The Complete Guide to Payroll Taxes and 1099 Issues Webinar

Aug 15
9:00 a.m. - 5:00 p.m.

Online

8-Tax
CPE Credits

Employment taxes are often overlooked as an area where more planning may be effective. Payroll taxes have become an increasing burden for the average business, and IRS penalties for noncompliance have risen dramatically in recent years. They have also been subject to employer incentives. The Service has announced that uncovering noncompliance by employers ranks high on its audit list. This course presents a comprehensive overview of federal payroll taxes, Form 1099, and related compliance issues.
Highlights

Payroll tax requirements for wages, including wages subject to the .9 percent tax, employee benefits and reimbursements, nonqualified deferred compensation, stock options, and tips
Fringe benefits issues, such as health insurance, life insurance, cafeteria plan benefits, accountable and non-accountable plans, standard mileage rates, and per diem rates
Special issues -- Using a common paymaster, how to file W-2s after a takeover, merger, or acquisition, and state and local tax withholding
Statutory employees, independent contractors, and possible changes to §530 relief
Penalties -- Who is a responsible person?
Expenses and gross-up calculations
Pension issues and payroll taxes including SIMPLE plans, and §401(k) and pension distributions
The Electronic Federal Tax Payment System (EFTPS)
Forms I-9, W-9, W-2, 1099, 1099-NEC, SS-8, and 940
Understanding payroll tax responsibilities in the gig economy

Registration

PICPA Member: $279
Nonmember: $379

More Information

Course No. CGPT-2024-01-WEBNR-228-01 Level: Basic

Prerequisites: None

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.