Preparing for Year End 2022 and Year Beginning 2023

Latest update on the Form W4 for 2023! | Reconciliation of Form W-2 to Form 941 and why it must be done | Update on year-beginning annual changes for social security wage base, fringe benefit limitations, federal per diem allowance, standard mileage rate, qualified transportation fringe benefits, and more. | How to use the required year-end notice to update your employees for the coming year | Best practices on organizing the payroll department for year-end including action item checklists for Form W-2, Year-end and Year beginning to ensure a smooth process | How to handle duplicate requests for Form W-2 including charging fees | Status review of Publication 1494 for 2023 | Changes to Form W-2 for 2022 | Best practices for gathering, calculating, and reconciling W-2 data all year long as is now expected by the IRS | Taxation of fringe benefits for year-end including awards and prizes, personal use of company cars, and gift certificates | Latest update on white-collar exemptions | Electronic delivery of W-2s to employees | When to use the Form W-2c and when to correct the W-2 itself | State regulatory changes affecting payroll including SUI wage bases, minimum wage increases, and more | Review of EFW-2 record changes for tax year 2022 | Verifying employee names and SSNs | Review of filing deadlines | Third Party Sick Pay Reporting

This webinar concentrates on preparing the department for the end of the calendar tax year and the new year processing. Topics include reconciling, completing, and submitting Form W-2 federal and state; updating to annual changes from the IRS, SSA, DOL, and on the state level; and best practices that will help make the year-end and year beginning go smoother. | Payroll Executives/ Managers/ Administrators/ Professionals/ Practitioners/ Entry Level Personnel | Human Resources Executives/ Managers/Administrators | Accounting Personnel | Business Owners/ Executive Officers/ Operations and Departmental Managers | Lawmakers | Attorneys/ Legal Professionals | Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues for Year End closing and preparing for the upcoming year.

Payroll Executives/ Managers/ Administrators/ Professionals/ Practitioners/ Entry Level Personnel | Human Resources Executives/ Managers/Administrators | Accounting Personnel | Business Owners/ Executive Officers/ Operations and Departmental Managers | Lawmakers | Attorneys/ Legal Professionals | Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues for Year End closing and preparing for the upcoming year.