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Are you responsible for payroll or employer tax withholding compliance? Or maybe you were recently hired or promoted into the payroll department. During your indoctrination you are surprised at all the interesting things to do and how important this role is to the success of the company. You begin to wonder just how much there is to learn. Join us for 90 minutes for a quick briefing on the basic laws affecting payroll. Learn where to find the authoritative rules to support your policies and procedures. Accelerate your learning using our organized and thoughtful delivery and determine to step into your role with confidence.
Who Should Attend
All forms of businesses, government agencies, regulated industries, NGOs
Topics Covered
- Who must be treated as an employee v. who may be treated is an independent contractor
- Worker classifications under the Fair Labor Standards Act
- New salary thresholds for salaried exempt status
- Other IRS worker classifications
- What constitutes compensable travel time under the Portal Act
- Who is entitled to Overtime Pay – Including an update on federal actions to change the rules
- What qualifies as hours of work
- Call back and Show-up pay
- Form W-4 Exemption Allowance Issues
- How to use Form SS-8 and what to never do with this form
- Form 941 quarterly Employee Earnings and Tax Withholding Report
Learning Objectives
- Understanding the The Fair Labor Standards Act
- Understanding of Worker Classifications
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Miles Hutchinson
Miles Hutchinson is a CGMA and experienced businessman with over 40 years in the field. 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 2,500 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. He is recognized as an expert in payroll and sales & use tax as well as financial modeling & analysis, business strategy and communications. He is the author of several useful accounting and tax tools.
His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army. Please visit his web sites to see how you can further benefit from his expertise.