This webinar provides an overview of three very important forms for the payroll department. First the Form W-2 for 2024, second the Form W-4 for 2024, and finally, the IRS Form 941 and its accompanying Form Schedule B for 2024. Each of these forms plays a critical role in calculating, tracking, paying, and reporting taxes for each employee.

The Form W-2 is one of the most important documents that payroll departments must process. This webinar covers the basics of the IRS Form W-2 for 2024. We examine the requirements for completing and filing the form including a box-by-box explanation.

The importance of the Form W-4 is fundamental to the payroll department. It is the foundation for the taxation of an employee’s paycheck as well as a required IRS form. This course takes a broad look at the IRS Form W-4 for 2024 and what’s in store for payroll in the new year. This includes new wording changes, the requirements for completing the form properly, handling non-resident aliens, state equivalent forms, and record retention requirements.

Form 941 is the link between your payroll records and the IRS tax records. Proper administration of this vital form is critical if you want to avoid IRS Notices and the penalties and interest that accompany them. The Schedule B is also a crucial form for many employers.  The IRS demands that Form 941 and Schedule B match to the penny…every single time…without fail! The course will discuss what is new for the 2023 version of the form as well as the requirements for completing the form line by line.

Learning Objectives:-

• Explore the requirements for the Form W-4 for 2024
• Discover the laws and regulations that are required to be followed when completing a Form 941
• Recognize payroll’s responsibility relating to ensuring the form W-2 is processed correctly

Who Will Benefit:-

• 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