Supplemental Pay Taxation: Essentials for Payroll
So, what are the new rates? How were withholding requirements effected?
These are questions payroll must be able to answer. Managing the taxation of supplemental pay can be a complex challenge fraught with errors – and costly to correct. Learn how to properly tax any supplemental payment. Get the tools you need to:
- Tax supplemental pay including bonuses, severance pay and fringe benefits
- Distinguish between supplemental wage and regular wage payments
- Determine when to use each of the different supplemental rates correctly
- Identify the effect of Form W-4 and the payroll period have on withholding
- Apply the rules to common and not so common forms of supplemental pay
Program Highlights
Key Issues for Supplemental Pay Compliance
- New withholding rates for supplemental pay
- Regular wages vs. supplemental wages: Know the difference
- W-4 & pay period issues: When a withholding table should be used
- Essential record keeping requirements: Avoid the common mistakes
Treatment for Special Forms of Compensation: Commissions, Bonuses & More
- Common (and not so common) examples of supplemental wages
- Special options for overtime pay & tips: Stay Compliant
- Guidelines & examples from the latest revenue ruling
Which Withholding Method to Use on Supplemental Pay
- Definitions and examples of supplemental pay
- What options are available, when may they be elected, and who decides
- Optional Flat Rate: How to apply it when it's permitted
- The penalties involved for failure to withhold & how to avoid them
Live Question & Answer Session - Have your questions answered by the expert!
About the Speaker
Vicki M. Lambert, CPP, is President and Academic Director of The Payroll Advisor™, a firm specializing in payroll education and training. The company’s offers a payroll news service which keeps payroll professionals up-to-date on the latest rules and regulations.
- With over 35 years of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, 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
This webinar covers the basics for payroll professionals on how to properly tax any supplemental payment including bonuses, severance pay and fringe benefits.
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
Supplemental Pay Taxation: Essentials for Payroll
$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.
Guaranteed to be Good
All training experiences include a 7-day 100% money-back guarantee.
Full-Team Pass
Simply share the invite link with your team so you can learn and grow together!
Yours Forever
The event recording and materials are yours to rewatch and share as you choose.
