Description

This webinar will review record retention requirements along with legislation that is commonly done incorrectly that can cost your company money.  This webinar will give you tools and tips to stay compliant with existing and new legislation. In the past year, we had multiple legislation passed that changes how we report and process payroll. Join us to stay up to date on current legislation affecting payroll. 

Areas Covered:-  

Record Retention         

• Payroll Record-Keeping Requirements by agency         
• IRS-Internal Revenue Service         
• DOL-Department of Labor         
• Record retention policies & procedures & the cost of a poor policy         
• How to handle and be prepared for audits         
• Special Retention Concerns         
• Form I-9         
• Sarbanes-Oxley         
• Mergers & Acquisitions         
• Unclaimed Properties   

Legislative updates 

• Tax Reform updates        
• W-2 filing deadlines         
• Information Return         
• Annual Updates     

Common Errors to avoid         

• Worker Misclassification         
• Overpayment Corrections        
• Termination Errors         
• Proper state taxation         
• Taxing Fringe Benefits        
• Obtaining proper substantiation         
• COVID-19 Credits