Payroll is among the most common tasks an employer undertakes in the course of running their business. At its most basic level, payroll consists of an agreement between an employer and employee related to compensation for services.
DESIGNED FOR
Appropriate for professionals at all organization levels, including seasoned professionals. This includes CPAs in public practice, as well as tax professionals working in industry, including those in Controller and CFO roles with limited exposure to payroll.
BENEFITS
After attending this presentation you will be able to...
- Indicate the types of payroll taxes related to a typical payroll check
- Distinguish between federal and state payroll taxes
- Recall what makes up the components of a payroll tax deposit
- Recall payroll tax deposit filing frequency rules, and requirements
- Identify the various types of payroll tax returns employers need to file and the due dates of these forms
- Examine the interplay between payroll tax deposits and payroll tax returns
- Select correct payroll tax form for use in reporting employer payroll taxes
- Identify IRS publications that are useful resources on payroll topics for employers
HIGHLIGHTS
The major topics covered in this class include:
- The various types of payroll taxes related to compensation
- Payroll calculations related to the various of payroll taxes
- Introduction to common payroll forms
- Resources, recommendations, and guidance on compensation and payroll related topics
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None