Live Webinar- "Payroll Deductions: What Can and Cannot be Deducted from an Employee's Wages"

Live Webinar: Payroll Deductions: What Can and Cannot be Deducted from an Employee's Wages When: Wednesday October 20, 2021 - 03:00 PM Duration: 90 Minutes.

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This training program will discuss what can and what cannot be deducted from an employee’s regular paycheck as well as their final one. The course will offer a brief overview of child support and its limits, federal and state tax levies, credit garnishments that can be honored, voluntary wage assignments for payday loans, and several other related topics.

Why Should You Attend:
In payroll we calculate the gross wages of an employee by meticulously following strict regulations on what must be or must not be counted as hours worked and taxable income. We pay the employee their net paycheck only by the payment method that is permitted. But what about in between? When it comes to deducting from the employee’s gross wages to achieve the net income, are you also adhering strictly to the rules?

Areas Covered in the Webinar:
Taxes—which are mandatory, which are a courtesy, and which ones the employee controls
Child support—the limits but not beyond
Tax levies—federal and state
Creditor garnishments—how many can you honor and how often
Voluntary wage assignments for payday loans—when are they required to be honored
Handling fringe benefits such as health insurance or group term life
Uniforms—when the employer pays for it and when the employee furnishes it
Meals—when they become part of the employee’s wages
Lodging—when it is part of the employee’s wages and when is it a perk