THIS WEBINAR WILL DISCUSS THE COMPLEXITIES AND REQ 2015 - Proper Handling of Multistate Taxation 2015- Payroll Compliance

Website http://www.onlinecompliancepanel.com/ecommerce/webinar/~product_id=501017?expDate=Sep17_2015_Handlin | Edit Freely

Category Multistate Taxation, Payroll Compliance, IRS, State Regulations, Federal and State Taxes, Record Retention, employee taxation and reporting requirements

Deadline: September 16, 2015 | Date: September 17, 2015

Venue/Country: online Webinar, U.S.A

Updated: 2015-09-08 14:27:49 (GMT+9)

Call For Papers - CFP

Instructor: Vicki M. Lambert

Product ID: 501017

Description

This webinar will explain the payroll best practices that multistate employers have to follow to comply with taxation and reporting requirements when the workforce is distributed across different states.

Complying with the tax code, tax withholding requirements and deposit schedules for the IRS and one state is complicated enough. But for the multistate employer, multiply this by 5, 10, or 20 or even 50 and it can turn into a payroll department's worse nightmare. Not only are there more rules and regulations to comply with, but the penalties can multiply if mistakes are made.

Why Should you Attend

This webinar will cover the intricacies and requirements that must be addressed by the multistate employer.

All payroll professionals must know the taxation and reporting requirements for all states where the company has employees working or in the case of reciprocal agreements, living. But for the payroll department, that must handle employees who work in multiple states simultaneously or who travel to different states at different times for the employer, the taxing and reporting requirements can become an arduous task at best and at worse a total fiasco.

Questions must be answered, sometimes on an employee by employee or even tougher on a case by case basis for an individual employee. Which state income tax is withheld? Does it matter if the employee is a resident or a nonresident of the state? Are there any reciprocal agreements in effect that must be taken into consideration? Which state do we pay the SUI to and what happens if one of the states has disability insurance but the other doesn't? Or worse yet what if both states require disability insurance to be deducted?

Objectives of the Presentation

How to determine state withholding liability

Who is a resident

How reciprocal agreements affect taxation of wages

How state exemptions or credits affect withholding

Resident and nonresident taxation policies

The four factor test for state unemployment insurance

Income and unemployment taxation of Fringe benefits

Which states follow the Internal Revenue Code and which version

How to handle income and unemployment insurance taxation for employees working in multiple states

Supplemental withholding rates

Withholding requirements when an employee is in a state temporarily

Which states require the use of their own Withholding Allowance Certificate, which states allow either theirs or the Form W-4, and which states don't have a form

Reporting wages for multistate employees on Form W-2

Who can Benefit

Payroll Professionals

Human Resources

Accounting Personnel

Business Owners

Lawmakers

Attorneys, or any individual or entity that must deal with the complexities and technicalities of ensuring compliance within the payroll process

For Registration -

http://www.onlinecompliancepanel.com/ecommerce/webinar/~product_id=501017?expDate=Sep17_2015_HandlingOfMultistateTaxation=Channel=ourglocal

Note : Use coupon code 1371 and get 10% off on Registration