This webinar covers the IRS Form 941 and its accompanying Form Schedule B for 3rd Quarter of 2021. It discusses what is new for the latest version form in 2021 including all changes recently made by the Consolidated Appropriations Act of 2021 as well as the requirements for completing each form line by line. It includes the filing requirements and tip son reconciling and balancing the two forms. The webinar also covers the forms used to amend or correct the returns.
Line by line review of the 2021 Form 941 3rd quarter
Tips for completing the Schedule B—liability dates vs. deposit dates
Tips to balance Form 941 and Schedule B to the penny—as required by the IRS
Form due dates
Who should sign the Form 941
Reporting third party sick pay, group term life insurance and tips correctly
How to reconcile the Forms 941 with the Forms W-2
What to do if you discover an error in deposits for the quarter when completing the Form 941
Using the 941X form to correct the Form 941
Why You Should Attend:
For the attendee to understand the requirements for completing the 2021 Form 941 correctly line byline.
To ensure that the attendee has the basic knowledge to complete the Form Schedule B according to the IRS regulations and to ensure that it reconciles down to the penny with the Form 941 prior to submission.
To ensure the attendee knows when a Form 941-X is required and provide the attendee with the basic knowledge of how to complete Form 941-X.
To demonstrate to the attendee the reconciliations needed under IRS and Social Security Administration regulations.
Who Should Attend?
Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
Human Resources Executives/Managers/Administrators
Business Owners/Executive Officers/Operations and Departmental Managers
Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues
*You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it at your convenience.
Vicki M. Lambert, CPP,
is President and Academic Director of The Payroll Advisor™, a firm
specializing in payroll education and training. The company offers a
payroll news service which keeps payroll professionals up-to-date on the
latest rules and regulations. With
over 35 years of hands-on experience in all facets of payroll functions
as well as over 20 years as a trainer and author, Ms. Lambert has
become the most sought-after and respected voice in the practice and
management of payroll issues. She has conducted open market training
seminars on payroll issues across the United States that have been
attended by executives and professionals from some of the most
prestigious firms in business today.
pioneer in electronic and online education, Ms. Lambert produces and
presents payroll related audio seminars, webinars and webcasts for
clients, APA chapters and business groups throughout the country. Ms.
Lambert is an adjunct faculty member at Brandman University in Southern
California and is the creator of and instructor for their Practical
Payroll Online program, which is approved for recertification hours by
the APA. She is also the Program Developer, Subject Matter Expert (SME),
and Facilitator for the Certificate in Payroll Practice and Management
Program offered by Cengage Learning / Ed2Go through hundreds of colleges
and universities across the country.
Edupliance is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDC for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.
This webinar has been approved for 1.5 HR (General) re-certification credit hours toward California, GPHR, HRBP, HRMP, PHR, and SPHR recertification through the HR Certification Institute. The use of this seal is not an endorsement by the HR Certification Institute of the quality of the activity. It means that this activity has met the HR Certification Institute’s criteria to be pre-approved for re-certification credit.