Evolving Payroll Regulations

On Demand Webinar

Webinar Details $219

  • Webinar Length: 100 Minutes
  • Guest Speaker:   Christine Stolpe
  • Topic:   Payroll, Taxation and Accounting, Human Resources
  • Credit:   CPE 2.0, HRCI 1.5, SHRM 1.5, RCH 1.5, ATAPR 1.5, ATATX 2.0, ATAHR 1.5
All Access Membership

Get ready to revolutionize your payroll game! Join us for an engaging webinar on February 15th from 12:00 pm to 1:40 pm EST, where we'll be diving into the world of 'Evolving Payroll Regulations.' We'll help you stay on top of the latest updates and changes in payroll regulations as of January 01, 2024, making sure you're always in the know. Let's unravel the mysteries of tax reforms and legislative amendments and see how they're shaking up the payroll scene. We'll also share some nifty tricks for handling tricky payroll situations, especially those pesky cross-border ones. And that's not all – we'll show you how to use the latest tech to make your payroll processes smoother than ever. Plus, we've got some cool real-life examples to show you just how these concepts work in the wild. Get ready to tackle the future of payroll regulations like a pro!

Learning Objectives:

  • Understand the latest updates and changes in payroll regulations as of January 01, 2024.
  • Comprehend the implications of tax reforms and legislative amendments on payroll processing and management.
  • Learn effective strategies for ensuring compliance with complex payroll regulations, especially in cross-border scenarios.
  • Explore the role of technology in streamlining payroll processes and enhancing overall efficiency.
  • Gain insights into practical applications through case studies, enabling the application of learned concepts in real-world scenarios.
  • Develop a proactive approach towards future changes in payroll regulations, ensuring preparedness and adaptability.
  1. Introduction
  2. Hello! 00:02:53
  3. Regulations in Payroll 00:03:35
  4. Stay Current! 00:04:00
  5. What’s New? 00:05:33
  6. Agenda 00:07:20
  7. Updates 00:08:24
  8. FLSA Exemptions 00:09:02
  9. Overtime in Arkansas 00:12:20
  10. Minimum Wage 00:13:39
  11. Overtime in Arkansas 00:13:51
  12. Minimum Wage 00:14:58
  13. Impact Analysis 00:15:45
  14. Employer Budget 00:20:40
  15. System Configuration 00:22:45
  16. Impact To Employees 00:28:07
  17. Keeping Up To Date 00:33:45
  18. Payroll Checklist 00:36:14
  19. Audit Compliance Each Pay Cycle 00:36:26
  20. Test! Test! Test! 00:42:47
  21. Tax Reforms 00:45:51
  22. W-4 Form 00:46:39
  23. Employee Benefit Management 00:50:06
  24. Annual Limits 2024 Adjustment 00:50:40
  25. New Benefits 00:53:40
  26. Gifts 00:55:59
  27. Multi-State Taxation 01:00:10
  28. Challenges  - 10th Amendment 01:02:16
  29. Guidance 01:04:30
  30. Best Practices 01:07:32
  31. Streamlined Payroll Processes 01:11:31
  32. Technology in Payroll 01:13:04
  33. Tools and Software to Increase Efficiency 01:13:40
  34. Case Studies 01:19:07
  35. Sails Restaurant - FLSA Violations 01:19:25
  36. Unforgettable Coatings - FLSA Violations 01:21:27
  37. Moral Of The Story 01:24:00
  38. Outlook & Preparedness 01:24:46
  39. What Comes Next? 01:25:41
  40. Are You Ready? 01:29:40
  41. Attendee Questions? 01:31:36
  42. A Little Take Away 01:45:09
  43. Summary 01:45:20
  44. Presenter Information 01:45:52
  45. Presentation Closing 01:46:13
  • Allocation 01:08:13
  • Artificial Intelligence (AI) 01:13:17, 01:25:51, 01:27:21
  • Audit 00:28:08, 00:33:31, 00:38:27, 00:40:11, 01:07:36, 01:15:00
  • Blockchain 01:18:35
  • Costs 00:21:44
  • De minimis 00:56:45
  • Dependants 00:49:25
  • Earned Wage Access (EWA) 01:29:36
  • Exempt 00:09:03, 00:10:38
  • Expense 00:21:52
  • Fair Labor Standards Act (FLSA) 00:09:02, 00:10:59, 00:11:56, 01:19:15
  • Fair Market Value (FMV) 00:57:22
  • Federal Insurance Contributions Act (FICA) 00:21:30,  00:52:24
  • Flexible Spending Account (FSA) 00:51:23
  • Form W-2 00:35:10
  • Form W-4 00:46:06, 00:49:34
  • Garnishment 00:54:46
  • General Ledger (GL) 00:18:17
  • GL Mapping 00:27:02
  • Health Savings Account (HSA) 00:52:11
  • Liability 00:21:20
  • Minimum Wage 00:08:45, 00:15:01, 00:23:43, 00:26:11, 01:27:06
  • Non-exempt 00:10:42, 00:29:17
  • OASDI 00:52:33
  • Overtime 00:08:49, 00:11:19, 00:12:45, 00:13:58, 00:16:54, 00:21:17, 00:23:02, 00:40:55
  • Regular Rate of Pay 00:18:54, 00:21:03, 00:40:56, 01:07:57
  • Tax Cuts and Jobs Act 00:45:55
  • Vendor 01:29:39
  • Wage Base 00:52:38

