With the W-2 deadline of January 31, 2025, and the first 941 quarterly filing deadline of April 30, 2025 approaching, this course is crucial for payroll professionals who wish to ensure compliance and avoid costly errors. Understanding how to amend W-2s and 941s is an essential skill that can help avoid penalties, minimize errors, and maintain positive relationships with both employees and government agencies.
This course provides comprehensive guidance on the amendment process, equipping payroll professionals with the knowledge and tools necessary to handle corrections efficiently and accurately, well in advance of these critical deadlines.
Learning Objectives:
Upon completion of this course, participants will be able to:
• Differentiate between situations requiring a W-2C and those needing a W-2 correction
• Identify the appropriate timing for filing amendments
• Select the correct forms for 941 corrections
• Recognize and address common errors in W-2 forms
• Determine when corrections need to be submitted to the Social Security Administration
• Execute underpayment and overpayment corrections for Form 941
• Handle overpayments of FICA taxes correctly
• Navigate the statute of limitations on corrections
• Implement best practices to minimize the need for amendments
• Address corrections to employee names or addresses
• Manage corrections to Form 940
• Understand the implications of amendments on state and local tax returns
A live Q&A session will be held after the event.
Who should attend?
• Payroll Professionals
• Small Business Owners
• Bookkeepers
• Managers
• Tax Professionals
