November
14
- Tuesday, Nov. 14
- 1:00 ET
- 10:00 PT
Payroll Compliance:
Preparing for Year-End and 2024
An ounce of early year-end payroll preparation is worth a fortune in tax penalties saved later.
In this 75-minute interactive online training, you will learn:
What’s new with year-end reporting for 2023.
Complete compliance depends on knowing all the new reporting rules.
How to avoid skyrocketing tax penalties.
Penalties for mistakes on W-2s, 1099s and 1095s go only one way — up.
How to prepare for 2024.
Understand the important IRS changes coming in 2024 — and how your payroll department needs to prepare.
Practical, easy-to-understand solutions to your complex year-end payroll issues
You can’t afford to make payroll mistakes, and that’s especially true when it comes to year-end planning and reporting. This end-of-year season will be more difficult, as the IRS has dropped the mandatory e-filing threshold for information returns to an aggregate of 10 returns, from 250. The new aggregation rule requires you to add up all your information returns from all departments to see if the 10-form threshold is met. This means all departments with tax-filing obligations must be on the same page because the penalties for failing to e-file are also going up.
Another challenge is that the data needed for state W-2 reporting may be more difficult to gather this year from far-flung employees. States are again cracking down on employers that haven’t withheld.
On November 14, learn about all the new changes and the steps necessary to get year-end planning right. Along with critical compliance advice, receive a copy of our Payroll Checklist, a step-by-step guide to each pay period, month and calendar quarter.
This webinar is incredibly timely because penalties for mistakes on year-end forms have more than doubled. Simple, avoidable errors can lead to thousands in tax penalties and unwanted attention on you and your department.
Agenda for Payroll Compliance: Preparing for Year-End and 2024
- What's changed with W-2s and how you should respond
- The IRS’ new e-filing rules for original and corrected returns
- Meet IRIS — the IRS’ new 1099 e-filing answer to W-2 Online
- 8 steps for completing 1099s this year that will keep the IRS off your back
- 6 crucial moves to activate the safe harbor for de minimis math errors
- Mandatory reporting of employees' health benefits — get it right or get a penalty notice from the IRS
- How to work with other departments to ensure a smooth year-end process for all the information return e-filers in your company
- 10 smart ways to safeguard employees' personal information on year-end forms
- Prepare for important IRS changes coming in 2024 and 2025
- 1 simple trick that will get remote employees to respond to questions about where they’re living and working
Interactive Q&A time included
Bring your hard-hitting payroll questions for Alice and get your specific end-of-year advice from a true payroll expert!
Alice Gilman, Esq., is an expert in payroll and tax compliance who has covered payroll issues for more than 35 years. She's written and edited several leading payroll publications, including Payroll Legal Alert, the Research Institute of America's Payroll Guide, the American Payroll Association's Basic Guide to Payroll and the Payroll Manager's Letter.
Alice Gilman esquire and author
Professional Certification Credit Hours Included With This Webinar
Business Management Daily is recognized by SHRM to offer Professional Development Credits (PDC) for SHRM-CP® or SHRM-SCP® recertification activities.
The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Register now and receive these free bonuses!
Payroll Checklist
Every registrant will receive a copy of Payroll Checklist, a 19-page step-by-step compliance guide detailing every deadline and action item required for every pay period, month and calendar quarter of the year. Use the checklist as a guide to total payroll compliance for the rest of the year.
A full month of access to PayrollLegalAlert.com
You'll also receive one month of exclusive access to Payroll Legal Alert – our comprehensive online resource with timely advice, helpful articles, forms, tables and charts that will help you improve every aspect of your payroll operation. So that you continue to benefit from Payroll Legal Alert, we will continue your subscription after that for the then current rate, unless you tell us "no, thanks" – your choice.
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If Payroll Compliance: Preparing for Year-End and 2024 fails to meet your needs in any way, we will refund 100% of your tuition – every penny you paid – but your course materials and registration bonuses will be yours to keep. No hassles, no questions asked.