This training program will discuss various aspects of the IRS Form W-2 for 2019. The webinar will cover requirements for completing and filing the form including a box by box explanation. Best practices for completing and reconciling the form, and handling duplicate requests from employees will also be covered. The webinar training will further look at when to use the correction Form W-2c and the latest requirements for the Affordable Health Care Act as it relates to reporting requirements on the form.
So what is new for this year and what changes are in place for upcoming years?
Do I reissue writing corrected statement on the top of the form or do I need to complete a Form W-2c?
The evitable request for duplicate copies of the form: what is the best practice for handling these requests?
Must the form be a paper version of the form or can it be electronic and can I charge a fee for such a request?
In order to understand how to process Form W-2 correctly, it is also important to understand what the IRS expects to be submitted within each of the boxes on the form. This webinar will review those requirements box by box, paying special attention to known hot spots to watch out for, such as payments made by sources other than payroll including accounts payable.
This course will highlight best practices, developed over the years to collect this data in the most efficient manner possible, which each payroll department must implement. Despite careful planning, things can go wrong and when an incorrect Form W-2 is issued, the decision on how to correct the form poses various other questions too. This course will present strategies for the same.
Why Should You Attend:
Each year the Form W-2 is reissued by the IRS and 2019 is no exception.So what is new for this year and what changes are in place for upcoming years?
Do I reissue writing corrected statement on the top of the form or do I need to complete a Form W-2c?
The evitable request for duplicate copies of the form: what is the best practice for handling these requests?
Must the form be a paper version of the form or can it be electronic and can I charge a fee for such a request?
In order to understand how to process Form W-2 correctly, it is also important to understand what the IRS expects to be submitted within each of the boxes on the form. This webinar will review those requirements box by box, paying special attention to known hot spots to watch out for, such as payments made by sources other than payroll including accounts payable.
This course will highlight best practices, developed over the years to collect this data in the most efficient manner possible, which each payroll department must implement. Despite careful planning, things can go wrong and when an incorrect Form W-2 is issued, the decision on how to correct the form poses various other questions too. This course will present strategies for the same.
Areas Covered in the Webinar:
Understanding the 2019 requirements for the Form W-2 including:- Changes to the Form W-2 for 2019 including the latest on the new verification code in box 9
- Line by line completion of the Form W-2
- Reconciliation of Form W-2 to Form 941-best practices on when and why it must be done
- Electronic delivery of W-2s to employees - what is required to set up the program
- When to use the Form W-2c and when to correct the W-2 itself
- Penalties for incorrect information have double and how that makes it imperative to verify employee names and social security number with the SSA data base
Who Will Benefit:
- Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
- Human Resources Executives/Managers/Administrators
- Accounting Personnel
- Business Owners/Executive Officers/Operations and Departmental Managers
- Lawmakers
- Attorneys/Legal Professionals
- Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues
Course Provider
Vicki M. Lambert,
