Course Description
Goodbyes are
certainly hard. They are harder when it’s an employee. Even harder when you
have to write a termination letter to an employee and heartbreaking if it’s a
voluntary termination from a top performer. Several compliance issues behind
how to handle any payments to an employee after termination. Because of the complexity of payments
and laws in several states protesting terminated employees. It is important for payroll to understand
these laws to ensure compliance.
In this online CE/CPE webinar, speaker Dayna Reum will go into
detail about what employers face when paying terminated associates.
This CE course will
review everything from final pay to stock options and payments to employees
that may occur years after they terminate. Along with reviewing the difficult
situation when you have to pay terminated employees’ legal settlements. It will
also cover the tax implications and how to handle taxes are several different
types of termination pay.
Major topics covered in this CE course:
- Termination Pay-When you must pay
- Types of Term Pay
- Employment Tax Concerns
- Year End Considerations
- Terminations due to death
- Legal Settlements
- State UI Funds
- WARN Act
- Severance Payments
- SUB Plans
This CE/CPE webinar will review all aspects of paying
terminated employees and making sure they stay compliant during the termination
and after the process.
Here is the link to your interests: PDC/RCH Courses | Tax webinars.
Learning Objectives
- To review different types of term pay from vacation pay to golden parachute payments.
- To discuss stock options and deferred compensation after termination.
- To explain taxation concerns regarding payments made to terminated employees.
- To identify the timing of final pay for terminated employees including state law requirements.
- To analyze year-end concerns.
- To discuss death payments paying and reporting.
- To analyze how to handle legal settlements.
- To explain record retention concerns.
- To identify best practices.
Recommended For
- This IRS-approved CE webinar is recommended for C CPAs, EAs, AFSPs, Tax Preparers, SHRM Professionals, and Other Tax or Payroll Professionals who want to understand how to handle the termination of an employee effectively.
Who Should Attend?
- Bookkeepers & Accountants & Tax Preparers
- California Registered Tax Professional
- Certified Public Accountant (CPA)
- CPA (Industry)
- CPA - Large Firm
- CPA - Mid Size Firm
- CPA - Small Firm
- Maryland Tax Preparers
- Oregon Tax Preparers
- Young CPA
