Garnishment Update 2021: Child Support, Tax Levies & Creditor Garnishment

Duration: 60 minutes

Speaker: Dayna J Reum

Available On-Demand

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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

ABOUT THE EVENT

Garnishments are a requirement of doing business and having employees but juggling the requirements of different types of garnishments and federal and state laws can be exhausting. This webinar will give you the tips and tools to know how to stay compliant and process garnishments Will talk about all the recent updates to Garnishment legislation due to the COVID-19 pandemic that includes what garnishments should be stopped what should continue etc. Along with challenges and risks employers hold when not properly handling garnishments. Will review the impact of garnishments due to the recent tax reform accordingly.

Areas Covered

Child Support Review
1. Employer Responsibility/Employee Protections
2. The priority of Withholding/Multiple Orders
3. Child Support withholding requirements
4. Defining Income/Calculating disposable pay
5. Lump-Sum Payments
6. Calculating Child Support Payments
7. When to remit payments
8. Administrative fees
9. Handling terminated employees
10. E-IWO (electronic income withholding orders)
11. Other Child Support Concerns
12. Medical Support Orders
13. Details of State Requirements
Levy Review
1. Federal Tax Levies
  1. Forms
  2. Priorities
  3. Calculating deductions
  4. Special Situations
  5. Remittance Requirements
  6. Voluntary Deductions
2. Other Federal Garnishments/CARES Act
3. State Tax Levies
  1. Requirements
  2. State Laws
Creditor Garnishments

Learning Objectives

Better understanding the employer responsibilities
How to properly calculate Garnishment deductions? According to the law or the order or a little bit of both?
Review of lump-sum reporting requirements and how to comply
Proper order of garnishment priority when an employer receives multiple orders.
How to determine which law to follow state or federal?
Understanding the CARES act and how it affects student loan garnishments
What is the IRS saying about federal tax levies during the COVID-19 national emergency

Who Should Attend

Payroll professionals
HR Professionals
Accounting Professionals
Tax Professionals
Benefits Professionals

Speaker(s)

Dayna J Reum

Dayna is currently the Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of Chicago. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll. Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.

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