Recorded Webinar

W-2 Know-How: Your 2025 Guide to Compliance and Accuracy

Duration: 90 minutes Speaker: Patrick A. Haggerty, EA
CREDITS:

Available On-Demand

PURCHASE OPTIONS

Individual Purchase Options
On-Demand
Available On-Demand. Watch the webinar recording multiple times for 30 days.
$179
Recording
Download link will be emailed for single user access with handouts. Available in 3-5 business days, after Live Event. Never Expires.
$199
Transcript (PDF)
PDF transcript of webinar with handouts will be emailed. Available in 7-10 business days, after Live Event. Never Expires.
$169
Group Purchase Options
Recording With License to Share
Download link will be emailed with a license to share within the organization. Available in 3-5 business days, after Live Event. Never Expires.
$799
ABOUT THE EVENT

A major task of Payroll departments is providing W-2 Forms to employees and to the Social Security Administration. The Forms must be correct, complete, and filed on time or the employer may face stiff penalties.  This webinar will cover the fundamentals of preparing and filing Form W-2, actions you can take now to reduce or prevent filing problems and errors, special reporting situations, and what to do when errors are discovered. Description

A major task of Payroll departments is providing W-2 Forms to employees and to the Social Security Administration. The Forms must be correct, complete, and filed on time or the employer may face stiff penalties.

This webinar will discuss steps to take now to prevent or reduce filing problems and errors and how to handle special filing situations. How to verify employee name/number combinations, and how to file the forms electronically as well as on paper. It will identify common and not so common errors and adjustments that affect Forms W-2 and the steps to take when errors are discovered, cover the use of Form W-2c to make corrections and the due diligence steps that can establish reasonable cause for penalty abatement.

Why You Should Attend?

Payroll taxes are a serious issue for the IRS. Two thirds of federal taxes are collected through the payroll tax system. By law, employers must withhold federal income, Social Security and Medicare taxes from employees’ wages. Employers are required to timely and correctly report this information using Form W-2 to both the Social Security Administration and to employees or face stiff penalties for non-compliance.

This webinar will provide you with information and resources you need for successful compliance with the reporting requirements and for establishing due diligence and reasonable cause for penalty avoidance when errors occur or corrections need to be made. 

Areas Covered

  • How Social Security resources can be used to prepare, submit, and correct W-2 forms
  • Due dates for filing and furnishing W-2 Forms and penalties for non-compliance
  • Penalties for late or incorrect W-2 Forms: Due diligence procedures to avoid penalties
  • Actions to take before year end to avoid employee information errors
  • Forms W-2 and W-3 line by line: What goes in all those boxes?
  • What those special Box 12 codes are all about and why they must be correct
  • Changes made to current Forms W-2 and W-3
  • The common W-2 errors, how to avoid them and how to correct them
  • What to do when an employee’s name or tax ID number is incorrect
  • Methods to reconcile to Forms 941 and what to do if differences are discovered

Who Should Attend

  • Accounting professionals who are involved in the processing of Form W-2
  • Payroll Supervisors and Personnel
  • Payroll Consultants
  • Payroll Service Providers
  • Public Accountants and Enrolled Agents
  • Internal Auditors and Tax Compliance Officers
  • Employee Benefits Administrators
  • Officers and Managers with Payroll or Tax Compliance Oversight
  • Company / Business Owners
  • Managers/ Supervisors
  • Public Agency Managers
  • Audit and Compliance Personnel / Risk Managers
38f0e7d922a183e06e18edf9f8fd871b.jpg
Patrick A. Haggerty, EA

Pat Haggerty is a tax practitioner, author, and educator. His work experience includes non-profit organization management, banking, manufacturing accounting, and tax practice. He began teaching accounting at the college level in 1988. He is licensed as an Enrolled Agent by the U. S. Treasury to represent taxpayers at all administrative levels of the IRS and is a Certified Management Accountant. He has written numerous articles and a monthly question and answer column for payroll publications. In addition, he regularly develops and presents webinars and presentations on a variety of topics including Payroll tax issues, FLSA compliance, information returns, and accounting.

ceu1.png

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

Credits: 1.5

ceu2.png

Compliance Prime is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for PDC(s) for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit www.shrmcertification.org

Credits: 1.5

ceu3.png

Compliance Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org.

Credits: 1.5

Access Unlimited Webinars

SUBSCRIBE NOW
Why You Should Subscribe?
Unlimited Live and On-Demand Courses

Watch all live or recorded webinars (up to 120 minutes long). Get instant access to a library of more than 500 high quality courses presented by best-in-class presenters.

CEUs: APA, CPE, SHRM and HRCI Credits

Fulfil your recertification requirements by earning CEUs from APA, CPE, SHRM and HRCI.

Free Access to Course Materials

Each program comes with Additional Course Materials, which you can download and read anytime.

Additional Discounts

Get flat 20% discount on Premium Product Category like, Long Hour Webinars.

Call Now At

888-527-3477

Testimonials

What people are saying about us


Maria

Client

The instructor was very detailed on the questions to ask, and the difference between what's reasonable and what's not reasonable.


Angela

Client

Gwen is ahead of the game in presenting what is needed in a timely way.


Lucious Cameron

Client

The subject matter was very interesting and the instructor was well informed. Content of the webinar was Very Helpful!


Dustin Yellin

Client

Thanks to you, we don't miss any update from my industry. I will recommend my colleagues to sign-up.


Ronald

Client

The instructor was clear and concise. The course material was also clear and concise.


Kari Annen

Client

Elga was very engaging to listen and learn from. She gave good examples to follow.

Get Unlimited Webinars, Starting $799 only!
  • Unlimited Live and On-Demand Webinars (Up to 120 Minutes Long)
  • Unlimited Course Materials
  • CEUs: APA, CPE, SHRM and HRCI
  • 20% Discount on Long Hour Webinars
  • Certificate of Participation
Choose Membership

Similar Events

https://www.complianceprime.com/uploads/img_upload/87aa67629252cf8bcd229f0cbfa237e5.jpg
https://www.complianceprime.com/uploads/img_upload/1715790246_b8ce974b8f1550eb2070.png

May 21st 2024 @ 01:00 PM ET

HOTMA Tenant Selection Plan Update
https://www.complianceprime.com/uploads/img_upload/929341bbdefdecd499432e380dcf03bc.jpg
https://www.complianceprime.com/uploads/img_upload/1668593223_a11d12744de0c3033ea0.png

Dec 13th 2022 @ 01:00 PM ET

Mastering AP Internal Controls
Event Calendar

Our Accreditation Partner