With the roll out of a new Form W-4 in late 2019, the IRS made significant changes to employers' withholding and payroll reporting requirements. In addition to the myriad of changes brought about by COVID-19 legislation carried out through the payroll function, the IRS fundamentally revamped Form W-4 for employee reporting, doing away with the concept of allowances, and requiring changes to payroll administration and employee communications.
Anyone working with payroll
After attending this presentation you will be able to...
- Recall the changes the IRS made on the new Form W-4, including new line items not included in previous versions.
- Identify resources employers can provide to employees who requir
The major topics covered in this class include:
- Form W-4, Employee Withholding Certificate changes
- Understanding what an employer can, and cannot do with regards to Form W-4