Customer Service: 800-778-7436     

To access your product click the Log In link at the top right of the screen. Once inside your account, you will be able to access your Packages, Self-Study Product, and Webinar Registrations.

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

The Complete Guide to Payroll Taxes and 1099 Issues (CGPT)

Tuesday, November 19, 2024
09:00 AM - 05:00 PM (Eastern)

Debbie Phillips, M.S.T., CPA

  • Format Webinar
  • Credits 8.00
  • Level Basic
  • Field of Study Taxes (8)

$279.00

Buy Now

Overview

Employment taxes are often overlooked as an area where more planning may be effective. Payroll taxes have become an increasing burden for the average business, and IRS penalties for noncompliance have risen dramatically in recent years. They have also been subject to employer incentives. The Service has announced that uncovering noncompliance by employers ranks high on its audit list. This course presents a comprehensive overview of federal payroll taxes, Form 1099, and related compliance issues.

Major Topics:

  • Payroll tax requirements for wages, including wages subject to the .9 percent tax, employee benefits and reimbursements, nonqualified deferred compensation, stock options, and tips
  • Fringe benefits issues, such as health insurance, life insurance, cafeteria plan benefits, accountable and non-accountable plans, standard mileage rates, and per diem rates
  • Special issues -- Using a common paymaster, how to file W-2s after a takeover, merger, or acquisition, and state and local tax withholding
  • Statutory employees, independent contractors, and possible changes to §530 relief
  • Penalties -- Who is a responsible person?
  • Expenses and gross-up calculations
  • Pension issues and payroll taxes including SIMPLE plans, and §401(k) and pension distributions
  • The Electronic Federal Tax Payment System (EFTPS)
  • Forms I-9, W-9, W-2, 1099, 1099-NEC, SS-8, and 940
  • Understanding payroll tax responsibilities in the gig economy

Learning Objectives

  • Distinguish an employee from an independent contractor and understand the relief available to employers who misclassify employees
  • Understand what is needed to complete Forms W-2, 1099-MISC, 1099-R, and SS-8
  • Understand the gig economy and the payroll tax responsibilities associated with it

Who should take this course:

CPAs in public accounting and industry with responsibility for payroll tax compliance

None

None

Yes

No

No

loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:

GO BACK
CHECK OUT NOW

Loading...

QAS Approval Surgent
IRS Approval Surgent
CFP Approval Surgent
CTEC Approval Surgent
CPE Webinars
CPE Webinars

Thank You!

Thank You! Your subscription has been submitted.