This webinar training will explain the payroll rules and regulations in today’s world, its complexities and how to understand and detect the compliance and risk requirements to look for. The Instructor will discuss the five biggest payroll pitfalls and how to avoid them.
The problem is while trying to keep your eyes on the payroll horizon you may fall right into a compliance pit. But that doesn’t have to happen. By understanding and knowing what to look for you can avoid the 5 biggest payroll pitfalls and keep on the smooth path.
Some of the compliance regulations payroll must adhere to were written in the 1930’s while others are as new as yesterday’s Congressional vote. Some are in a constant state of flux while others are as constant as the sun and never change. Either way the payroll rules and regulations in today’s world are complex and it is critical that payroll not stumble when complying with all of them.
Why Should You Attend:
Payroll rules and regulations in today’s world are complex and constantly changing. It isn’t always the big ticket items that lead to compliance problems and audits. It could be simple misunderstandings that can cause massive penalties.The problem is while trying to keep your eyes on the payroll horizon you may fall right into a compliance pit. But that doesn’t have to happen. By understanding and knowing what to look for you can avoid the 5 biggest payroll pitfalls and keep on the smooth path.
Some of the compliance regulations payroll must adhere to were written in the 1930’s while others are as new as yesterday’s Congressional vote. Some are in a constant state of flux while others are as constant as the sun and never change. Either way the payroll rules and regulations in today’s world are complex and it is critical that payroll not stumble when complying with all of them.
Areas Covered in the Webinar:
- What is considered travel pay under federal and state law
- How to calculate the regular rate of pay correctly using the correct FLSA method at the correct time
- What is the overtime premium as compared to what is known as overtime and how the two differ when it comes to calculations
- How to track, report and remit abandoned wages properly to the correct state at the correct time
- What IRS terms as accountable and non-accountable plan
- Taxation requirements for payments made from A/P such as prizes awards, gifts, gift cards and cell phones
- When and how to tax auto allowances paid to employees for the business use of their personal vehicle
Who Will Benefit:
- Payroll Professionals
- Human Resources
- Accounting Personnel
- Business Owners
- Lawmakers
- Attorneys
- Tax Professionals
- Employee Benefit Professionals
Course Provider
Vicki M. Lambert,
