As tax forms go, W-2s are small in dimension. But they can carry an oversized risk and complexity—if you’re not prepared.
This timely new webinar will prepare you for the upcoming filing year, provide best practices for completing—and reconciling—the form, and explain important new changes in your 2021 W-2 process. (For example, if you provided employees with pandemic-related sick or family leave, the IRS just released new W-2 reporting rules that may require you to make up to 6 entries in Box 14.)
Also, the IRS and Social Security Administration are no longer playing Mr. Nice Guy on W-2s! Make even one critical error in your W-2s and you'll be bumped down into non-filer status and become perfect penalty bait for the IRS. And penalties aren’t pocket change anymore.
Even worse, your e-filing status may be changing. The IRS plans to lower the e-filing threshold for W-2s next year, from 250 or more forms to only 100 or more. This short timeline and a new “aggregation rule” may require immediate action by your payroll department.
On November 17, learn how to avoid IRS penalties and file your W-2s with total confidence.