Have any question? +1-(214)-628-2958
 

Form W-4 everything you need to know

 

Speaker Name :Dayna Reum


Recorded Session

60 Minutes

  This webinar will prepare the payroll professional to understand the changes to the form W-4 for 2020 and how to calculate taxes in 2020.

Overview

Dec of 2017 The Tax Cuts and Jobs Act was passed and it was one of the most significant tax changes in sometime.  The change to the W-4 due to Tax reform will be the largest change to the form in US History. Before these changes the Form W-4 was a critical form that all companies have to obtain from employees, that drives how federal income withholding tax is calculated.  The IRS released Publication 15-T, which gave instruction on how the new form will impact taxation.  A review of publication 15-T and the steps to completed federal tax withholding calculations will be reviewed.  All IRS specific laws around processing of the Form W-4 in 2020 will be discussed.

Areas will be covered

  • Understanding the proper way to process a federal W-4
  • What should be the proper process for an invalid W-4 in 2020
  • Proper processing and maintenance of a IRS lock in letter
  • Electronic W-4 requirements and what the new form means for employers with electronic W-4 systems
  • Understanding the requirements around Form W-4 and how an employer can be at risk
  • IRS Form W-4 change requirements and how it affects you as an employer
  • Employer notification requirements and important deadlines for both Form W-4
  • Discussion on what make the Form W-4 invalid
  • Review and examples on the new ways to calculate federal taxation in 2020
  • Best Practices on how employers can better communicate W-4 changes to employees

Who will Benefit

  • Payroll professionals
  • Accounting Professionals
  • Tax Professionals
  • Benefits Professionals


ON-DEMAND

  Downloadable recorded   $229
  Training CD   $299

Speaker Profile

Dayna Reum ,CPP, FPC is currently the Director of Payroll Operations at Ann & Robert H. Lurie Children's Hospital of Chicago . She has been heavily involved in the payroll field over 18+ years. Starting as a payroll clerk at a small Tucson company, She moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna's time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, international and Canadian payroll.

Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the national Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.

RELATED WEBINARS

Date : 2020-01-24
Date : 2020-01-23
Recorded Session
By: Dr. B. Lynn Ware

What is New in Onboarding

Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
By: Dr. Bob Churilla JD, PhD

Handling Generational Conflict On Your Team

Recorded Session
Recorded Session
By: Dr. Bob Churilla JD, PhD

How to Deal With Clashing Coworkers

Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session
Recorded Session