2011 - Payroll Best Practices: Proper Handling of Multistate Taxation - Webinar By TrainHR

Overview : Complying with the tax code, tax withholding requirements and deposit schedules for the IRS and one state is complicated enough. But for the multistate employer multiply this by 5, 10, or 20 or even 50 and it can turn into a payroll department's worse nightmare. Not only more rules and regulations to comply with but you must multiple the penalties if you make as mistake as well.

As a payroll professional you must know the taxation and reporting requirements for all states where the company has employees working or in some cases, living. Which state gets the SUI tax and which gets the income tax for a nonresident working in the state? Does the state have disability insurance and is it done through an insurance company or through a payroll deduction? Does the state follow the IRS Code for taxing Section 125 plans or not?

Are you prepared to meet these and other challenges? Join renowned payroll expert Vicki M. Lambert in this information packed webinar that covers the intricacies and requirements that must be addressed by the multistate employer.

Areas Covered in the Session:

How to determine state withholding liability

Who is a resident

How reciprocal agreements affect taxation of wages

Resident and nonresident taxation policies

The four factor test for state unemployment insurance

When you can use voluntary contributions to SUI accounts to lower your rate

Income and unemployment taxation of Section 125 and deferred compensation plans

Which states follow the Internal Revenue Code and which version

How to handle income and unemployment insurance taxation for employees working in multiple states

Supplemental withholding rates

Which states require the use of their own Withholding Allowance Certificate, which states allow either theirs or the Form W-4, and which states don’t have a form

Who Will Benefit:

Payroll Professionals

Human Resources

Accounting Personnel

Business Owners

Lawmakers

Attorneys, or any individual or entity that must deal with the complexities and technicalities overtime calculation within the payroll process.