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

Form W-4 And Other Payroll Updates

4.7 (3)

Jason Dinesen, EA, LPA

Dinesen Tax & Accounting, P.C.

  • AFSP
  • CPP
  • CPA (US)
  • CVA
  • EA
  • HRCI
  • Tax Preparer
  • SHRM
  • CTEC
  • FPC

Published: July, 2021

Form W-4 And Other Payroll Updates

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-00109-19-S)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0083)

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

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

1 RCH credit for HRCI Certified Professionals (Approval No. 546627)

1 RCH credit for Fundamental Payroll Certification (FPC)

1 RCH credit for Certified Payroll Professional (CPP)

1 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00109-19-S)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00109-19-S)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

The topic is also scheduled as live webinar on the following dates

Sep 30, 2021 | 10:30 AM EDT Register

Overview

  • New Form W-4 changes
    4 mins
  • Form W-4: Step 2 Choices
    12 mins
  • How accurate is it?
    25 mins
  • Form 941: Refundable vs Non-refundable
    38 mins
  • The 1099-K problem
    46 mins

Course Description

On May 31, 2019, the Internal Revenue Service (IRS) released a draft of the 2020 W-4 form, and on December 5, 2019, released the final 2020 Form W-4, Employee’s Withholding Certificate that radically changes the way employee paychecks are calculated. Before changes, Form W-4 was a critical form that all companies have to obtain from employees and has had special processing requirements. The form includes major revisions, including several new input elements for federal income tax withholding calculations, which will require significant reprogramming of payroll systems.

This Online CPE Webinar will prepare the payroll professionals to understand the changes to Form W-4 for 2020 and to review the recently released draft of the 2020 W-4 Form. We will also discuss the IRS-specific laws around the processing of Form W-4 and how they should be handled will be discussed. 

This  Free online CPE webinar covers the following key topics:

  • The layout of the new Form W-4 and its requirements
  • Withholding using 2020 Forms W-4 vs withholding using pre-2020 forms
  • What to do with existing, "old" W-4s filled out by employees?
  • How to handle moving expenses?
  • Form 1099-NEC for reporting of independent contractors
  • 2020 IRS Draft Form 1099-MISC Review

This CPE webinar will prepare your staff for this filing year, improve your employee reporting set-up and maintenance practices, and reduce your risk of complaints from the IRS.

Please click here for more | SHRM and HRCI approved courses | Tax Updates | 

Learning Objectives

  • To understand the new Form W-4 and proper way to process a federal W-4
  • To understand what to do with current employees who already have a W-4 on file
  • To understand how to calculate withholding now and with the new W-4
  • To understand other payroll changes, such as the treatment of moving expenses
  • To understand changes to Form 1099-MISC and Form 1099-NEC

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • California Registered Tax Professional
  • Certified Payroll Manager
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • Entrepreneurial CPA
  • HR Professionals
  • Human Resources Manager
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Payroll Compliance Practitioner
  • Senior Accountant
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Young CPA

Testimonial

4.7

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