Perfect Your Payroll Tax Withholding: Avoid Liabilities and Ensure Compliance
Sep 26, 2024
90 Mins
Debbie Cash
IRS CPE Credits: 1 Tax hour
Paying employees is one of the most significant expenses for any company. Employers are required to withhold and pay various payroll taxes, both from the employees’ wages and as additional employer liabilities. The complexity of payroll taxes varies based on the size of the business, its location, and where employees live and work. This webinar by payroll expert Debbi Cash, CPP aims to demystify payroll tax withholding, offering detailed insights into what must be withheld from employees' paychecks, how to determine these amounts, and how these responsibilities evolve as your business grows.
During the session, Debbie will explore the different types of withholdings required, providing a comprehensive understanding of federal, state, and local income taxes, as well as unemployment taxes. Detailed instructions will be given on how to handle these withholdings, including examples of tax withholding deposits and filing frequencies. The session will also cover what reports need to be filed and when, ensuring compliance with all regulatory requirements.
Understanding employer taxes and their compliance is crucial. Failing to pay the correct employer taxes can result in significant fines and penalties from the IRS and state or local governments. This webinar will equip you with the knowledge to avoid such liabilities, helping you navigate the complexities of payroll taxes and stay compliant.
What’s New or Different in This Training :
This training will delve into the specifics of Payroll Tax Withholding, covering all the different types of taxes, including how to determine which state to pay unemployment taxes to and understanding the wage bases of these taxes. We will provide detailed explanations of federal, state, and local income taxes, along with practical examples of tax withholding deposits and the required filing frequencies.
Debbie will also address what happens when liabilities increase or decrease and how to manage these changes effectively. Attendees will be introduced to helpful websites that offer further guidance on handling various payroll tax situations, making this session a comprehensive resource for managing payroll taxes efficiently.
Payroll Professionals, Owners, Tax Professionals, Bookkeepers, Managers
Debbie Cash, CPP is a Manager of TLM Implementation at G&A Partners. She was formerly a Payroll Tax/Time and Attendance Specialist at Employer Advantage LLC. Debbie earned an Associate's Degree in Accounting from MSSU in 1985 and a Bachelor's Degree in General Business from MSSU in 2006. She obtained her Certified Payroll Professional Certification in October 2006. She has 30+ years of experience processing payroll and payroll taxes for various different companies and professions. Debbie worked as a Payroll Specialist at Missouri Southern State University from 1993 to March 2006. She attended the International Tax Conference in Wisconsin in 2005 and specialized in International Tax for Student Visa's. She also worked for Joplin R-8 School District from 1990 to 1993.
Recorded Webinar -
Avoid Liabilities-Perfect your understanding of Payroll Tax Withholding
Recorded Webinar -
Avoid Liabilities-Intermediate Payroll for the Administrative Professional
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