Allocation: Allocation is the separation of profits by percentage for each member.

Artificial Intelligence (AI): Artificial intelligence is intelligence demonstrated by machines, as opposed to the natural intelligence displayed by humans or animals.

Audit: A formal examination of an organization's or individual's accounts or financial situation

Blockchain: Blockchain.com is a Bitcoin block explorer service, as well as a cryptocurrency wallet supporting Bitcoin, Bitcoin Cash, and Ethereum. They also provide Bitcoin data charts, stats, and market information.

Cost: The sum of the applicable expenditures and charges directly or indirectly incurred in bringing an article to its existing condition and location

De Minimis: Too trivial or minor to merit consideration.

Dependent: A dependent is a person other than the taxpayer or spouse who entitles the taxpayer to claim a dependency exemption. Each dependency exemption decreases income subject to tax by the exemption amount. Your dependent must be a U.S. citizen, a national, a resident alien of the U.S., or a resident of Canada or Mexico. A dependent can be claimed by one and only one taxpayer in any given year.

Earned Wage Access (EWA): Earned Wage Access (or on-demand pay) is a payroll feature that allows employees to access the wages they have already earned during the current pay period before the actual payday. For hourly employees, EWA means having real-time access to accrued wages.

Exempt : Exempt employee is a term that refers to a category of employees set out in the Fair Labor Standards Act. They do not receive overtime pay, nor do they qualify for the minimum wage

Expense: Offset (an item of expenditure) as an expense against taxable income.

Fair Labor Standards Act (FLSA): The Fair Labor Standards Act of 1938 29 U.S.C. § 203 is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. It also prohibits most employment of minors in "oppressive child labor".

Fair Market Value (FMV): The term fair market value is used throughout the Internal Revenue Code among other federal statutory laws in the USA including Bankruptcy, many state laws, and several regulatory bodies. In litigation in many jurisdictions in the United States, the fair market value is determined at a hearing.

Federal Insurance Contributions Act (FICA): The Federal Insurance Contributions Act is a United States federal payroll contribution directed towards both employees and employers to fund Social Security and Medicare—federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.

Flexible Spending Account (FSA): A Flexible Spending Account (also known as a flexible spending arrangement) is a special account you put money into that you use to pay for certain out-of-pocket health care costs. You don't pay taxes on this money. This means you'll save an amount equal to the taxes you would have paid on the money you set aside.

