Payroll: Preparing for Year-End
|OnDemand Webinar||$209||Add to Cart|
Ensure that you are in compliance and nothing is missed by having your year-end payroll checklist in place.
Payroll departments should begin to prepare for year-end well before December 31. The general year-end payroll check list is important to assure that no part of year-end compliance is missed. Be sure your year-end imputed income amounts are correct and withholding is in compliance. This topic will assist you in reviewing your year-end process to achieve a smooth W-2 compliance season. At the end of the content, you will understand how to complete and submit W-2 forms for your employees, what reporting is required for nonresident alien employees, the state requirements for year-end payroll departments and a look at the changes in the new year.
AuthorsMark Schwartz, MS Payroll
Major Updates for 2020 From the IRS and Other Agencies
Major Points of DOL's New Overtime Regulations
New FICA Wage Limits
Minimum Wage Updates
State Unemployment Insurance Rates
Minimum Salary Requirements to Be Exempt From Overtime
Specific Steps on How to Efficiently Reconcile Pay Periods to Quarterly Returns, and Quarterly Returns to Year End Forms and Information Returns.
What to Keep an Eye out for in 2020