July 28, 2017


In-Person

City of Pelham Pelham Civic Complex


8 Total CPE Credits

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Complete Guide to Payroll Taxes and 1099 Issues

  • Instructor

    Deborah Phillips

Learning Objectives

  • Distinguish an employee from an independent contractor and understand the relief available to employees who misclassify
  • Understand how to complete Forms W-2, 1099-MISC, 1099-R, and SS-8
  • Comply with the quarterly and annual reporting for employment tax deposits

Major Topics

  • Payroll tax requirements for wages, including wages subject to the new .9 percent tax, employee benefits and reimbursements, nonqualified deferred compensation, stock options, and tips
  • Fringe benefits issues, such as health insurance, life insurance, cafeteria plan benefits, accountable and non-accountable plans, standard mileage rates, and per diem rates
  • Special issues - Using a common paymaster, how to file W-2s after a takeover, merger, or acquisition, and state and local tax withholding
  • Statutory employees, independent contractors, and possible changes to 530 relief
  • Penalties - Who is a responsible person?
  • Moving expenses and gross-up calculations
  • Form 941 issues and problems, such as disability benefits, tip income, and deceased employees
  • Pension issues and payroll taxes including SIMPLE plans, and 401(k) and pension distributions
  • The Electronic Federal Tax Payment System (EFTPS)
  • Forms I-9, W-9, W-2, 1099, SS-8, and Form 940

CPE Credits Available

8
Total CPE
8
Taxes

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Tax

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs in public accounting and industry with responsibility for payroll tax compliance.

Provider

Surgent McCoy CPE

This event has ended.