Description
This webinar will prepare the payroll professional to understand the changes to the form W-4 for 2023 and to review the recently released draft of the 2023 W-4 Form. Before changes the Form W-4 was a critical form that all companies must obtain from employees and has had special processing requirements. A review of the IRS specific laws around processing of the Form W-4 and how they should be handled will be discussed. 2023 has continued to bring changes that this webinar will review.
Benefit of Attending:
- Understanding the proper way to process a federal W-4
- What should be the proper process for an invalid W-4 in 2023
- Proper processing and maintenance of an IRS lock in letter
- Electronic W-4 requirements and what the new form means for employers with electronic W-4 systems
- Understanding the requirements around Form W-4 and how an employer can be at risk
- IRS Form W-4 change requirements and how it affects you as an employer
- Employer notification requirements and important deadlines for both Form W-4
- Discussion on what make the Form W-4 invalid
- Review and examples on the new ways to calculate federal taxation in 2023
- Best Practices on how employers can better communicate W-4 changes to employees
Who should attend:
- Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
- Human Resources Executives/Managers/Administrators
- Accounting Personnel
- Business Owners/Executive Officers/Operations and Departmental Managers
- Lawmakers
- Attorneys/Legal Professionals
- Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues