- Employees Claiming Exemption

Recordkeeping and Management

• Submission Requirements and Options

• Employer Due Diligence

• Recordkeeping Requirements

• Lock-in Letters

Handling Questions From Employees

• Tools

- W-4 Estimator

- IRS Publications

• What Questions Should and Should Not Be Answered