Payroll Benefits and Compensation
Payroll Rules and Administration Simplified Including New DOL Overtime Rules Plus Inflation and Covid-19 Concerns and Challenges
This webinar covers the complete context of payroll rules and administration made simple. It starts with the basic classification of workers properly classified as Contractors or Workers. Rules for Payment and administration of Contractors outlined. Rules for workers classified as “Exempt” or “Non-Exempt” based on DOL/ FLSA .Rules for payments to exempt and non-exempt employees are examined. Overtime rules ..
The New I9 – Mandated Requirements for Worker Verification and Authorization
In February 2020, the USCIS released its long-announced revision of the I9. Federal law requires that every employer who recruits, refers for a fee, or hires an individual for employment in the U.S. must complete Form I-9, Employment Eligibility Verification. The Form I-9 process, managed by the U.S. Citizenship and Immigration Services, will help you verify your employee's identity and employment authoriza..
Best Practices For Multi-State Payroll
Many companies who do business in more than one State do not understand how to determine which State they must pay taxes to. They also do not understand that each State has different laws regarding residents and non-residents. This topic will give you guidelines on what factors determine which tax the employer must withhold. It will explain the differences between residents and non-residents and how to prop..
Detecting and Preventing Accounts Payable Fraud
Accounts Payable (AP) is the one business function that, in many organizations, is more vulnerable to fraud than any other. That is because all funds that flow out of the organization must first pass through AP. And over time, dishonest insiders and vendors have created newer and craftier methods of stealing from organizations by exploiting control weaknesses in the AP function.Result: It is more important ..
Employee Classification - Exempt or Non-exempt
The misclassification of employees has been a hot topic with the IRS and the Wage and Hour Department (DOL) for years. Efforts to identify and audit employers who deny proper minimum wage and overtime protections due to the misclassification of workers as minimum wage and overtime exempt have been greatly increased. The Questionable Employment Tax Practices Initiative (QETP) is a little-known program that c..
Employee Handbook 2021 Update. Includes Updated Federal, State and Local Regulations as well as Multi-State Regulations
Employers must get prepared for all the employment regulations scheduled to be effective in 2021 and beyond. Federal regulations have increased more this year than in previous years. Both Federal and State regulations have at times been at odds with each other. The Department of Labor (DOL) has increased its efforts to audit companies that have not updated their policies & workplace regulations. The oth..
False Claims Act (or Whistleblower Act) and Hospital Fraud
A whistleblower or qui tam action can provide financial rewards to individuals who provide information that a company, hospital, or individual has defrauded the government. The primary statutes under which this relief may be sought are the federal and state False Claims Acts (“FCAs”). State and federal governments pay hundreds of billions of dollars each year for pharmaceutical drugs, medical devices, hospi..
Form 1099 Compliance Changes for 2020
The IRS has introduced a new “old” form for 2020 — the Form 1099-NEC. This form was used years ago to report contract labor, but was retired after the 1982 tax season. It is now being brought back for 2020 and is where contract labor payments will now go. No longer will those payments be reported in box 7 of the 1099-MISC. This webinar will cover: who needs to file a 1099-MISC or 1099-NEC; what payments are..
Form 941 for 2018: All You Need to Know
This webinar covers IRS Form 941 and its accompanying Form Schedule B for 2018. It discusses what is new for the form in 2018 and covers the requirements for completing each form line by line. It includes the filing requirements and tips on reconciling and balancing the two forms. The webinar also covers the forms used to amend or correct the returns.Form 941 is the link between your payroll records and the..
Getting to Gross
In this webinar, attendees will learn the difference between regular pay, gross pay, and taxable gross, all of which may be different numbers! This can prepare the payroll team to respond to questions from employees who don’t understand their paychecks. We’ll discuss these questions: Do you know if any of your benefit plans are pretax? If you are in multiple states, are you aware of how each state regards S..
Google Sheets for Accountants
This course provides a concise overview of Google Sheets, a cloud-based spreadsheet application by Google. Similar to Excel, the tool allows users to enter numbers, apply formulas, prepare graphs, create charts, use pivot tables and more. While Excel is the default tool and industry standard for most accountants, Sheets has many underrated capabilities which are clearly superior to Excel. These include onli..
Implementing the New Lease Accounting Standards
In this webinar, you will learn practical tips for complying with the new guidelines for this complex area of accounting and reporting. Upon course completion, you will be able to analyze typical transactions to recognize their lease characteristics and account for and report them in compliance with the new rules.Since FAS #13 was released in November of 1976, lease accounting has been very stable in the US..
Independent Contractor vs Employee: How to Tell the Difference and Why It's Important
At the conclusion of the webinar, participants will be able to explain the difference between a contractor and an employee, and why it is important to know the difference. We will discuss what happens if the IRS re-classifies a contractor as an employee, and the possible relief available (called “Section 530” relief). We will also discuss the new Form 1099-NEC for reporting contract-labor pay. We will cover..
New Tax Credit for Paid Family and Medical Leave
In this practical webinar, you will learn how the Tax Credits and Jobs Act incentivizes paid Family and Medical Leave. We will also discuss the similarities and differences between the FMLA and the new Section 45S. We will provide you with analysis via examples of when leave qualifies for the credit in your 1st and succeeding years of eligibility.In 1993 the US Congress enacted the Family and Medical Leave ..
Outlook Best Practices: Get Organized With Microsoft Outlook
This 60 minute Get Organized with Outlook session will encourage and enlightened Outlook users on how to use Microsoft Outlook to more confidently and efficiently organize their information and commitments. Participants will learn smarter tips, tricks, and systems to better manage their tasks, follow-ups, contacts, notes, and calendar items. Don't worry, this is not a boring computer class (you'll have fun!..