Full-day Virtual Seminar: Critical Factors and Complexities in Payroll 201

Why You Should Attend:

The payroll professional must deal with rules and regulations from the Department of Labor, the Internal Revenue Service and the state equivalent of each of these. When you get beyond the basic rules, the regulations become more complex and demanding. For example, how to withhold social security taxes is basic. But knowing how to handle social security taxes as it pertains to an overpayment of wages made in previous tax year is quite complex. The payroll professional at the intermediate level must know how to handle this type of situation.

This webinar will help the attendee increase their efficiency and compliance knowledge beyond the basic payroll skills.

Learning Objective:

The information provided in this program will help the attendee to increase their knowledge of payroll procedures and compliance regulations beyond the mere basic skills. Use of the information presented can significantly increase the attendee’s knowledge in the payroll profession to the intermediate level.

Areas Covered in the seminar:

• How to pay white collar exempt employees properly using the salary basis rule?
• How to dock a salaried employee correctly under the FLSA?
• How to handle FMLA leave and an exempt employee's salary?
• Travel pay—when is it time worked.
• How vacation, sick pay or holidays affect overtime and hours worked?
• Does an employee who is paid on a fluctuating workweek basis need to be paid overtime.
• Calculating weighted averages for multiple hourly rates when an employee works overtime.
• Proper taxation of fringe benefits including: personal use of a company car or aircraft; auto allowances; moving expenses; third party sick pay; meals and lodging; memberships; stipends; gift cards; and cell phones.
• Using the special accounting rule for fringe benefits correctly.
• Proper taxation of multistate employees.
• Taxation and reporting of tips.
• Handling expatriates, resident and nonresident aliens correctly for taxes.
• Identifying and reporting abandoned wages.
• Proper handling under the IRC of overpayment of wages.
• Reconciling the payroll each quarter and at year end to ensure accurate reporting to the IRS.
• Completing and correcting Forms 940, 941, and W-2.

Agenda: (All time in PST)

FLSA 201 (8 am to 8:45 am)

• White collar exemptions special payroll problems
  • Paying on salary basis
  • Docking salaries correctly
  • FMLA leave
• Compensable time issues
  • Travel pay—when is it time worked
  • Hours not worked and how they affect overtime
    • Vacation
    • Sick leave
    • Holidays
• Fixed and fluctuating work weeks—paying overtime properly
• Using weighted averages to determine overtime rate when an employee is paid multiple rates of pay

Taxation of Employer Provided Fringe Benefits (8:45 am to 9:45 am)

• Moving expenses
• Vehicles
  • Personal use of a company car
  • Personal use of a company aircraft
  • Business use of  a personal vehicle/auto allowances
• Third party sick pay
• Meals and lodging
• Stipends
• Memberships
• Loans
• Gift cards
• Cell phones
• Using the special accounting rule

Morning Break (9:45 am to 10:00 am)

Special Situations (10:00 am to 11:45 am)

• Proper taxation of multistate employees
• Taxation and reporting of tips
• Handling expatriates correctly
• Taxing and reporting for resident and nonresident aliens
• Proper procedures for identifying and reporting abandoned wages
• How to handle overpayments made to employees under the IRC

Lunch (11:45 am to 12:45 pm)

Federal Tax Reporting, Reconciling and Correcting (12:45 pm to 1:45 pm)

• Form 940
• Form 941
• Form 941X

Afternoon Break(1:45 pm to 2:00 pm)

Federal Tax Reporting, Reconciling and Correcting … continued (2:00pm to 2:45pm)

• Form W-2
• Form W-2c
• Reconciling the payroll

Question and answer session (2:45 pm to 3:00 pm)

Who will Benefit:

Payroll managers, payroll supervisors,  and those payroll professionals who aspire to increase their payroll proficiency and knowledge, or any individual that must deal with the complexities and technicalities of the payroll process at the intermediate level.

Instructor Profile:

Vicki M. Lambert, CPP is president and academic director of The Payroll Advisor™ a firm specialized in the training of payroll professionals. With over 30 years of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today.

Ms. Lambert has lectured extensively on payroll administration and compliance issues for clients that have included Automatic Data Processing, CCH Incorporated, Ceridian Employer Services, and The Employer Group. Ms. Lambert has also served as a consultant and in-house trainer for businesses such as Sun Microsystems, Paychex, Fox Studios, Disney, County of Riverside, and City of Hesperia.

Ms. Lambert conceived of, created the teaching and student manual, and coordinated the program for the certificate in Payroll Practice and Management that has been offered on site through the Extended Education Offices of Chapman University, California State University Long Beach; NationalUniversity; and CaliforniaStateUniversity, Northridge. Through Ms. Lambert’s innovation, the Payroll Practice and Management Online Program is now or has been offered at Pierce College in WA, Brandman University in CA, Aims Community College in CO, Rock Valley Community College in IL, Bucks County Community College in PA, and in over 400 other colleges and universities nationwide through Cengage Learning/Gatlin Education Services.

Ms. Lambert currently produces and presents audio seminars and webcasts for clients and business groups throughout the country.

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