Form W-2: Form W-2 is an Internal Revenue Service tax form used in the United States to report wages paid to employees and the taxes withheld from them. Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship. - Wikipedia (https://en.wikipedia.org/)

Form W-4: Form W-4 (otherwise known as the "Employee's Withholding Allowance Certificate") is an Internal Revenue Service (IRS) tax form completed by an employee in the United States to indicate his or her tax situation (exemptions, status, etc.) to the employer.

GL Mapping: Mapping payroll items to general ledger accounts allows you to classify your payroll transactions for your financial statements. You need to have list of account names and associated account numbers called the Chart of Accounts that your company uses to identify its general ledger (GL) accounts.

Garnishment: A legal summons or warning concerning the attachment of property to satisfy a debt

General Ledger (GL): A complete record of the financial transactions over the life of a company.

Health Savings Account (HSA): A savings account used in conjunction with a high-deductible health insurance policy that allows users to save money tax-free against medical expenses.

Liability: In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.

Minimum Wage: The lowest wage paid or permitted to be paid specifically fixed by a legal authority or by contract as the least that may be paid either to employed persons generally or to a particular category of employed persons.

Non-exempt: Non-exempt employees are workers who are entitled to earn the federal minimum wage for every hour they work. Such workers likewise qualify for overtime pay, which is calculated as one-and-a-half times their hourly rate, for every hour they work, above and beyond a standard 40-hour workweek.

OASDI: OASDI stands for old age, survivors, and disability insurance tax, and the money that your employer collects goes to the federal government in order to fund the Social Security program.

Overtime: Overtime is time and a half of what an employee earns for every hour worked over 40 in a workweek. The FLSA salary threshold is the minimum salary employers must pay employees for them to be exempt from overtime wages.

Regular Rate of Pay: An employee’s regular rate is the hourly rate an employee is paid for all non-overtime hours worked in a workweek. When calculating an employee’s regular rate, all compensation received by the employee in a workweek must be included, including wages, bonuses, commissions, and any other forms of compensation.

Tax Cuts and Jobs Act: The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, Pub.L. 115–97, is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act, that amended the Internal Revenue Code of 1986.

Vendor: A vendor is a person or business that supplies goods or services to a company. Another term for the vendor is the supplier. In many situations, a company presents the vendor with a purchase order stating the goods or services needed, the price, delivery date, and other terms.

Wage Base: The taxable wage base is the amount of an employee's income from which the IRS calculates an individual's tax liability for Social Security. In other words, the taxable wage base is the income an employee earns on which Social Security taxes must be paid.


Guest Speaker

  • Christine Stolpe

Webinar Survey Overall Rating

This webinar received a total of 18 survey responses. Attendees have given an average rating of 4.1 stars out of a possible 5, reflecting the quality and value of the content presented.

Average rating

4.1 / 5
Webinar Presentation
How many of the objectives of the event were met?
4.3 Stars
How useful was the information presented at this event?
3.8 Stars
Overall, how satisfied were you with this event?
3.9 Stars
Speaker Performance
Overall, how satisfied were you with this presenter?
4.1 Stars
How closely did the presenter follow the schedule?
4.2 Stars

Reviews From Webinar Survey

Our webinars are crafted to deliver exceptional value and insight to business professionals. To ensure we meet and exceed your expectations, we conduct thorough post live webinar surveys. Below, you'll find genuine feedback from attendees, sharing their thoughts on the event and the speaker's performance. These reviews highlight our commitment to continuous improvement and excellence in providing top-tier educational experiences.

Wendy S.
February 16, 2024
2.4 / 5
Webinar Rating:
2.3 Stars
Speaker Rating:
2.5 Stars
Do you have any other comments, questions or concerns?
The presenter gave out several pieces of inaccurate information, both in print and verbally. I would not attend any further presentations of hers.

