W-2 and W-4 2020 Update and Best Practices


Miles Hutchinson is a  keynote speaker of ComplianceKey. He is a CGMA and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real estate development company. Miles is a professional speaker and consultant who has presented over 2,700 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. He is recognized as an expert in payroll and sales & uses tax as well as financial modeling & analysis........

Overview

Learn the latest updates on Form W-4 (major change planned for 2019) and Form W-2 wage and withholding reporting. This webinar will prepare your staff for this filing year, improve your employee reporting set-up and maintenance practices, and reduce your risk of complaints from the IRS. Experienced CGMA and businessman Miles Hutchinson will review the current law And regulations regarding the filing of Forms W-2 and preparation of new Forms W-4 for 2020 and will provide practical guidance in these areas that have become the subject of increasing IRS scrutiny.

Why should you attend this webinar?

The IRS is changing the rules in regulatory reporting once again. The W-4 form 2020 is being revised to match the Tax Credits and Jobs Act. The exemption allowance approach to computing withholdings is disappearing. We will examine the new Form W-4 for 2020 and answer your questions about the impact and how to implement the new form. In addition, we will review the current Form W-2 and related issues to prepare you for a smooth reporting season.

Areas Covered in the Session:

  • Review legal and regulatory changes for the reporting year
  • Summary of the impacts of the Tax Credits and Jobs Act
  • Benefits/credits about to expire
  • Retirement funding-new thresholds
  • Updated forms, including the new 2020 form W-4 (no longer based on the exemption allowances)
  • Reporting the cost of employer-sponsored health coverage - which employers are affected, when employers must begin reporting, what to the report, valuation methods, etc.
  • How to handle expense reimbursements made to employees - reportable/taxable?
  • How to efficiently execute an electronic W-4 program
  • Verifying employee social security numbers online
  • Electronic filing with the SSA using Business Services Online (BSO) - the requirements and benefits
  • Where to turn when you want to transmit employee copies of W-2's electronically
  • What your company can do to minimize resource consumption when complying with this regulatory reporting requirement
  • What if we make a mistake? Corrections and penalties

Who can Benefit:

This webinar will be invaluable for Accountants, CFOs, Payroll personnel, Human Resources, Accounts Payable personnel, Tax Managers and Attorneys.



Webinar Id: LSHCMH0018

Training Options:

Duration: 90 mins

 Stop, pause, and rewind: learn at your own place.

Ratings:
No reviews yet!!
 Recorded: [Six month unlimited access]

 $241 (Single Attendee)  $699 (Unlimited Attendee)

Refund Policy
Upcoming Webinar of Miles Hutchinson
The 1099 & W-9 Annual Update C....
Presenter: Miles Hutchinson
When: 12/12/2019 | 12:30 PM PT |03:30 PM ET
Price: $189

More Webinar

Past Webinar of Miles Hutchinson
W-2 and W-4 2020 Update and Be....
Presenter: Miles Hutchinson
View it anytime
Price: $241
W-9s and 1099s
Presenter: Miles Hutchinson
View it anytime
Price: $241

More Webinar

Upcoming Webinar: CPG and Retail
New Jersey joins other states ....
Presenter: Margie Faulk
When: 12/16/2019 | 12:30 PM PT |03:30 PM ET
Price: $189
Writing Effective Audit Observ....
Presenter: Jonnie T. Keith
When: 01/30/2020 | 10:00 AM PT |01:00 PM ET
Price: $189

More Webinar

Past Webinar: CPG and Retail
HIPAA Changes 2020 - What's ne....
Presenter: Brian L Tuttle
View it anytime
Price: $301
W-2 and W-4 2020 Update and Be....
Presenter: Miles Hutchinson
View it anytime
Price: $241

More Webinar

Insert title here
Pay Pal Logo   PayPal Verified Logo   GoDaddy Certified
Copyright © 2019 Compliance Key . All Rights Reserved. Back to Top