Properly administering an employee’s compensation is not limited to just calculating the hourly rate times the number of hours worked. That is actually just the beginning of the path to compliance.
WHY SHOULD YOU ATTEND
Some of the compliance regulations payroll must adhere to in avoiding the payroll pitfalls were written in the 1930’s while others are as new as yesterday’s Congressional vote. Some are in a constant state of flux while others are as constant as the sun and never change. No matter what the statusyou want to avoid falling down that noncompliance payroll pit. Even a slight trip on a payroll pothole can lead to thousands of dollars in penalties. Join payroll expert Vicki M. Lambert, CPP as she explains how to avoid the potholes, missteps and deep pits of processing paychecks—from gross wages to final paychecks and more.
AREAS COVERED
- The payroll pitfalls to avoid when paying by direct deposit and paycards
- How to determine the fair market value and proper taxation for prizes and rewards when paid in means other than cash
- How to avoid the deep compliance pit of failure to calculate overtime correctly when paying an employee bonuses, prizes and rewards—whether in cash or tangible personal property
- How to account for the value of fringe benefits paid to employees
- What to do with business expense reimbursements
- When to give employee paystubs or pay statements
- What records need to be maintained to avoid potholes in your compliance
- Legal obligations of paying terminated employees —whether they voluntarily resign or are fired.
LEARNING OBJECTIVES
Even the most well run and professional payroll department can fall victim to unforeseen problems that can derail the smoothest operation. Join us in this presentation and learn what to look for so you can avoid the biggest payroll pitfalls and keep on the smooth path!
WHO WILL BENEFIT
- Payroll Professionals
- Human Resources
- Accounting Personnel
- Business Owners
- Lawmakers
- Attorneys, or any individual or entity that must deal with the complexities and technicalities of ensuring compliance within the payroll process
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
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