CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Amending Forms W-2 and 941

  • AFSP
  • CPA (US)
  • EA
  • HRCI
  • Tax Preparer
  • SHRM
  • CTEC
Amending Forms W-2 and 941

1 Credit

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00488-21-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0488)

1 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

1 PDC credit for SHRM Certified Professionals (Approval No. 21-KS735)

1 Business Credit credit for HRCI Certified Professionals (Approval No. 559159)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00488-21-O)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00488-21-O)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

No one wants to have to amend tax forms but no matter how many precautions you take to avoid it, there will always be a time that you will need to do an amendment. The material in this CPE webinar will help you how to collect the information needed to complete W-2 corrections as well as file the amended 941 forms and any additional state and local tax filings.

The CPE webinar for CPAs will discuss specific types of errors found on form W-2 and provide guidance on how to make the necessary corrections. It will provide information on amending both current year and prior year corrections. Failure to properly amend corrected forms and payroll tax filings may result in additional tax, penalties and interest. This online webinar will help payroll departments avoid penalties and time consuming responses to follow up questions from the IRS and other taxing jurisdictions.

Key Topics covering Amendment of W-2s and 941s included in the webinar:

I. W-2 and W-3 Corrections

  1. Statute of Limitations on Corrections
  2. Timing to provide corrections to employees/SSA
  3. Correct forms to use

II. Corrections on Current Forms

  1. W-2C or Corrected W-2
  2. Adjustments to 941 and 940
  3. Timing to send out corrections and reports

III. Corrections to Common Errors for Prior Year Forms

  1. Employee Name Corrections
  2. Employee Address Corrections
  3. Multiple W-2 Forms Corrections
  4. Box 12 Entry corrections

IV. Federal Payroll Tax Form Amendments

  1. Form 941- Underpayments
  2. Form 941- Overpayments
  3. Form 940 Corrections

V. Other Considerations

  1. Overpaid FICA Taxes
  2. Correcting State Tax Forms
  3. Corrections to Local Taxes

Click for more online CPE/CE courses:

IRS Audit, Representation, and Resolutions

AFSP CE Package (Incl. AFTR Course and Ethics)

EA CE Package (Incl. Federal Tax Updates and Ethics)

California CPA Package (Incl. 2 hrs of CARR & 4 hrs of Ethics)

Package for Tax Practitioners (Incl. 2 hours Ethics)

Law and Regulations Package for SHRM

Business Credits Package for SPHR/ HRCI Professionals

Learning Objectives

  • To determine when an amendment needs to be filed.
  • To explore which fields to complete for the amendments.
  • To identify what other amendment forms need to be filed.
  • To review your documentation to properly file your amendments.

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • California Registered Tax Professional
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • HR Professionals
  • Human Resources Manager
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Young CPA

Testimonial

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MS

very informative