This course is designed to provide you with practical pointers for
managing the payroll tax and reporting function. Learn how to avoid the
frequent penalties in payroll tax reporting and stay up-to-date with the
latest information. It also shows how to handle reporting and
withholding requirements for employee fringe benefits. Master the often
confusing rules for Form 1099-MISC and other information reports
including when and how much to report. Make sure you or your clients are
in compliance and not subject to IRS penalties! Topics Discussed
Update on new changes made to payroll tax legislation for the current
year including changes in health care laws Review of various websites,
forms, publications and other payroll and benefit tax resources
Properly reporting payroll withholding for various types of compensation
Understanding the 20 Factor Test for employee classification Section
530 relief for employers with worker classification issues Reporting
requirements on a quarterly and annual basis Check before you file –
reviewing the on-line systems the Social Security Administration, IRS
and Department of Homeland Security Offer to verify accuracy of
information before it is filed Understanding New Hire Reporting and
latest changes in I-9 Reporting to verify employee identity and work
eligibility Forms W-2 and W-3 issues How to properly classify
employee benefit tax liabilities