Introduction to Payroll Law (Currently Unavailable)

Author: Miles Hutchinson

CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

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 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.

If you are concerned about your company’s ability to comply with U.S. labor and payroll laws, join us for a quick introduction and help ensure your company pays your employees fairly and handles tax and other withholdings properly.

Publication Date: June 2020

Designed For
Payroll Managers, Payroll clerks, HR Managers, Information Reporting Officers, Tax Managers, Compliance Officers, Compliance Managers, CFOs, Controllers, Accounting Managers, and Auditors.

Topics Covered

  • Funding Sources for the Federal Government
  • Setting up Newly Hired Employees — Federal Requirements
  • Employer Income & Employment Tax Withholding and Reporting Obligations
  • Consequences and Penalties for Non”compliance with Requirements
  • Internal Controls to Ensure Compliance with Tax Withholding and Reporting Requirements
  • Improper Employment Tax Evasion Schemes
  • Potential Penalties and Implications of Willful Evasion of Employment Tax Requirements

Learning Objectives

  • Identify the basic laws affecting payroll
  • Recognize where to find the authoritative rules to support your policies and procedures
  • Identify if your company pays employees fairly and handles tax and other withholdings properly
  • Differentiate which IRS Publications relates to independent contractors or employees
  • Identify which forms to use in various scenarios
  • Identify the maximum penalty assessed on wages paid for worker misclassification

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None

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