This webinar explores the essential aspects of payroll deductions, from understanding mandatory taxes to navigating voluntary fringe benefits. We tackle common dilemmas faced by payroll professionals, such as overpayments, uniform expenses, and creditor garnishments. Led by seasoned expert in payroll management, Vicki Lambert, this course equips you with the knowledge to navigate complex regulations, avoid penalties, and ensure compliance with state and federal laws.
Key Learning Objectives:
• Gain insight into mandatory and voluntary taxes, including their implications for both employers and employees.
• Navigate the intricacies of child support deductions, tax levies, and creditor garnishments, ensuring compliance with legal limits.
• Understand the nuances of voluntary wage assignments for items like "payday loans" and their impact on payroll processing.
• Master the handling of fringe benefits, including health insurance deductions under medical support orders.
• Learn the rules governing uniform expenses, meal and lodging deductions, and their relevance to minimum wage requirements.
• Explore strategies for managing shortages, breakages, and overpayments in accordance with state and federal laws.
• Understand the complexities of advanced vacation pay and loans to employees, including repayment terms and termination procedures.
• Familiarize yourself with anti-wage theft laws and their implications for payroll practices across different states.
Who Should Attend:
• Payroll Executives, Managers, Administrators, and Practitioners
• Human Resources Executives and Administrators
• Accounting Personnel
• Business Owners, Executive Officers, and Departmental Managers
• Legal Professionals, including Attorneys and Lawmakers
• Anyone responsible for managing employee payroll and compliance with wage deduction regulations.
This event was recorded live on March 1st, 2024, and is updated to ensure compliance.