Form 941 for 2021 – The Information You Need to Know

This webinar covers the IRS Form 941 and its accompanying Form Schedule B for 3rd Quarter of 2021.  It discusses what is new for the latest version form in 2021including all changes recently made by the Consolidated Appropriations Act of 2021 as well as the requirements for completing each form line by line. It includes …

W-2s vs. 1099s – Who Should be an Independent Contractor in 2021

Overview: This webinar examines what the requirements are to correctly classify a worker as an independent contractor and also the requirements for when a worker must be classified as an employee.   Background: Misclassifying employees and independent contractors are getting costlier by the day. With federal and state agencies joining forces to combat misclassification, fines …

Staying on top of payroll tax changes

Many employers are faced with changes in legislation that has evolved over the last two years  With Pandemic’s and world issues companies are trying to keep up with the most current and relevant laws that impact there compliance with the IRS.  Employers are also looking for eligible tax credits to assist them in obtained or …

Garnishments – What Payroll Doesn’t Know Can Hurt You

Overview This webinar concentrates on the basics of processing garnishments in the payroll department.  It covers the federal rules for creditor garnishments, the IRS rules for federal tax levies, the various aspects of state tax levies, the key points for processing state creditor garnishments, how to handle voluntary wage assignments such as payday loans and …

Line by Line Form 706 Preparation

Form 706 is unlike any other tax return and requires thorough understanding of what makes up the Gross Estate, which Deductions are permissible, and how to allocate the lifetime Estate Tax and Generation Skipping Tax Credit. Additionally, Portability and QTIP elections must be made in a timely manner enabling clients to save thousands of tax …

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