Form W-4 for 2019: Best Practice and Compliance Requirements

This webinar covers the IRS Form W-4 for 2019 including the requirements for completing the form properly, handling non-resident aliens, state equivalent forms, record retention and processing the form electronically instead of on paper. We also cover the changes to the 2019 form caused by the Tax Cuts and Jobs Act and give information on the related anticipated changes to Form W-4 for 2020. We will also discuss best practices for processing more efficiently within the department.

Why Should You Attend:

Questions arise in processing the forms almost daily in a payroll department. Is it a valid form? If not, what should payroll do to correct the problem? Can the employee request a flat dollar amount on the form? Can the form designate a percentage of wages for taxes? These are the types of questions that must be answered to process the form completely and correctly. And it isn’t just the federal form that payroll must process; many states have their own version of the form or use the federal form for state tax withholding.

Attend this 90 minute presentation to better understand the function and requirements of the Form W-4 and its relationship to the payroll process. This information will also allow you to identify and correct problems and errors in completing and processing the Form W-4 which will enable your payroll department to operate more efficiently and effectively.

*We will also preview the completely revamped and still in draft Form W-4 for 2019!*

Areas Covered in the Webinar:

• Changes to the form for 2019
• The effective date of new and revised Form W-4 information
• Effective methods for handling incomplete or improperly completed forms
• When you must send Form W-4 to the IRS - it’s not what you think!
• Effective strategies for streamlining your processing procedures you can use right now
• How to withhold federal taxes in the absence of a valid Form W-4
• The difference between an invalid form and a “questionable” one
• The record retention requirements for Form W-4
• How to make employee verification part of your Form W-4 process
• Tips on setting up an electronic system for Form W-4
• Proper handling of IRS lock-in letters
• State equivalent forms versus Form W-4
• When an employee must submit a new form versus when they may submit a revised form
• How to deal with visas and Form W-4

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