DESCRIPTION
Now is the time to start planning and getting yourself organized so that the entire process will be smooth and stress free, and this training session will help!
IRS has an updated Form W-2 for 2023 with key changes payroll professionals and employers need to know for timely and accurate filing.
This presentation will assist all levels of payroll professionals in learning about updated legislation for W-2 preparations. Participants will gain a further understanding of all the boxes on Form W-2 and what should be reported in each. This course will provide a brief overview of year-end and W-2 best practices that can help make year-end less of a challenge.
This important program will provide the seasoned professional with information on new legislation that needs to be addressed. We’ll also assist those new to filing Form W-2 with a box-by-box look at what must be reported and how.
Join us to discover:
- An in-depth look at the new W-2 reporting deadlines for 2023
- Updates and changes to Form W-2 electronic reporting requirements
- Legislation updates impacting the Form W-2
- Best practice to avoid costly year-end errors
- And much more!
- Updated legislation impacting the new Form W-2
- W-2 requirements for 2023 reporting
- Form W-2 box by box review
- Understanding the Form W-2 codes
- Year-end and W-2 best practices to ensure compliance
- How to complete an audit of the Form W-2 before releasing to your employees
- Validating totals between the 941 and the W-3/W-2
- How do I avoid getting a notice from the IRS?
- When do I use codes in Box 12 and are they required?
- When do I have to correct a W02?
- What are the electronic filing requirements?
- Question & Answer – Have your specific questions answered!
Who Will Benefit:
- Payroll Professionals
- Tax Professionals
- CPA
- Accounting Professionals
- Benefit and compensation Executives
- C- level Executives
- Director/Manager/Supervisor
- Owner
