Intro to Payroll Law and Tax Compliance
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Speaker : LAURA THESSIN
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When : Friday, May 16, 2025
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Time : 12 : 00 PM EST
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Laura Thessin, CPA, MBA
Established finance and accounting professional with over 13 years of progressive experience. She transitioned from my role as a Commercial Loan Officer with an established community bank to an executive with The Engineering Groupe, Inc. She manages the day-to-day financial operations of the organization and coordinates all financial strategic planning.
In
addition, She also teaches a senior-level auditing course at the
University of Mary Washington. She also creates content and speaks for
continuing education providers.
This presentation provides a foundational understanding of payroll law and tax compliance, tailored for HR professionals, payroll administrators, and finance managers. It covers key payroll regulations, including wage and hour laws, employee classification, and compliance with federal, state, and local payroll tax obligations. Participants will learn about their legal responsibilities regarding payroll taxes, overtime pay, benefits deductions, and reporting requirements such as IRS Forms W-2, 941, and 1099-NEC.
The session will also explore best practices for accurate recordkeeping, tax reporting, and avoiding common payroll mistakes that can lead to penalties or audits. Attendees will gain valuable insights into automating payroll processes, integrating technology for compliance, and staying informed of ever-evolving payroll regulations.
By the end of the presentation, participants will have the knowledge and tools to ensure compliant, accurate payroll operations while reducing the risk of financial penalties and legal issues.
Areas Covered
- Introduction
- Key Payroll Laws
- Employee Classification
- Payroll Taxes Overview
- Wage and Hour Compliance
- Employee Benefits and Payroll Deductions
- Payroll Reporting Requirements
- Penalties for Non-Compliance
- Best Practices for Payroll Compliance
- Common Payroll Mistakes and How to Avoid Them
- The Role of Technology in Payroll Compliance
- Conclusion
Who Should Attend
Accountants, Accounting Firms, Payroll Managers, HR Professionals
Why Should You Attend
This presentation is crucial for anyone involved in payroll processing, HR management, or finance operations. Attending this session will help you:
- Ensure Compliance: Gain a clear understanding of federal, state, and local payroll laws to avoid costly legal penalties and audits
- Understand Payroll Taxes: Learn how to correctly calculate, withhold, and report payroll taxes, including Social Security, Medicare, and unemployment insurance
- Master Employee Classification: Understand the critical differences between employees and independent contractors, as well as exempt vs. non-exempt status, to avoid misclassification errors.
- Avoid Common Payroll Mistakes: Discover common pitfalls in wage payments, overtime calculations, and tax reporting, and how to address them effectively.
- Leverage Technology: Learn how payroll software can streamline compliance and ensure accurate payroll management.
- Stay Up-to-Date: Keep current with evolving payroll regulations and best practices to minimize risks and ensure smooth payroll operations.
This session will provide you with the knowledge and tools needed to manage payroll efficiently, ensuring compliance and avoiding financial and reputational risks.
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$160.00
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