Handling payroll deductions or employee wage deduction is a complex task. But payroll must get it right every time for every pay check. Failure to deduct proper taxes can invite penalties on the employer by the IRS. On the other hand, making an illegal wage deduction for a fringe benefit or for collecting an overpayment can result in a visit from the federal or state DOL auditor, or both.
After calculating gross wages for an employee is accomplished, much more difficult decisions have to be made. What must an employer deduct from on employee’s wages? What can be deducted legally? What can never be deducted? These questions and more must be answered correctly before processing that paycheck. And if this is the employee’s final check…the rules may change! Though everyone knows that payroll deducts for federal and state taxes, how much input does the employee have concerning these deductions is again a confusing area. Fringe benefits are a normal part of payroll for most employees. Deducting for voluntary fringe benefits such as health insurance or group term life can usually be an easy task. But what about health insurance under a medical support order? Does that change how it is processed by payroll?
This webinar by payroll expert Vicki M. Lambert, CPP, will provide answers to your many questions and dilemma in payroll deduction in 2017. You’ll understand which taxes are mandatory, courtesy and which one are controlled by employees. The session will also discuss how to process voluntary and involuntary health insurance deductions. You will come to know about deductions on basis of uniforms and meals/lodging, etc.
Vicki will focus on providing answers to the following questions among others in this informative 100-minute presentation:
Who Should Attend
Payroll and human resources professionals who must determine what deductions can and should be made for an employee’s regular paycheck or their final paycheck
At the Q&A session following the live event, ask a question and get a direct response from our expert speaker.
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