Learn the latest updates on Form W-4 (major change planned for 2020), Form 1099, Form W-9, Form W-2 wage and Form I-9 withholding reporting. This webinar bundle 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.
Form 1099-MISC and 1099-NEC Compliance
Join this session by expert speaker Patrick Haggerty, where he will cover the 2020 changes to Form 1099-MISC and the new Form 1099-NEC that is required to report nonemployee compensation paid during 2020. It will cover specific reporting requirements for various types of payments and payees, filing requirements, withholding requirements, and reporting guidelines.
Session Highlights:
Be prepared for filing Form 1099 NEC and revisions to Form 1099-MISC
Be prepared for anticipated changes to electronic filing for 2020 and 2021
Know when to furnish and file information returns under the new requirements·
Understand the de minimus error rules
Identify reportable payments and payees. Know when 1099 is required
Be aware of common 1099 errors: Know how to avoid them and how to correct them
Understand back up withholding: What it is; When to start and when to stop; How to deposit and report.
Know the due diligence procedures to avoid penalties for missing or incorrect payee tax ID numbers
Understand the procedures for "B" notices: When and how to issue and follow-up
Understand the procedures for "B" notices: When and how to issue and follow-up
Understand how to document independent contractor as reportable or non-reportable
IRS Updates on Form 941 for COVID-19
Join this session by expert speaker Dayna Reum, where she will give the tools you need to complete the form correctly from the line by line review to who should sign the form. Discussions on how to properly reconcile the form to avoid IRS notices will be reviewed. Along with how to deal with the IRS if a dispute does occur.
Session Highlights:
941 Basic Requirements Reporting Requirements
941 Due Dates
Electronic Filing
Signing Requirements
Line by line review Schedule B requirements and tips
Reconciliation of Form
941 and W-2’s at year-end 941-x forms and how to deal with them IRS Notices, disputes, and how to deal with them.
New Form 941-X for 2020 2nd Quarter in Covid-19: Recommendation and Information About Filing
Join this session by expert speaker Dayna Reum, where she will discuss the new Form 941 released for Q2 2020 to include all the COVID-19 credits was a huge challenge to employers, but deadlines with the IRS remained the same. Some employers found out after they failed to make the deadline that they did it wrong. Now employers are asking how do I fix my mistakes. This webinar will review the new Form 941X and how it should be properly completed.
Session Highlights:
By Form 941X Basics Deadlines for Filing
Form 941x
Form 941X Line by Line Review
COVID-19 updates and how to fix for the new credits attending this audio conference you will learn:
2020 Updates on Form I9 & W4 – Streamlining the Procedures for Worker Verification, Authorization, and Withholding Calculation
Join this session by our expert speaker Mark Schwartz, where he will discuss best practices and procedures for remote verification, it’s changed to the E-Verify Process, and other topics the DOL wants employers to know with the current pandemic.
Session Highlights:
We will take the I9 line by line, to make clear what information is necessary for your company to collect.
We will discuss what to do with the form when you receive it.
We will discuss what to do if the information DOES NOT MATCH the information the IRS has on your worker.
We will review the requirements for verification.
We will discuss all issues with both forms, what problems to anticipate, and how to deal with them.
We will identify where to go for specific information on Visas and other issues with Foreign workers
We will talk about DOL announcements since the Coronavirus epidemic.
I-9 Compliance And Audits: Strengthening Your Immigration Compliance Strategies In 2020
Join this session by our expert speaker Diane L. Dee, where she will discuss provide participants with detailed information on how to complete Form I-9 and gain an understanding of E-Verify requirements. Participants will also learn how employers can step up their efforts in ensuring immigration compliance.
Session Highlights:
What is Form I-9 and who must comply?
Changes to Form I-9 in 2020
Exceptions for completing and retaining Forms I-9
Employer and employee responsibilities when completing Form I-9
Common Form I-9 errors
Procedures for correcting errors & omissions
Form I-9 retention rules
Form I-9 Internal and External Audits
Levels of violations
Self-audits
Immigration and Customs Enforcement Audits
Inspection Notices
Consequences of non-compliance
E-Verify system
I-9 and E-Verify: Know the difference between
E-Verify rules & procedures
States with current E-Verify laws
E-Verify self-audits: Key steps
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.
People- Trainers
Patrick Haggerty
Patrick Haggerty is a tax practitioner, author, and educator. His work experience includes non-profit organization management, banking, manufacturing accounting, and tax practice. He began teaching accounting at the college level in 1988. He is licensed as an Enrolled Agent by the U. S. Treasury to represent taxpayers at all administrative levels of the IRS and is a Certified Management Accountant. He has written numerous articles and a monthly question and answer column for payroll publications.
Dayna Reum
Dayna is currently the Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of Chicago. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures.
Mark Schwartz
Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that means to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and a wide variety of benefits.
Diane L. Dee
Diane L. Dee, President of Advantage HR Consulting, LLC has over 25 years of experience in the Human Resources arena. Diane’s background includes experience in Human Resources consulting and administration in corporate, government, consulting and pro bono environments. Diane founded Advantage HR Consulting, LLC in early 2016.
This webinar has been approved for 6.5 HR (General) recertification 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 recertification credit.
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Edupliance is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 6.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.