In an era of increasing data management demands and regulatory scrutiny, payroll professionals must navigate complex record retention requirements to ensure compliance and data security. This course addresses critical federal record-keeping regulations under the Fair Labor Standards Act (FLSA), Internal Revenue Code (IRC), and Child Support Enforcement laws.
Participants will gain insights into what payroll records must be retained, acceptable formats for storage, and retention timelines. The course also explores the impact of mergers and acquisitions, the relevance of Sarbanes-Oxley to payroll record keeping, and best practices for safeguarding sensitive payroll data.
Learning Objectives:
By the end of this course, participants will be able to:
• Identify key payroll records that must be retained under federal regulations.
• Understand the specific requirements of regulatory agencies such as the Department of Labor, IRS, and Child Support Enforcement.
• Determine acceptable formats for storing payroll records and the required retention periods.
• Evaluate the impact of mergers and acquisitions on payroll record retention policies.
• Assess whether Sarbanes-Oxley requirements apply to payroll record keeping in today’s landscape.
• Implement best practices for securing payroll data to ensure compliance and protect sensitive information.
A live Q&A session will be held after the event.
Who should attend?
• Payroll Professionals
• Human Resource Personnel
• Small Business Owners
• Bookkeepers
• Managers
• Tax Professionals
This webinar will be recorded and accessible for on-demand viewing if you are unable to attend the live session.
