Top ten Payroll Mistakes Companies Make that can Cost Money

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  • Webinar Duration60 min
  • Webinar Date12 Feb. 2025
  • Webinar IdAT3422
Start Time PST : 10:00 AM | EST : 01:00 PM
Level Basic & Intermediate

Description

This webinar will review areas within payroll that are usual audit points from both the Internal Revenue Service and the Departments of Labor from the federal and state levels.


Detailed discussion on how to stay compliant in each area and what penalties non-compliance can have. You may even discover areas of potential non-compliance that you have not thought of.


If you process payroll and want to ensure compliance this webinar will give you the tools to avoid penalties and interest from noncompliance issues.

Area Covered In The Webinar

Worker Misclassification Errors

Properly Calculating overtime

Overpayment Corrections in regard to FLSA and taxation

Timing of Payment Concerns

Termination Errors

Proper state taxation

Taxing Fringe Benefits

Obtaining proper substantiation for nontaxable fringe benefits

Proper Processing of received garnishments

SUI tax practices unethical and errors

Why should you attend?

Worker Misclassification Errors and how avoid them, along with review of updated DOL guidance

How to properly calculate overtime with constant legislative changes

Overpayment Corrections in regard to FLSA and taxation

How delaying payment for missed pay can cause an issue

How to properly termination employees and avoid errors

The best way to determine appropriate state withholding taxation

Taxing Fringe Benefits the simple IRC rule

Obtaining proper substantiation for nontaxable fringe benefits

Proper Processing of received garnishments

SUI tax practices unethical and avoiding errors


Who Will Benefit?

Payroll and Tax Professionals HR Professionals

Speaker