Preparing for Payroll Year-End

November 21, 2019 at 2:00 PM

Year-end payroll activities can be a challenge. The goal is to successfully navigate closing out the current year and implement changes for the coming year. During this webcast, tax professionals from KPMG LLP and Bloomberg Tax & Accounting are to discuss key aspects of the year-end process. Additionally, KPMG and Bloomberg Tax & Accounting are to discuss a wide-ranging collaborative report for year-end that features an interactive checklist for payroll professionals for use during this busy administrative season.

This discussion will cover:

  • Policy changes and new requirements that need to be implemented before Dec. 31, 2019
  • 2020 by the numbers: A look at changes to limits, thresholds, and rates for the new year
  • Selected areas where employers have gone wrong in past year-end filings and how to mitigate those problems
  • Leading practices to foster compliance not just for year-end, but year-round
  • How the tax-code overhaul can affect payroll in 2020

Educational objectives include:

  • Learn about best practices for year-end payroll
  • Discuss the employer requirements for the new 2020 withholding form
  • Understand Form W-2 basics—checks and balances
  • Learn about the white-collar overtime rule for 2020
  • Discuss multistate reporting and compliance
  • Provide an update on state and local paid leave

Audience: This webcast would be of significant benefit to payroll professionals, CFOs, human resources directors, CPAs, corporate tax staff, and other business and service providers working on payroll year-end.

This webinar is a collaboration with KPMG LLP.