Company benefits offered to employees create varied tax withholding requirements on the Payroll department.  The webinar will cover the primary benefits offered by employers and steps the Payroll department can take to ensure they remain in compliance from a tax withholding perspective.

Individuals responsible for the processing of Payroll will be given a view of a variety of benefits offered by organizations to their employees and steps they can take to avoid processing incorrect pay checks and prevent violations of the tax laws.   In addition, they will learn proven techniques to reduce employee questions and improve their efficiency regarding employee benefits.  Individuals will learn how they personally can select the lowest cost benefit plan when their organization offers several options to choose from.

Session Highlights:

• What does the Payroll department need to do to stay in compliance with the tax impact of Section 125 plans and other pre-tax deductions on an employee’s pay?
• How does a Nonqualified Deferred Compensation Plan impact a 401(k) Plan offered by the same employer and what are the responsibilities of the Payroll department to stay in compliance with the plan documents?
• How does a Payroll department use gross-up to their advantage?

Who Should Attend?

• Payroll department staff (all levels)
• Finance/Accounting Executives
• Human Resources Executives
• Accountant
• CPA