Event Details
Year-end Preparation: How can you improve your year-end processes to be more effective and efficient while ensuring compliance? In this session you’ll find out how names and SSNs are matched and how to avoid mismatches and the possible penalties. By attending this webinar, you will learn:
- Effective strategies and procedures for year-end payroll processing
- How to ensure W-2s are ready to file by January 31 to meet SSA’s and the state filing requirements
- How to ensure that employees provide their correct names and SSNs for W-2 reporting
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 1.5 Recertification Credit Hours (RCHs) or 0.15 Continuing Education Units (CEUs) when attending this webinar.