Description

In this webinar, we will discuss how to correct Form 941 when an error has been discovered after it has been filed. We will examine when to use the Form W-2c to correct the employee’s year-end information after the Form W-2 has been given to the employee as well as before and after the form has been filed with the Social Security Administration.  And we will review how to file an amended return for Form 940.

Areas covered:-

• Due dates for filing correction forms
• Correcting the Form 941 using the Form 941-X
• Correcting the Form 944 using the Form 944-X
• Filing amended returns for Form 940
• When to issue a Form W-2c and how to complete it
• When to use the Form W-3c and how to complete it
• How to file Form W-2c electronically instead of on paper

Background:-

Mistakes can occur in even the most efficient and knowledgeable payroll departments. And when this does happen corrections need to be made as soon as the error is discovered.  But how are these corrections to mistakes handled? In past webinars, we discussed what must be done when mistakes are made on the employee’s paycheck such as over or underpayments. But what about the quarterly and year-end reports payroll is responsible for?  If a mistake has been made on the employee’s wages doesn’t the correction to it needs to be reflected in the quarterly or year-end forms?  Indeed it does!

Who Should Attend:-

• Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
• Human Resources Executives/Managers/Administrators
• Accounting Personnel
• Business Owners/Executive Officers/Operations and Departmental Managers
• Lawmakers
• Attorneys/Legal Professionals
• Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues