Top 10 Payroll Questions You Didn't Even Know You Had

Overview

Payroll is everywhere. It is one of the most common tasks an employer can perform and can be found embedded in nearly every facet of the business and individual tax realm. For many, it is something they encounter regularly, but without any knowledge of how it really works, so it remains a black box. Join us as we un-box the Top 10 most commonly asked questions about payroll from an employer perspective. We’ll cover the answers to questions you didn’t even know you had and build on the fundamentals of payroll that will help make that black box a bit more transparent. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics in this class include:

• Questions and answers for 10 of the most commonly asked questions employers and business owners have about payroll
• Payroll taxes and payroll return requirements for employers
• Payroll-related requirements affecting employers, including overtime and bonus withholding.
• Federal and state requirements related to common payroll issues, including pay stub and pay frequency.
• Organizational and business strategies that employers should consider when running payroll, including frequency of pay, who is running payroll, how best to pay your employees, and record retention policies.

Prerequisites

None

Designed For

Appropriate for all levels of professionals who interact with payroll in any fashion, from those working directly with payroll, to those who merely have payroll-adjacent interactions.

Objectives

• Recognize commonly asked questions about payroll
• Recall answers to questions about payroll taxes and payroll tax forms
• Recognize issues related to record retention, overtime, and pay
• Recognize employee questions about bonus checks
• Identify various ways to pay employees
• Identify resources for payroll related questions
• Identify differences between federal and state payroll requirements

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by CPA Crossings.