Instructor Profile

Payroll is one thing that all businesses have in common. Along with processing payroll come many different payroll records required to process the payroll. Each type of record has different requirements for how long you must retain those records. This topic will give you guidance on how long each type of record must be retained according to IRS and State guidelines.

Payroll departments receive and submit hundreds of thousands of bits of data every year. Employee master file data such as name and social security number, forms such as Form W-4, report to the IRS such as Form 941, state unemployment insurance quarterly returns, employee termination dates, and even child support withholding orders.

A critical question that every payroll professional must ask and more importantly answer is “What am I required to keep, in what format, and for how long”? 

That is what this course will discuss.
It will give you guidance on how long each type of record must be retained according to IRS and State guidelines.

Payroll Taxes are one thing that all businesses have in common.  Dealing with Payroll Tax Headaches can be overwhelming and frustrating for any business. Failure to properly file and report payroll taxes can result in huge fines and penalties for a business and may result in legal action. 

This Tax webinar on payroll will give you guidance on precautions to take to keep from getting into a Payroll Tax Liability. It will provide tips on how to respond to notices and make claims for appeals to resolve tax liabilities. It will also cover details of IRC Section 6672 and the Trust Fund Recovery Penalty. 

The material covered in this online webinar will give you the tools necessary to help your business remain in compliance and avoid Payroll Tax Headaches.

Compliance is a disciplinary task. However, sometimes businesses can do business in many states but fail to understand compliance about it. Many companies doing business in more than one state often remain confused about:

• How to determine which State they must pay taxes to?
• Which are the different states that have different laws regarding residents and non-residents?

This webinar will help companies doing business in multiple states to comply with state laws and regulations. The webinar covers state taxes, differences between residents and non-residents, local taxes, state minimum wages, and state unemployment payments. It provides guidelines on how to properly withhold taxes for employees and avoid penalties. The webinar also includes helpful websites and examples to ensure businesses are aware of their tax obligations and know where and when to pay them. The goal is to equip businesses with the necessary tools to remain in compliance with state regulations.

No employer wants to face huge fines and penalties for failing to comply with State laws and regulations. The material covered in this webinar will give you the tools necessary to make sure your business remains in compliance.

No one wants to have to amend tax forms but no matter how many precautions you take to avoid it, there will always be a time that you will need to do an amendment. The material in this webinar will teach you how to collect the information needed to complete W-2 corrections as well as file the amended 941 forms and any additional state and local tax filings.

Paying employees is one of the biggest expenses for a company. Any company that has employees is required to withhold and pay payroll taxes. In addition to what you withhold from an employee, there are tax forms that must be filed and given to the employee. The size of your business, where you are located, and where your employees live and work; all of these things factor into what you must withhold from employees’ wages and what you must pay as an employer. Understanding these things and knowing how much to withhold, how often to pay, what forms to file, and what information to include is sometimes overwhelming.

No matter how much we double-check figures and try to make sure everything is correct on these forms before they are sent out there is always a time when an error is made or something was left out. Debbie will discuss in detail how to amend the W-2 form and 941 forms. Details of how to make these amendments, and how quickly you must get them to the employee and the government agencies that are affected will be covered.

During the webinar, Debbie will discuss specific types of errors found on form W-2 and provide guidance on how to make the necessary corrections. She’ll provide information on amending both current year and prior year corrections. Failure to properly amend corrected forms and payroll tax filings may result in additional tax, penalties, and interest. She will also help payroll departments avoid penalties and time-consuming responses to follow-up questions from the IRS and other taxing jurisdictions.

Government agencies, including the Department of Labor and IRS, are increasing their enforcement and audits. Administrative professionals are often the ones who are tasked with completing payroll, keeping records, ensuring compliance, and responding to government investigations.

This webinar is intended to assist administrative professionals to help ensure compliance with payroll laws and be prepared in the event of a government review. Paying employees is one of the most important parts of doing business. Employees work to be paid so making sure they are paid timely and correctly is crucial to your business.  

• You may often have questions such as:
  • How do I calculate their pay?
  • How do I know how much to withhold?
  • How often do I pay?
  • Which taxes do I withhold?

Taxes are complex and making sure you are in compliance, is very important. This is money that you are withholding from an employee’s wages and there are serious consequences for not paying these taxes. Fines and penalties can be assessed for companies who fail to pay taxes properly to the extent that their business can be shut down.

Payroll Taxes for Non-Resident Aliens are different than taxes for US Citizens.  

Many countries have tax treaties with the United States which allows Non-Resident aliens an exemption from either all or part of Federal tax withholdings. Different types of VISA Holders get certain exemptions from Federal Tax and FICA/Medicare tax. This webinar will cover VISA types of F-1 & J-1.

An F-1 VISA is specifically for Full-time Students who come to the US to study at an accredited college or university. These students can also apply for Optional Practical Training (OPT) in their major field of study which allows them to remain in the US for an extended period of time after they have completed their studies. A J-1 VISA is similar to an F-1 VISA but is for Teachers and Researchers in a specific field of study for a specific amount of time.

The F-1 & J-1 VISA holders are both exempt from FICA/Medicare tax if they become employed for personal services while in the US. They may also be exempt from Federal Tax withholding if their country has a Tax Treaty with the US. Some treaties exempt all wages from tax and others have specific dollar limits that can be earned before they are subject to taxes.

This webinar will go over what Employers need to know on how to treat these employees for payroll tax purposes. What forms do they need to complete to receive a tax treaty exemption and the specific forms that must be filed at Year-End? Also, what to do if there is not a tax treaty in their country?