W-2 and W-4 Update and Best Practices
Instructor:
Miles Hutchinson
Product ID: 704333
- Duration: 90 Min
Why Should You Attend:
The IRS is changing the rules in regulatory reporting once again. We will review the current Forms W-4 and W-2 and related issues to prepare you for a smooth reporting season.
Experienced businessman Miles Hutchinson will review the current law and regulations regarding the filing of Forms W-2 and will provide practical guidance in these areas that have become the subject of increasing IRS scrutiny.
Areas Covered in the Webinar:
- Review legal and regulatory changes for the reporting year
- Benefits/credits about to expire
- Retirement funding – new thresholds
- Updated forms, including the new form W-4 (no longer based on exemption allowances)
- Updated form W-2
- Reporting the cost of employer sponsored health coverage – which employers are affected, when employers must begin reporting, what to report, valuation methods, etc.
- How to handle expense reimbursements made to employees - reportable/taxable?
- How to efficiently execute an electronic W-4 program
- Verifying employee social security numbers online
- Electronic filing with the SSA using Business Services Online (BSO) – the requirements and benefits
- Where to turn when you want to transmit employee copies of W-2’s electronically
- What your company can do to minimize resource consumption when complying with this regulatory reporting requirement
- What if we make a mistake? Corrections and penalties
Who Will Benefit:
- Information Reporting Officers
- Tax Managers
- Accountants
- Financial Advisors
- Banking Audience
- Finance Audience
- Supervisors/ Regulatory Bodies
- Bank Managers
- Banking Operations
- Compliance Officers
- Compliance Managers
- CFOs
- Controllers
- Payroll Managers
- HR Managers
- Accounting Managers
- Auditors
- IT Managers
- Attorneys
Miles Hutchinson is a CGMA and experienced businessman with over 35 years in the field. He has been an auditor with PriceWaterhouseCoopers and the chief financial officer of a one billion dollar real estate development company. Mr. Hutchinson is a professional speaker and consultant who has presented over 2,000 seminars and training sessions on myriad business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act.
He is recognized as an expert in payroll and sales and use tax as well as financial modeling and analysis, business strategy and communications. He is the author of several useful accounting and tax tools. His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, the US Marine Corps, and the US Army.
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Refund Policy
Our refund policy is governed by individual products and services refund policy mentioned against each of offerings. However in absence of specific refund policy of an offering below refund policy will be effective.
Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time. On-Demand Recording purchases will not be refunded as it is available for immediate streaming. However if you are not able to view the webinar or you have any concern about the content of the webinar please contact us at below email or by call mentioning your feedback for resolution of the matter. We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).
