Description
Learn about updated legislation to W2 preparations.
The IRS provides updated tax rates and changes how taxable income is calculated for fringe benefits each year. This year is no different, with employers struggling with staffing needs and skilled payroll professionals making sure those in key payroll roles complete an accurate yearend for employees and require governmental reporting is increasingly important. This presentation will assist all levels of payroll professionals in learning about updated legislation for W2 preparations. Participants will gain a further understanding of all the boxes on Form W2 and what should be reported in each. This course will provide a brief overview of yearend and W2 best practices that can help make yearend less of a challenge.
Date: 2022-12-22 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to explain updating legislation to consider for W2 reporting.
* You will be able to identify how to have an accurate and complete W2941 reconciliation.
* You will be able to recognize W2 employer requirements.
* You will be able to review W2 box by box.