What Accounts Payable (A/P) Needs to Know About Payroll and Vice Versa 2016

Why Should You Attend:

Employees are often given payments for expenses or are provided benefits that may be impractical to process through payroll. These payments are processed through AP. These payments can include such disbursements as business expense reimbursements, educational assistance, auto allowances, relocation or moving expenses, club dues, medical expenses, dependent care, employee referral awards, and suggestion awards.

Some benefits do not involve direct payment to employees but may be taxable nonetheless. These include personal use of a company vehicle, in-kind dependent care, health club memberships, employer-provided meals, length-of-service and safety awards, free use of company-provided services, cell phones, Christmas or other holiday gift certificates, and employee recognition awards. This webinar will carefully address these payments and benefits and offer best practices for payroll and AP to process them.

Areas Covered in the Webinar:

• How sharing information all year long instead of only at year end ensures greater compliance.
• Why payroll should make the call when deciding what is or is not taxable and reportable under the IRS rules and who gets the personal penalties if there is an error.
• Why payroll should come to AP for the information and not vice versa and why AP should make sure they do.
• What is the only payment off the table when it comes to taxing and reporting through payroll and why it that may not apply in all cases.
• When De Minimis applies and when it does not when it comes to taxation.
• When are moving expenses taxable and reportable and when only taxable or only reportable.
• How auto allowances may be taxable one month and not the next.
• When employee achievement awards are taxable and when they are not.
• When cell phone bills must be scrutinized for taxable wages.
• When employee achievement awards must be reported.
• How gift certificates must be handled to comply with IRS regulations.

Who Will Benefit:

• Payroll Professionals
• Human Resources
• Accounting Personnel
• Business Owners
• Attorneys
• Regulators/Lawmakers
• Any individual or entity that must deal with the complexities and technicalities within the payroll process

Instructor Profile:

Vicki M. Lambert, CPP, is president and academic director of The Payroll Advisor™, a firm specializing in payroll education and training. With over 35 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.

A pioneer in electronic and online education, Ms. Lambert produces and presents payroll related audio seminars, webinars and webcasts for clients, APA chapters and business groups throughout the country. Ms. Lambert is an adjunct faculty member at Brandman University in Southern California and is the creator of and instructor for their Practical Payroll Online program, which is approved for recertification hours by the APA. She is also the program developer, subject matter expert, and facilitator for the Certificate in Payroll Practice and Management Program offered by Cengage Learning / Ed2Go through hundreds of colleges and universities across the country.

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