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

Payroll Taxes and IRS Form Update for 2020 and 2021

Payroll Taxes and IRS Form Update for 2020 and 2021

1 Credit

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax Update for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-U-00478-21-S)

1 CE credit of Federal Tax Law Update for California Tax Professionals (CTEC Approved-6273) (Approval No. 6273-CE-0479)

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

1 PDC credit for SHRM Certified Professionals (Approval No. 21-7FCX7)

1 RCH credit for HRCI Certified Professionals (Approval No. 563223)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-U-00478-21-S)

1 CE credit of Federal Tax Update for Oregon Tax Preparers (Approval No. GEHNZ-U-00478-21-S)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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

Overview

  • Quarterly Tax Reporting-Form 941
    4 mins
  • 2020 Form 941
    14 mins
  • Employee Retention Credit
    16 mins
  • Paid Sick/ Family Leave Credit
    23 mins
  • When and where to provide a Form W-2
    32 mins
  • W-4 Requirements
    38 mins

Course Description

This CE Payroll Tax webinar is designed to help the participant to know updates for 2020 and 2021 necessary to stay in compliance with the IRS.  Did you know that penalties for information returns have been updated and can cost your company money if W-2’s and the required ACA forms are still required?  Or that the IRS now requested employers to report the Sick and Family Leave wages for the credit on the employee form W-2.  These kinds of items and many more will be reviewed.  We also will review the most updated information available on tax reform and the potential impact on payroll.  

Topics covered in this continuing education (CE) webinar: 

  • Form 941 & Form W-2
  • Changes to the Form 941 for 2020 and 2021
  • COVID-19 updates
  • Sick and Family Leave wages
  • Employer Retention Credit
  • Annual Taxation Updates
  • Deferred Comp
  • IRS Limits (Mileage, transportation, etc)
  • Taxation of Fringe Benefits


Click to access webinars on Latest Tax Updates | IRS Tax Resolution | Sales & Uses Tax 

Learning Objectives

  • To understand where we are in current legislation
  • To understand the possible impacts of tax reform
  • Update on where legislation is with Tax reform and what the IRS is saying.
  • Annual updates you need to be aware of
  • Form updates and how to handle them for 2020 & 2021

Who Should Attend?

  • California Registered Tax Professional
  • Certified Payroll Manager
  • Compliance Managers
  • Compliance Officers
  • 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
  • Tax Accountant (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Young CPA