November 12, 2024


Live Webcast


NYSED 4

Guide to Payroll Taxes and 1099 Issues Webcast

November 12, 2024
Live Webcast
NYSED 4
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    Instructor

    Michael
    Frost

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Learning Objectives

  • Distinguish an employee from an independent contractor and understand the relief available to employers who misclassify employees
  • Understand the withholding requirements for FICA and federal income taxes for Forms W-2 and 1099, including back-up withholding
  • Examine employer requirements regarding Form W-4
  • Understand the gig economy and the payroll tax responsibilities associated with it

Major Topics

  • Statutory employees, independent contractors, and possible changes to §530 relief
  • Using SS-8
  • Payroll Tax Penalties -
  • Who is a responsible person?
  • Forms W-2, 1099, 1099-NEC, SS-8, W-4, 941, and Form 940 reporting/deposit requirements and due dates
  • Understanding payroll tax responsibilities in the gig economy

CPE Credits Available

NYSED 4
4
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

None

Advanced Preparation

None

Intended Audience

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

Provider

Surgent McCoy CPE LLC

This event has ended.