Event Details

Addressing complex issues of year-end payroll processing for government/public sector employers, this seminar provides the latest changes in legislation and regulations that affect the close of one year and the beginning of the next.

• Apply the best practices for year-end processing
• Determine what benefits are taxable and how to apply them to W-2 forms
• Understand how government employees are subject to social security and Medicare taxes
• Find out the latest that Congress has in store for payroll processing

New for 2024:

✔  State Disability Insurance and Paid Family Leave changes
✔  The latest State Unemployment Insurance taxable wage bases
✔  Annual Adjusted Federal Limits:
    •  2025 Social Security wage base
    •  2025 qualified transportation fringe benefits
    •  Health flexible spending arrangements
    •  Foreign earned income exclusion and more!
✔  Updates on the U.S. Department of Labor's final rules, including the "white collar" exemptions and joint employer regulations
✔  More guidance on SECURE 2.0 Act changes – including new information on guidance for long-term, part-time employees
✔  Recent IRS changes employers need to file correctly
✔  A customizable year-end checklist in Excel to help ensure compliance when closing out 2024!

2024 Course Brochure

Credit Information

Earn up to 6 Recertification Credit Hours (RCHs), 0.6 Continuing Education Units (CEUs), or 7 Continuing Professional Education (CPE) credits for attending a nationwide class or interactive virtual class, or earn up to 1.5 Recertification Credit Hours (RCHs), 0.15 Continuing Education Units (CEUs), or 1.5 Continuing Professional Education (CPE) credits for each webinar segment attended. Delivery Method: Group Live or Group Internet-Based Program Level: Overview. No advance preparation or prerequisites required. CPE Fields of Study: Taxes=5.5, Business Law=1.5