20September |
EVENT DATEThursday, Sep 20, 2018 |
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PRESENTER(s)SkillEducators |
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Any TimeDuration : 90 Minutes |
Event Material
Training Description
This webinar will give a general overview of the types of deductions that employers take from an employee’s check. We will review the laws that surround all types of deductions you can take with or without employee consent along with properly calculation of the deductions. This webinar will give you the knowledge to be sure that how you process employee payroll deductions are in accordance with the law for both a federal and state level.
In this program, you’ll learn how to:
- Benefits Deductions
- Before tax and after tax deductions
- Cafeteria 125 Deductions
- Garnishment Deductions
- Child support limits and beyond
- Federal and State Tax Levies
- Creditor Garnishments
- Taxation
- Mandatory taxes versus courtesy taxation
- Employer Deductions
- Overpayments
- Advances and Employee Loans
- Non- Cash overpayment legality
- Cash Drawer Shortage
- Theft
- Uniforms
Benefits of the Program:
- Federal and State law reviews
- Understanding the difference between required tax deduction and tax deductions that the employer are not required to withhold
- Proper garnishment calculation based on the federal Consumer credit protection act
- How to properly refund before tax deductions
- What deductions require employee written consent
- What to be cautious of in regards to employee payroll deductions according to the State DOL
- Special IRS rules for Loan and Advances given to employees
Who Should Attend:
- Accounting Professionals
- Tax Professionals
- Benefits Professionals
- Payroll professionals
Training Format |
Industry |