- #Conference
- #Business
- #Finance
OVERVIEW
Experienced
CGMA and businessman Miles Hutchinson will review the current law and
regulations regarding the filing of Forms W-2 and preparation of new Forms W-4 for 2020 and will provide practical guidance in these areas that have become
the subject of increasing IRS scrutiny.
WHY
SHOULD YOU ATTEND
The
IRS is changing the rules in regulatory reporting once again. The W-4 for 2020
is being revised to match the Tax Cuts and Jobs Act. The exemption allowance
approach to computing withholdings is disappearing. We will examine the IRS
rules and regulations, 2020, the new Form W-4 for 2020 and answer your
questions about the impact and how to implement the new form.
In
addition, we will review the W-2 and W-4 update and best practices and related
issues to prepare you for a smooth reporting season.
AREAS
COVERED
- Review
legal and regulatory changes for the reporting year
- Summary
of the impacts of the Tax Cuts and Jobs Act
- Benefits/credits
about to expire
- Retirement
funding – new thresholds
- Updated
forms, including the new W-4 for 2020 (no longer based on exemption
allowances)
- Reporting
the cost of employer sponsored health coverage – which employers are
affected, when employers must begin reporting, what to report, valuation
methods, etc.
- How
to handle expense reimbursements made to employees-reportable/taxable?
- How
to fill out a W-4 form and how to efficiently execute an electronic W-4
program
- Verifying
employee social security numbers online
- Electronic
filing with the SSA using Business Services Online (BSO) – the
requirements and benefits
- Where
to turn when you want to transmit employee copies of W-2’s electronically
- What
your company can do to minimize resource consumption when complying with
this regulatory reporting requirement
- What
if we make a mistake? Corrections and penalties
LEARNING
OBJECTIVES
Learn
the latest updates on Form W-4 (major change planned for 2020) and Form W-2
(wage and withholding reporting). This W2 & W4 update webinar will prepare
your staff for this filing year, improve your employee reporting set-up and
maintenance practices, and reduce your risk of complaints from the IRS.
WHO
WILL BENEFIT
This
webinar will be invaluable for Accountants, CFOs, Payroll personnel, Human
Resources, Accounts Payable personnel, Tax Managers and Attorneys.
SPEAKER
Miles Hutchinson is a CGMA (Chartered Global Management
Accountant) and experienced businessman. He has been an auditor with
PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real
estate development company. Miles is a professional speaker and consultant who
has presented over 2,000 seminars and training sessions on a myriad of business
and financial topics, like financial analysis and modeling, accounting,
strategic planning, and compliance with the Sarbanes-Oxley Act.
Use Promo Code XMSNY19 and get flat 20% discount on all purchases.
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link:
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