IRS Form Update

Duration

60  Mins

Level

Basic & Intermediate & Advanced

Webinar ID

IQW20D0433

  • Quarterly Tax Reporting-Form 941
  • Form Reporting Requirements
  • Deadlines and Penalties
  • Important Points
  • Annual Employee Reporting-Form W-2
  • Box by Box overview
  • Common Mistakes
  • Form W-4
  • 2019 W-4 Requirements
  • 2020 Draft W-4 Review and Final

Overview of the webinar

Perfect for the professional that needs to know how to properly complete IRS required employee payroll forms.This webinar will give the tools to be successful in completing the 941, W-4 & W-2 correctly along with best practices on how to avoid IRS notices.Plus details on how to handle an IRS dispute.

Who should attend?

  • Payroll Professionals
  • Tax Professionals
  • Accountants
  • Controllers

Why should you attend?

  • Understanding the requirements around Form W-4 and how an employer can be at risk
  • IRS Form W-4 change requirements and how it affects you as an employer
  • Employer notification requirements and important deadlines for both Form W-4 Discussion on what make the Form W-4 invalid
  • Lock in letters from the IRS and how to handle
  • Handling the new form W-4 for non-resident aliens
  • Understanding the new W-4 and how it affects tax calculations
  • The participant will be able to understand line by line of the Form 941
  • Details around 2019 updates to the form 941 and review of common errors as reported by the IRS
  • Review of Schedule B and the importance of completing correctly
  • Review of who should sign the Form 941
  • Review of new W-2 reporting requirements

Faculty - Ms.Dayna J. Reum

Dayna is currently the Senior Director of Payroll & HRIS at Ann and Robert H. Lurie Children’s Hospital of Chicago.  Dayna has been heavily involved in the payroll field for over 20 years.  Starting as a payroll clerk at a small Tucson company.   Dayna moved on to be a Payroll Team Leader at Honeywell Inc.  During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association.  She also received several merit awards including Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference.  Topics include Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, and International and Canadian payroll.   Dayna has her CPP (Certified Payroll Professional) through the APA.  Dayna has also assisted in the CPP preparation classes for the Chicago APA Chapter.  She has served on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee).  Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA.  Besides her payroll accomplishments, Dayna is certified in HR hiring and firing practices and is a Six Sigma Greenbelt.

Credits

ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org

04-13-2020 - IRS Form Update 2020.pdf

100% MONEY BACK GUARANTEED

Refund / Cancellation policy
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