Intermediate Payroll for the Administrative Professional

Government agencies, including the Department of Labor and IRS, are increasing their enforcement and audits. Administrative professionals are often the ones who are tasked with completing payroll, keeping records, ensuring compliance, and responding to government investigations.

This webinar is intended to assist administrative professionals to help ensure compliance with payroll laws and be prepared in the event of a government review. Paying employees is one of the most important parts of doing business. Employees work to be paid so making sure they are paid timely and correctly is crucial to your business.

Taxes are complex and making sure you are in compliance, is very important. This is money that you are withholding from an employee’s wages and there are serious consequences for not paying these taxes. Fines and penalties can be assessed for companies who fail to pay taxes properly to the extent that their business can be shut down.

Session Highlights:

• You will learn what forms are needed to process employees’ pay.
• You will learn how to calculate your employee’s pay.
• You will learn and understand what taxes must be withheld from employees.
• Understanding of how/where to pay employee and employer taxes and your responsibilities.
• Better knowledge of Deadlines and awareness of Fines and penalties that can be assessed.
  

Areas Covered:

Items needed to Process Payroll    

• W-4’s
• I-9
  
• Pay Information
• Time records for Hourly employees
• Information for Other Pay
• Deduction Information

Payroll Calculations

• Calculating Hourly Pay
• Calculating Overtime
• Salary Payments
• Calculating deductions correctly

Withholdings

• What Federal taxes need to be withheld
• What State tax withholding is required
• FICA/Medicare Tax withholding
• Is there any Local tax withholding
• What Employer Taxes are required
  

Payroll Tax Calculations

• How to calculate Federal tax withholding
• How to calculate State tax withholding
• How to calculate FICA/Medicare Tax withholding
• How to calculate Local tax withholding
• Employer Taxes

Reporting of Withholding Taxes

• What forms to File
• How often do I withhold and pay
• Where/How do I make payments?
• What reports must be filed?
  

Deadlines/Penalties

• Deadlines for Tax Payments
• Penalties for Late Payments
• Penalties for Late Filing
  

Why You Should Attend:

Laws constantly change and keeping up with payroll laws can be daunting. 

Attending this webinar will give you the basic knowledge of how and what items you need to pay your employees, how to calculate their pay, what taxes to withhold, how to pay those taxes, and better knowledge of payroll, in general, to help keep you in compliance. Details of how to calculate taxes and what reports are required will be discussed along with how often they must be paid. Whether you are new to processing payroll taxes or you are the Owner trying to understand more about what you are paying you will want to attend this webinar and get a better understanding of the ins and outs of payroll.

Who Should Attend:

• Administrative Professionals
• Entry Level Payroll Processors
• Bookkeepers
• Small Business Owners
• Tax Managers, Tax Practitioners
• Tax Preparer, Tax Professionals
• Tax Attorney, Tax Director
• HR Professionals
• Human Resources Manager
• Trust & Estate Tax Professional