Description
This is a basic skills and knowledge webinar that provides overview of common problems encountered in payroll and methods for prevention, mitigation and resolution. The discussion will include when use of specific forms may be required, such as Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund and Form W-2C, Corrected Wage and Tax Statement. Special procedures related to fringe benefit withholding, deceased employee wages and misclassified employees will be covered.
Why Attend
Special circumstances and infrequent transactions can require special procedures outside the regular flow of payroll processing. Understanding when a special process is required can facilitate processing and prevent errors. Knowing how to process or correct irregular situations that affect payroll is vital knowledge for any payroll practitioner. This webinar will help you:
- Identify various payroll errors and know how to correct them.
- Know how to respond to paycheck problems that may arise after the check has been issued
- Recognize when special reporting procedures may be required such as back pay, special wage payments and deceased employee wages.
- Understand the rules for reporting and withholding for non-cash and salary reduction fringe benefits
- Recognize potential fraud issues
- Understand the importance of Form W-4 and the related compliance issues.
Areas Covered
- Prevention and correction of withholding errors
- Correction of wage over payments and under payments
- Overtime compensation corrections and adjustments
- Employee misclassification – employee/contractor and exempt/non-exempt
- Paycheck issues: Unclaimed wages, Lost / stolen pay checks / Holder in due course
- Back pay awards and special wage payments
- Paying and reporting deceased employee wages
- Accrued fringe benefits and salary reduction arrangements
- The “Special Rule” for fringe benefits
- Fraud issues including ghost employees
- Policy and Internal controls
- W-4 issues: Invalid, name/number mismatch
- Target Audience
Certification:
Pedu is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please portal.shrm.org.
This Program has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).
Who will benefit
- Payroll Professionals
- Public Accountants and Enrolled Agents
- Tax Compliance Officers
- Officers and Managers with Payroll or Tax Compliance Oversight
- Company / Business Owners
- Managers/ Supervisors
- Public Agency Managers
- Audit and Compliance Personnel
Speaker
Patrick A Haggerty, EA
Patrick Haggerty is a tax practitioner, author, and educator. His work experience includes non-profit organization management, banking, manufacturing accounting, and tax practice. He began teaching accounting at the college level in 1988.
He is licensed as an Enrolled Agent by the U. S. Treasury to represent taxpayers at all administrative levels of the IRS and is a Certified Management Accountant. He has written numerous articles and a monthly question and answer column for payroll publications. In addition, he regularly develops and presents webinars and presentations on a variety of topics including Payroll tax issues, FLSA compliance, and information return reporting.
Certifications
Pedu is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please portal.shrm.org.
This Program has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).
Pedu Courses and Webinar or any Education published “Articles & Materials” strictly follows the standards and guidelines of the Professional Credit / CEU Providers and Well Researched before publishment.
Pedu doesn’t support any Fake – News, Articles, or Compliance updates; Our Industry Experts are highly verified and recognized, and their Pre-publishment is verified via our experts and fact-checkers.
FAQ's
How do I get enrolled for this webinar/course?
Sign up now on pedu.io. Visit pedu.io to discover a wide range of webinars from industry specialists. Tick on either ‘live webinar’ or ‘on-demand’, and simply click on ‘buy now’ to get enrolled.
Can I get somebody else enrolled for this course? If yes, how?
You can refer Pedu to anyone in your social circle. Explore your industry with your colleagues by getting them signed up on pedu.io today!
How can I access the live webinar?
Go for the topic of your keen interest on pedu.io. Tick on ‘live webinar’ and get enrolled! Easy registration, transparent transaction.
Can I attend the webinar without an internet connection?
You can request for an on-demand webinar that records the live webinar for you. After the webinar ends, you will have full access to the webinar’s recording.
What is an “On Demand”?
If you can’t attend the live webinar, simply go for the ‘on-demand webinar’ for the same price! Now, the live webinar recording will be saved in a cloud storage for you to access anytime from anywhere.
Will the transcript be a hard-copy or a soft-copy?
Pedu offer only soft copies of the webinars. It contains all the highlights as well as comprehensive descriptions of the webinar, so you never miss out a single detail.
Can I ask question(s) to the speaker?
At the end of each webinar, you have the opportunity to interact with your industry experts, where you will get answers to all your queries.
I missed the live webinar. What now?
Don’t worry, If you can’t join live webinar. Pedu has automatically send you On Demand on your registered mail id after conducting live webinar. So, you never miss out a single detail.
Isn’t it helpful?
Ask your question directly from our Customer Support Team.
