Payroll taxes have become an increasing burden for the average business and IRS penalties for noncompliance have risen dramatically in recent years. This course presents a comprehensive overview of federal payroll taxes, Form 1099, and related compliance issues.

Major topics include:

• Payroll tax requirements for wages, 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.
• Form 941 issues and problems, such as disability benefits, tip income, and deceased employees.
• Pension issues and payroll taxes including SIMPLE plans, and §401(k) and pension distributions.
• Statutory employees, independent contractors, and §530 relief.
• Penalties -- Who is a responsible person?
• Special issues -- Using a common paymaster, how to file W-2s after a takeover, merger, or acquisition, and state and local tax withholding.
• Moving expenses and gross-up calculations.
• The Electronic Federal Tax Payment System (EFTPS).
• Forms I-9, W-9, W-2, 1099, SS-8, and 940, and magnetic media requirements.

For complete information about this course, including pricing, please call (610) 688-4477 ext. 22 or email SmithC@cpenow.com.

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Surgent McCoy CPE, LLC
237 Lancaster Ave
Devon, PA 19333
(610) 688-4477
(610) 688-3977 (FAX)
info@cpenow.com