Quarterly and Annual forms such as the 941 and W2 are generated by your payroll system. What checks and balances can you do to prepare for the accuracy around these forms. This is not a full year-end type class but a class tha can prepare you for the entire calendar year. We will focus on how to review the accuracy of these quarterly and annual forms to transition into a smoother year end. How do you investigate your system and what can be done when your numbers don't match up. These practical tips will help prevent problems before they become amendments, notices and cause employee questions.
What You'll Learn:
- Know What to Reconcile — Learn which payroll reports, taxable wage totals, tax amounts, and records should be compared quarterly and annually.
- Validate Forms 941 and W2 — Understand practical payroll checks that can help confirm what is reported on your 941 and W2.
- Find Problems Before Filing — On top of reviewing forms learn how to recognize issues before they are filed. Learn how to establish a review process before the forms are completed.
Speaker: Andrew Berding, CPP, SHRM-CP
Executive Director, PayEdge Academy
Credits: RCH (1.0)
Duration: 60 Minutes
