Draft Form W-4 2020 and how it impacts employers
Webinar Details$219
- Webinar Date: October 22, 2019
- Webinar Time: 2:00pm - 3:00pm EDT live
- Guest Speaker: Dayna Reum
- Industry: Human Resources, Taxation and Accounting
- Credit: CPE 1.0, HRCI 1.0, SHRM 1.0
Dec of 2017 The Tax Cuts and Jobs Act was passed and it was one of the most significant tax changes in sometime. The change to the W-4 due to Tax reform will be the largest change to the form in US History. This webinar will prepare the payroll professional to understand the changes to the form W-4 for 2020 and to review the recently released draft on May 31 of 2019. Before these changes the Form W-4 was a critical form that all companies have to obtain from employees, that drives how federal income withholding tax is calculated. The IRS released Publication 15-T on June 7, 2019 which gave instruction on how the new form will impact taxation. A review of publication 15-T and the steps to completed federal tax withholding calculations will be reviewed. All IRS specific laws around processing of the Form W-4 today and tomorrow discussed.v
Benefits of Participation:
• Understanding the proper way to process a federal W-4
• What should be the proper process for an invalid W-4 today and how it will look in 2020?
• Proper processing and maintenance of a IRS lock in letter
• Electronic W-4 requirements and what the new form means for employers with electronic W-4 systems
• Understanding the requirements around Form W-4 and how an employer can be at risk
• IRS Form W-4 change requirements and how it affects you as an employer
• Employer notification requirements and important deadlines for both Form W-4
• Discussion on what make the Form W-4 invalid
• Review of the tax reform legislation and how it affected the Form W-4
• Best Practices on how employers can better communicate W-4 changes to employees
Guest Speaker
Dayna Reum
Dayna is currently the Payroll Tax Manager at PetSmart Inc. Dayna has been heavily involved in the payroll field over 15 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teach... View Full Profile
CPE Credit
Aurora Training Advantage is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
For more information regarding administrative policies such as complaint and refund, and cancellation please contact our offices at 407-542-4317 or training@auroratrainingadvantage.com.
HRCI Credit
This program has been approved for credit hours through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
SHRM Credit
Aurora Training Advantage is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.