The importance of the Form W-4 is fundamental to the payroll department. Most payroll functions from beginning to end rely on the information provided on the form. It is the foundation for the taxation of an employee’s paycheck as well as a required IRS form. Failure to handle the form correctly and completely can open the door to serious problems not only in properly withholding from the employee’s gross wages, but its ramifications could extend beyond the regulations and affect payroll customer service or employee morale. It can even lead to costly expenditures of time and budget resources to correct non-compliance consequences.
Questions arise in processing the forms almost daily in a payroll department. Is it a valid form? If not, what should payroll do to correct the problem? Can the employee request a flat dollar amount on the form? Can the form designate a percentage of wages for taxes? These are the types of questions that must be answered to process the form completely and correctly. And it isn’t just the federal form that payroll must process; many states have their own version of the form or use the federal form for state tax withholding.
With this session by Vicki M. Lambert, CPP, the attendee will better understand the function and requirements of the Form W-4 and its relationship to the payroll process. This information will also allow you to identify and correct problems and errors in completing and processing the Form W-4 which will enable your payroll department to operate more efficiently and effectively. This webinar is an excellent source for those new to the payroll profession and a great refresher program for the seasoned payroll professional.
Who should attend
Vicki M. Lambert CPP
Vicki M. Lambert, CPP is President and Academic Director of The Payroll Advisor™ a firm specializing in the training of payroll professionals. With over three decades of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert is a sought-after ... More info