Form W4: Impact on Payroll

$209.00

SKU: 407624

Description

Clear up questions on the effects that Form W4 has on payroll.
This topic is designed for any payroll or human resources professional who is responsible for collecting and processing the Form W4 Withholding Certificate. This material will provide you with valuable information to ensure you understand the changes to the new form and how those changes relate to payroll. In addition, you will gain new or refreshed knowledge regarding handling employee questions, recordkeeping and processing new forms.

Date: 2020-08-31 Start Time: 1:00 PM ET End Time: 2:30 PM ET

Learning Objectives

* You will be able to discuss the why behind Form W4 from an employers perspective.

* You will be able to review the design of the new Form W4 and how it translates to our payroll system.

* You will be able to recognize the requirements and responsibility of processing and maintaining Form W4.

* You will be able to identify the tools that will help your employees navigate through Form W4.

Form W-4
• Purpose
• Employer Responsibility
• Employee Responsibility
• Understanding the New Form W-4
• What’s New for Employees
• Payroll System Setup
• Checklist for Different Employee Types
• U.S. Citizens
• Nonresident Aliens
• Employees Claiming Exemption

Recordkeeping and Management
• Submission Requirements and Options
• Employer Due Diligence
• Recordkeeping Requirements
• Lock-in Letters

Handling Questions From Employees
• Tools
• W-4 Estimator
• IRS Publications
• What Questions Should and Should Not Be Answered

CPP/FPC ,CPE ,HR Certification Institute ,SHRM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Veronica B. King, CPP, PB, Notary Public-Pay-Pro Business and Consumer Resources