IRS Tax Codes: Form W-2 or Form W-2c, Form W-4, Form SS-8, Forms 940 and 941

Overview

To have a better understanding of employment IRS tax return and IRS tax refund forms and regulations surrounding each of them.

Why Should You Attend

All aspects of IRS forms will be covered to tax filing deadlines, along with the most up to date legislative changes that change requirements and penalties around these forms.

Areas Covered in this Webinar

• Form W-2
  • Basics
  • Box by Box review
  • Reporting and Recordkeeping requirements (deadlines)
  • Electronic Delivery of Form W-2
  • W-2 Reconciliation best practices
  • New legislation
• Form W-2C
  • Basic review
• Form W-4
  • New Hire Requirements
  • Proper W-4 Processing
  • Invalid Form W-4
  • Exempt W-4 Processing
  • Electronic W-4 requirements
  • W-4P & W-4S Forms
  • Other W-4 guidance
• Form SS-8
  • Form overview (Part review)
  • Basic instructions
• Form 940
  • FUTA Basics
  • Understanding who & what is subject to FUTA tax 
  • Understanding the FUTA tax rate
  • Depositing FUTA Tax
  • Basics of Form 940
  • Changes to Form 940
  • Common Mistakes 
• Form 941
  • 941 Basic Requirements
  • Reporting Requirements
  • 941 Due Dates
  • Tax Preparation
  • E 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

Learning Objectives

• Details around electronic delivery requirements of the W-2 and W-4 to employees 
• How to handle disputes with the IRS in regards to these forms

Who Will Benefit

• Payroll Professionals
• Accounting Professionals
• Controllers
• Tax professionals
• HR Professionals
• Legal Professionals
• Financial Officers
• Internal Auditors
• Compliance Officers
• Business Owners
• Any individual or entity that must deal with the complexities and requirements of processing payroll.

Speaker Profile

Dayna J. Reum CPP, FPC Dayna is currently the Payroll Tax & Garnishment Manager at PetSmart Inc. 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.

Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll.

Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.

Others Details

For more details and updates please visit webinar website