Year End 2016 and Preparing for 2017

  • Speaker:Vicki M. Lambert
  • Date: 29th November 2016 10:00 AM PST | 01:00 PM EST
  • Duration:90Min
  • Product Code:GRC-90062

HRCI Credits: 2.00

hrci_logo

$209

refer

Refer Friend's


Live Session - How it works

  • Username and Password will be sent to you 24 hours prior to the webinar.
  • Presentation handouts in pdf format will be mailed to you.
  • Login to the session using the username and password provided to you.
  • Get answer to your queries through interactive Q&A sessions via chat.
  • Please let us know your thoughts and views at the end of webinar, your valuable feedback will help us improve.
  • Get certification of attendance.

Recorded Session - How it works

  • Login Information with Password to view the webinar, 24 hours after the Live webinar (link valid for 6 months).
  • A link will be provided to you upon purchase of the recorded session.
  • Please click on the link to access the session.
  • Presentation handouts in pdf format will be mailed to you.
  • Get certification of attendance.

Training CD - How it works

  • Free shipment within 72 Hours, from the date of webinar completion.

(More about our products contact +1- 248-233-2049)

Description:

This webinar concentrates on preparing the department for the end of the calendar tax year and the new year processing.  Topics include reconciling, completing and submitting Form W-2 federal and state; update to annual changes from the IRS, SSA, DOL and on the state level; and best practices that will help make the year-end and year beginning go smoother.

Preparing for year-end should not begin in October or November as it may have in the past. Preparation should begin in January and be conducted throughout the calendar year. This is especially important now as the IRS is looking at year-end compliance issues. In this webinar we will give the latest best practices to help your payroll department transition from a year end crunch to a smooth and compliant year end process. We will discuss how check lists can help keep you on track to ensure all tasks are completed. How a simple two page memo can prevent dozens of employee questions. We will cover how your duplicate form W-2 request form and procedures should be set up and in place in advance of issuing the forms and how it will assist you when processing those requests in the upcoming year.

We will provide example of check lists that should be prepared for each year end to assist in a smooth transition. We will provide updates to for the calendar year 2017 on such items as social security wage base, deferred compensation limits, mileage rates and Forms W-2 and 941. This webinar will provide a sample of a form to request a duplicate Form W-2 that can be used by the attendee in their own department as well as information on setting up the procedures for requesting the form.  We will discuss how to work throughout the year to collect information from accounts payable for year-end instead of trying to obtain all of the information in December. We will demonstrate how this helps smooth out the year end processing and relieve year end stress for both departments.  We will provide the basis for a year end memo to help payroll departments inform the company’s employees of what lies ahead for the upcoming year to help curtail questions during this hectic time for payroll.

Information covered in the presentation:

•    Reconciliation of Form W-2 to Form 941 and why it must be done
•    Update on year-beginning annual changes for social security wage base, fringe benefit limitations, federal per diem allowance, standard mileage rate, qualified transportation fringe benefits, and more.
•    How to use the required year-end notice to update your employees for the coming year
•    Best practices on organizing the payroll department for year-end including action item check lists for Form W-2, Year end and Year beginning to ensure a smooth process
•    How to handle duplicate requests for Form W-2 including charging fees
•    Best practices for gathering, calculating and recon

Write a review

Note: HTML is not translated!
    Bad           Good

Available Options

Recorded Webinar

$209
Login information will be shared within 48 hours after the completion of Live webinar. Valid for 6 months with up to date materials.

Get CD/DVD

$259
Free shipment within 4 working days, from the date of webinar completion.
For discounts and offers call support