This training session covers the details of paycheck preparation, summary recordkeeping, deposit requirements, tax returns, and other forms necessary in the operations of payroll.
All businesses with payroll are subject state, federal, and local audits over a wide range of compliance topics. The penalties involved are progressive and rise according to level of severity. As they can go back eight years or more, the interest alone on delinquent liabilities can be devastating.
And we feel your pain. Who doesn't feel "buried" under the mountains of paperwork required to keep the IRS, state, and local regulatory agencies happy? Even though a lot of it is now e-file, the amount of information needed and time frames to get it there are as burdensome as ever.
Don't get caught off guard! Let us show you the what, when, where, and how of payroll paperwork!
This presentation will allow you to confidently schedule data runs and summary totals for the numbers you need to accurately and timely comply with requirements.
We will not only talk federal requirements, but what is required by all states, generalities concerning most states, and what to look out for from counties and other local governments, plus we'll cover:
- Payroll tax deposits – state and federal schedules and due dates
- Quarterly payroll tax returns
- Yearly summary reports to government agencies
- W2s, 1099s and other year end forms
- Special forms – Local tax forms, prevailing wage reports, government contract requirements, etc.
About Your Presenter
Mark Schwartz has over 15 years experience in state and federal payroll tax audits, collections, and payroll consulting.
As an auditor, Mark prided himself on his ability to educate his auditees on state and federal payroll tax requirements. Whatever issues he found in audits, he ensured the auditee knew how to comply in the future. He worked to minimize company disruptions in the audit process.
In addition to his real-life experiences, Mark has a Masters in Business Administration, and currently uses his entertaining and helpful personality to help organizations prepare for payroll tax audits - whether they've already got the notice or are still hoping they don't!
PHR / SPHR Credits!
This audio conference is approved for 1.5 hours of HRCI credit. The use of this seal is not an endorsement by HR Certification Institute of the quality of the program. It means that this program has met HR Certification Institute's criteria to be pre-approved for recertification credit.