Feeling like a tax year juggler? Balancing year-end closures while preparing for new regulations can be overwhelming. We understand your challenges and we're here to help. Our comprehensive webinar is designed to ease the stress of the year-end transition and set you up for success in 2025.
Join our expert-led session to navigate crucial tax changes and new legislation affecting payroll. We'll ensure your seamless shift from 2024 to 2025, equipping you with the latest updates and best practices for maintaining compliance and avoiding common pitfalls.
Key topics include:
• Latest changes to electronic filing thresholds for the Form W-2 for 2025!
• New look and new copies for 2025 Form W-2?
• Update on tax year changes for social security wage base, fringe benefit limitations, federal per diem allowance, standard mileage rate, qualified transportation fringe benefits, and more.
• Review of the Form 941 for 2025
• How to handle duplicate requests for Form W-2 including charging fees
• Status review of Publication 1494 for 2025
• Changes to Form W-4 for 2025
• Best practices in the new year for gathering, calculating, taxing and reconciling W-2 data all year long as is now expected by the IRS
• Taxation of fringe benefits for in the new year including awards and prizes, personal use of company cars and gift certificates
• When to use the Form W-2c and when to correct the W-2 itself
• State regulatory changes affecting payroll including SUI wage bases, minimum wage increases and more
• Verifying employee names and SSN’s
• Review of filing deadlines
• Review of federal tax legislation
Who will Benefit:
• Payroll Executives/ Managers/ Administrators/ Professionals/ Practitioners/ Entry Level Personnel
• Human Resources Executives/ Managers/Administrators
• Accounting Personnel
• Business Owners/ Executive Officers/ Operations and Departmental Managers
• Lawmakers
• Attorneys/ Legal Professionals
• Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues for Year End closing and preparing for the upcoming year.
