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Payroll Withholding

Payroll Withholding: Legal Compliance for 2016

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Payroll Withholding: Legal Compliance for 2016

The IRS is in the middle of intensive payroll audits...

The IRS doesn't collect employees' taxes — you do.

In fact, employers collect more than 70% of all federal revenue through withholding — $1 trillion a year. You're also the nation's child support collector-in-chief. And don't forget employees' 401(k) contributions … they're withheld, too.

With such huge dollars at stake, you MUST get withholding right — every time. The IRS is especially on the lookout this year for even the most innocent mistakes.

WORSE: Congress made critical changes to the payroll reporting process that become effective next year. There's a lot less wiggle room for mistakes, precious little time to comply and jacked-up penalties if mistakes aren't corrected. Find out what you need to do now to stay out of the IRS' crosshairs.

Discover the secrets of withholding employees' taxes, child support, retirement contributions and more. Payroll expert Alice Gilman, Esq., the editor of Payroll Legal Alert, will show you how with Payroll Withholding: Legal Compliance for 2016.

Important: This webinar recording is especially timely because the IRS is in the middle of intensive line-by-line payroll audits to ensure that your withholding procedures are 100% correct. And it's not just the IRS. The U.S. Department of Labor has been on the prowl lately for employers that slip up on the confusing retirement contribution rules.

Use Payroll Withholding as a checklist to make sure your withholding practices are in total compliance. You will learn answers to questions like:

  • Are all those W-4s still valid? Learn the 3 circumstances that require employees to file new W-4s, and 5 situations in which you should immediately reject a W-4.
  • Are your withholding processes correct? We'll help you decipher the IRS' step-by-step instructions.
  • How do we handle supplemental pay? Plus, learn to spot the 12 different types of supplemental pay, and apply the 7 key rules for withholding on supplemental pay.
  • How do we handle garnishment orders? From child-support withholding to tax levies, learn the 5 types of garnishment orders and how to administer them.
  • We use independent contractors, so no withholding, right? That's correct ... most of the time. Discover the 4 types of organizations that can land you in the IRS' backup withholding program, and 3 crucial steps to avoid personal liability.

If your withholding process is on "autopilot,” you're likely just repeating the same mistakes every two weeks. And even if you farm out payroll to a third party, the IRS will always hold YOU responsible for any mistakes.

Spend 75 minutes now to do a thorough check-up of your withholding compliance. You could save yourself thousands of dollars in taxes and penalties — and a career black eye. Get your copy of Payroll Withholding now!

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