Laura S.
February 16, 2024
3.6 / 5
Webinar Rating:
3.3 Stars
Speaker Rating:
4.0 Stars
Do you have any other comments, questions or concerns?
no comment

Julie C.
February 16, 2024
4.0 / 5
Webinar Rating:
4.0 Stars
Speaker Rating:
4.0 Stars
Do you have any other comments, questions or concerns?
no comment

Takesha M.
February 15, 2024
4.6 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
When a presenter can't go to deep on a topic if they could provide where we can get accurate information. Which she did on somethings but not everything.

Trisha G.
February 15, 2024
3.0 / 5
Webinar Rating:
3.0 Stars
Speaker Rating:
3.0 Stars
Do you have any other comments, questions or concerns?
Information should be checked before presenting as multiple things were mis-presented

Sue R.
February 15, 2024
3.4 / 5
Webinar Rating:
3.3 Stars
Speaker Rating:
3.5 Stars
Do you have any other comments, questions or concerns?
This presenter read everything presented. I can read on my own, I felt she didn't really know the information. She gave misinformation regarding Arkansas OT taxes. I'm not sure I trust that she gave us correct information. There were two questions from attendees that she could not answer.

Robin S.
February 15, 2024
4.0 / 5
Webinar Rating:
4.0 Stars
Speaker Rating:
4.0 Stars
Do you have any other comments, questions or concerns?
no comments.

Lisa G.
February 15, 2024
4.8 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
I liked her.

Angela P.
February 15, 2024
5.0 / 5
Webinar Rating:
5.0 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
Best webinar I have listened to to date. Felt like I could benefit from some more in depth discussions (requiring more time) on payroll specifics of overtime exemptions. Really enjoyed the demeanor and manner of material presented. Would listen to another webinar by her because I feel like she would provide clear, relevant information.

Ollga S.
February 15, 2024
2.4 / 5
Webinar Rating:
3.0 Stars
Speaker Rating:
1.5 Stars
Do you have any other comments, questions or concerns?
Please have the speakers confirm before class that the material they are presenting is accurate. Do not give out information that is incorrect like the mix with the state of Arkansas and Alabama

Fang Z.
February 15, 2024
4.6 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
I like it

Stacy O.
February 15, 2024
4.6 / 5
Webinar Rating:
4.3 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
Thanks!

Amber A.
February 15, 2024
4.4 / 5
Webinar Rating:
4.0 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
I thought the class went well; there is so much information you could cover. I wish there were classes that went into more detail instead of an overview.

Fenner T.
February 15, 2024
4.2 / 5
Webinar Rating:
4.0 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
no comment

Maribeth A.
February 15, 2024
4.2 / 5
Webinar Rating:
4.0 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
Very interesting topic

Anthony N.
February 15, 2024
4.2 / 5
Webinar Rating:
4.0 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
It would be helpful for the download slides to have more reference information.

Mayra R.
February 15, 2024
5.0 / 5
Webinar Rating:
5.0 Stars
Speaker Rating:
5.0 Stars
Do you have any other comments, questions or concerns?
I liked the class, and the person assisting the presenter was very nice; she provided additional information for my question on the reconciliation of quarterly payroll.

Tina K.
February 15, 2024
4.6 / 5
Webinar Rating:
4.7 Stars
Speaker Rating:
4.5 Stars
Do you have any other comments, questions or concerns?
no comment

CPE Credit

Continuing Professional Education

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.

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You must answer all questions during the webinar, view the recording completely and pass the test at the end with 70% correct answers to receive CPE credit.

HRCI Credit

Human Resource Certification Institute
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

Society for Human Resource Management
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.

RCH Credit

American Payroll Association

Aurora Training Advantage is an approved provider through the American Payroll Association. To receive credit through the American Payroll Association for this program you MUST attend the program in its entirety.

ATAPR Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in payroll.

ATATX Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in accounting.

ATAHR Credit

Aurora Training Advantage is offering continuing education points designed to recognize dedication to training and excellence in human resources.