DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "7 Never to Miss Webinars on HR Practices, Payroll & Taxation" webinar to their offering.
Learn about most important HR themes and how to deal with them. The training pack covers top aspect for an HR professional to comprehend different facets on Payroll and Taxation like Form W-2, Form 941, IRC- Sec 41 and more.
- The Essentials of Third Party Sick Pay: What Payroll Must Know to Tax and Report Correctly
- Changing Payroll Frequencies: How It Can Be Done
- Form W-2 for 2014: All You Need to Know
- Form 941 for 2014: All You Need to Know
- The 10 Most Common Misconceptions about Payroll and How to Avoid Them
- Multistate Taxation: What Payroll Must Know Now
- Fringe Benefits: Section 132 and Beyond
Who will benefit?
These webinar will be beneficial to the following:
- Payroll professionals
- Human Resources
- Accounting Personnel
- Business Owners
- Any individual or entity that must deal with the complexities and requirements of processing fringe benefits in a payroll department
Webinars included in the Package:
1. The Essentials of Third Party Sick Pay: What Payroll Must Know to Tax and Report Correctly (Duration: 90 Minutes)
This webinar discusses the proper taxation and reporting of the fringe benefit known as third party sick pay. It discusses what is and is not third party sick pay, how the taxation is affected by the status of the provider (is or is not the employer's agent), when this type of payment is taxable and/or reportable and who is responsible for this taxation and reporting.
2. Changing Payroll Frequencies: How It Can Be Done (Duration: 90 Minutes)
In addition to compliance issues there are issues that deal with timing, systems, and employee earnings and fringe benefit accruals. For example, deciding when to implement the pay frequency change can impact a myriad of other issues including the impact on issuing Forms W-2 if done prior to January 1; the effect on salary employees if done mid-year; and calculating fringe benefits if they are based on a time frame such as a per payroll period. Has the impact on the tax deposit timing been considered as well as the cost in terms of the payroll system? These and numerous other considerations should be discusses when considering or implementing a payroll frequency change.
3. Form W-2 for 2014: All You Need to Know (Duration: 90 Minutes)
The Form W-2 is one of the most important documents that payroll departments must process. Gathering the data for this document begins when the first payroll is run for 2014 and ends when it is reconciled after the last processing of the year. But there is more to ensuring that this document is correct and corresponds to all IRS and Social Security Administration (SSA) regulations than just crossing your fingers and hoping all the wages process through payroll got into the right box.
4. Form 941 for 2014: All You Need to Know (Duration: 90 Minutes)
The Form 941 is the link between your payroll records and the IRS tax records. It is one of the most important compliance areas that the payroll department must navigate and it must be done correctly down to the penny. Proper administration of this vital form is critical if you want to avoid IRS Notices and the penalties and interest that accompany them. The Schedule B is also a crucial form for many employers. The IRS demands that the Form 941 and the Schedule B match to the penny every single time without fail! And in recent years, with all the changes to the form that has become more difficult. And the form has been changed again in 2014.
5. The 10 Most Common Misconceptions about Payroll and How to Avoid Them (Duration: 90 Minutes)
Even in the 21st century there are many misconceptions about what is actually required to pay employees correctly under federal and state wage and hour laws. There are some who absolutely know that it is illegal to force exempt employees to record their time (it is not) or that if you pay an employee for a holiday it must be included in the calculation for overtime under the law (it does not). Others are convinced that if they have a firm policy in place that states emphatically that overtime must be approved in advance or it will not be paid is perfectly legal not to pay the overtime (it is not).
6. Multistate Taxation: What Payroll Must Know Now (Duration: 90 Minutes)
This 90 minute webinar focuses the best practices and requirements needed to properly deduct and/or pay the state income tax, local taxes, and state unemployment insurance for an employee who lives and works in two separate states or who works in two or more states. Withholding taxes correctly can be an arduous task when an employee works and lives within one state. This task becomes more complex when the employee lives in one state and works in another. But if the employee works in two or more states this process can be overwhelming.
7. Fringe Benefits: Section 132 and Beyond (Duration: 90 Minutes)
Fringe Benefits are important component for recruiting and keeping high quality employees. But offering those benefits may also bring complex situations regarding taxation and compliance. Employers that don't know...or think they know but are mistaken...how to properly tax and report fringe benefits often bring serious financial consequences upon themselves and their companies. And it isn't just the most complex benefits, such as stock options or third party sick pay that can cause the greatest concern to payroll departments and lead to taxation problems. But sometimes the simplest of benefits are the hardest to process properly.
For more information visit http://www.researchandmarkets.com/research/4xgr3v/7_never_to_miss