22WS-1291: Surgent's Guide to Payroll Taxes and 1099 Issues (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Tuesday, December 27, 2022
Time
12:00pm
-
3:30pm
Central Time
Location
Online
CPE credits
CPE
4.0
Field(s)
of study
Taxes - Technical (4.0)
Instructor
Deborah Phillips, CPA, MST
Surgent
Fees
|
Standard Member Fee |
$159.00
|
|
Standard Nonmember Fee |
$159.00
|
Description
Employment taxes are often overlooked as an area where more planning may be effective. Payroll taxes have become an increasing burden for the average business and IRS penalties for noncompliance have risen dramatically in recent years. As a result, they have also been subject to employer incentives. The Service has announced that uncovering noncompliance by employers ranks high on its audit list. This course presents an overview of employee versus independent contractor criteria, the federal payroll taxes form, Form 1099, and related compliance issues.
Who should take this program?
CPAs in public accounting and industry with responsibility for payroll tax compliance
Major subjects
-
Statutory employees, independent contractors, and possible changes to Section 530 relief
-
Using SS-8
-
Payroll Tax Penalties-- Who is a responsible person?
-
Forms W-2, 1099, SS-8, W-4, 941, and Form 940 reporting/deposit requirements and due dates
-
Understanding payroll tax responsibilities in the gig economy
Learning objective(s)
-
Distinguishan employee from an independent contractor and understand the relief available to employees who misclassify
-
Understand the withholding requirements for FICA and federal income taxes for Forms W-2 and 1099, including back-up withholding
-
Examine employer requirements regarding Form W-4
-
Understand the gig economy and the payroll tax responsibilities associated with it
Course code
Code
22WS-1291
Sponsor
NASBA ID#: 103212
Level
Basic
Format
Group Internet Based
Prerequisites
Prereq.
None
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
