Correcting tax returns is something no one can maintain a strategic distance from no matter how numerous safety measures you take.
This course will deliver you subtle elements on how to correct employee W-2’s and quarterly 941 returns. you will learn what data to assemble to appropriately file these corrections in expansion to alterations for State and Local tax returns.
The substance will talk about particular sorts of blunders found on form W-2 and give direction on how to form the essential rectifications. The subject will give data on correcting both current year and earlier year redresses. Failure to appropriately correct forms and payroll tax filings may result in extra tax, penalties, and intrigued. This webinar will assist the payroll department avoid penalties and time-consuming reactions to take after up questions from the IRS and other tax jurisdictions. Each sort of tax return includes a diverse way of filing an amendment.
This webinar will provide you with subtle elements of the foremost common returns that relate to payroll taxes.
Why should you attend :
Paying workers is one of the greatest costs for a company. Any company that has workers is required to withhold and pay payroll taxes. In expansion to what you withhold from a representative, there are charge shapes that must be recorded and given to the employee. The estimate of your trade, where you're found, where your representatives live and work; all of these things figure into what you must withhold from employee’s compensation and what you must pay as an employer. Understanding these things and knowing how much to withhold, how frequently to pay, what shapes to record, and what data to incorporate is now and then overwhelming. No matter how much we double-check figures and attempt to form beyond any doubt everything is correct on these shapes time recently they are sent out there's always a time when a blunder is made or something was cleared out out.
We are going into detail on how to correct the W-2 and 941 forms. Subtle elements of how to form these revisions, and how rapidly you must get them to the worker and the government agencies that are influenced will be covered. These sorts of changes moreover influence other government offices such as State and Neighborhood forms. Making beyond any doubt you comply and completing all the fundamental adjustments in a convenient matter is key.
The IRS and State and Neighborhood Governments survey enormous fines and punishments in case businesses don't record revisions legitimately and get them to workers timely. You need to maintain a strategic distance from these liabilities as much as possible. This webinar will assist you in better understanding all types of situations that can cause you to amend these forms and how to form amendments.
Areas covered in the session:
Who should attend:
Debbie Cash, CPP is a Manager of TLM Implementation at G&A Partners. She was formerly a Payroll Tax/Time and Attendance Specialist at Employer Advantage LLC. G&A Partners is a Professional Employer Organization (PEO) that offers payroll, human resources, benefits management, risk management, and accounting services for businesses and they recently acquired Employer Advantage LLC a former PEO. She has been with the organization since 2006.
Debbie earned an Associates Degree in Accounting from MSSU in 1985 and a Bachelors Degree in General Business from MSSU in 2006. She obtained her Certified Payroll Professional Certification in October 2006. She has 30+ years of experience processing payroll and payroll taxes for various different companies and professions.
Debbie worked as a Payroll Specialist at Missouri Southern State University from 1993 to March 2006. She attended the International Tax Conference in Wisconsin in 2005 and specialized in International Tax for Student Visa’s. She also worked for Joplin R-8 School District from 1990 to 1993.
