Staying on Top of Payroll Tax Changes for 2022
1 hour 30 minutes
Stay compliant and make sure you are aware and prepared to implement the changes to payroll tax.
Many employers are faced with changes in legislation that has evolved over the last two years more than they have in the past. With pandemics and world issues companies are trying to keep up with the most current and relevant laws that impact them. This has become challenging along with the normal annual updates. This topic will give you the most up-to-date legislation and how to apply them along with relevant annual updates. Review credits that impact the Form 941 to taxable fringe benefits processing. We will also review recent deferred compensation changes and how to understand the payroll impact.
• You will be able to define the fair market value of a non-cash fringe benefit.
• You will be able to describe the COVID-19 credits and how to apply them.
• You will be able to discuss the status of the unemployment system.
• You will be able to explain the Form 941 and 7200 updates.