Payroll Taxes 101: Withholding, Depositing & Reporting Requirements
Summary
Accurate payroll tax withholding is just the beginning - they must also be paid, reported, and reconciled. Failing to comply with the complex employment tax rules can result in severe penalties for employers.
In our compliance-based, 60-minute program, payroll-expert Vicki Lambert covers the essentials of withholding, depositing, paying, and reporting payroll taxes. She’ll provide a solid foundation for the payroll beginner, plus an excellent refresher for the seasoned professional. Join us as we address key factors impacting accurate withholding including:
- Types of payroll frequency used by employers
- Ensuring correct information is provided on W-4s
- Taxable wage base and rate in effect for OASDI/social security taxes
- Medicare tax rate and when the Additional Medicare Tax applies
- Status of the employees such as nonresident alien or expatriate
- The wage base and rate for federal unemployment insurance/ FUTA
- And much more!
Program Highlights
Understanding the Federal Tax System
- Introduction to the federal tax system
- Steps for obtaining an EIN and why you need it
- Special tax rules for nonresident aliens on visa
Payroll Reporting Requirements
- Critical reporting requirements for payroll
- Guidelines for withholding federal income tax
- Keys to handling tricky supplemental wage issues
Taxes and Calculations Guidelines
- Understanding FICA Taxes: OASDI and Medicare
- The Additional Medicare Tax and when it applies
- Who is subject to FUTA tax – and how to calculate it
- FUTA tax: current rate and wage base
Ensuring Accuracy & Compliance
- Definition of Successor Employers and who it impacts
- Clear explanation of rules for Common Paymaster
- Penalties and cost for noncompliance
Question & Answer Session – Have your specific question answered!
About the Speaker
Vicki M. Lambert, CPP, is President and Academic Director of The Payroll Advisor with over 35 years of hands-on experience in all facets of payroll functions. Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today.
Program Benefits
Every payroll professional from the seasoned veteran to the novice beginner must have a good working knowledge of the requirements to process payroll efficiently and accurately to stay in compliance. Join our 60-minute event as we cover the basics of withholding, depositing and reporting federal taxes.
If you'd like this program customized for your organization, call us at 1-800-964-6033.
We're certain we can fulfill your training needs, while making it fit in your budget!
SHRM Credits
Premier Learning Solutions is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®. This program is valid for 1 PDCs for the SHRM-CP® or SHRM-SCP®. For more information about certification or recertification, please visit www.shrmcertification.org.
HRCI Credits
This program has been approved for 1 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org
Purchase this On-Demand Workshop
Payroll Taxes 101: Withholding, Depositing & Reporting Requirements
$199 + applicable taxes
You will receive access to the live event(s) which includes a copy of the speaker's presentation, real-time training with our expert instructor, and an interactive question & answer period. Two to three business days after each live training concludes, an email is sent to registrants which contains a link for unlimited access to the on-demand recording you can revisit & review.
You'll receive a link to access the recording(s) in your order confirmation email. On-demand recordings also include a copy of the speaker's presentation and the ability to submit your questions to the expert, for up to 7 days after viewing.
$300 + applicable taxes
You will receive access to the live event(s) which includes a copy of the speaker's presentation, real-time training with our expert instructor, and an interactive question & answer period. Two to three business days after each live training concludes, an email is sent to registrants which contains a link for unlimited access to the on-demand recording you can revisit & review.
You'll receive a link to access the recording(s) in your order confirmation email. On-demand recordings also include a copy of the speaker's presentation and the ability to submit your questions to the expert, for up to 7 days after viewing.
$699 + applicable taxes
You will receive access to the live event(s) which includes a copy of the speaker's presentation, real-time training with our expert instructor, and an interactive question & answer period. Two to three business days after each live training concludes, an email is sent to registrants which contains a link for unlimited access to the on-demand recording you can revisit & review.
You'll receive access to our full library of on-demand trainings along with the speaker's presentation and handouts for each event.
$899 + applicable taxes
You will receive access to the live event(s) which includes a copy of the speaker's presentation, real-time training with our expert instructor, and an interactive question & answer period. Two to three business days after each live training concludes, an email is sent to registrants which contains a link for unlimited access to the on-demand recording you can revisit & review.
You'll receive access to our full library of on-demand trainings along with the speaker's presentation and handouts for each event.
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Full-Team Pass
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