2018 Payroll Legislative Update (Currently Unavailable)

Author: Miles Hutchinson

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

Every year the government changes various employment, benefit and reporting compliance rules. As we are working to understand and comply with the Affordable Care Act, we hear rumblings of potential repeal/replacement. Is it any wonder that businesses are struggling to comply with this burdensome body of law and regulation? You can help. You can keep abreast of the changes and liaison to keep your company in compliance with utmost efficiency.

Publication Date: July 2018

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

Topics Covered

  • Review legal and regulatory changes for the 2017 reporting year
  • Benefits/credits about to expire
  • Retirement funding — new thresholds
  • Updated forms
  • 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 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

Learning Objectives

  • Identify the latest updates on Form W-2 and Form W-2 wage and withholding reporting
  • Recognize how to 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
  • Differentiate the current law and regulations regarding the filing of Forms W-2 and W-4 and will provide practical guidance in these areas that have become the subject of increasing IRS scrutiny
  • Identify regulatory changes which occurred during 2017 & 2018
  • Recognize allegations included under the loss of job category
  • Differentiate offenses results with respect to I-9 and employment verification penalties
  • Recognize state minimum wage rates
  • Identify components of the long test with respect to the professional employee test
  • Identify non-compensable travel time
  • Identify I-9 exclusions and charactertistics
  • Differentiate the five special exceptions to the exempt salary basis
  • Recognize types of workers exempt from the overtime provisions paid on a salary basis
  • Identify leave entitlement based on FMLA
  • Describe which publication include certain information
  • Recognize the new business mileage rate effective 1/1/2018


Instructional Method

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

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