This webinar will cover all of the payroll-related changed due to COVID-19. Those changes include the Employee Retention Credit and Families First Coronavirus Response Act, deferral of employee- and employer-side Social Security tax, plus changes to Form 941. These topics change as new laws come from Congress and new guidance comes from the IRS. This webinar will be up-to-the-minute with the latest guidance.
WHY SHOULD YOU ATTEND?
COVID-19 has created new payroll obligations, and potential new tax credits, for 2021. This webinar will cover those changes, plus we will review the Form 941 to see how it has changed.
LEARNING OBJECTIVES
- Employee Retention Credit Changes — major expansion for 2021, and possible retroactive claims for 2020
- Mandatory sick leave under the Families First Coronavirus Response Act
- Presidential Memorandum deferral of employee-side Social Security tax
- CARES Act deferral of employer-side Social Security tax
- Form 7200 for advance credit claims
- Form 941 changes
- Using Form 941-X for retroactive claims of credits
- Recent legislative updates
WHO WILL BENEFIT?
- Business owners
- Managers
- Office managers
- Bookkeepers
- CFOs
- Controllers
- Accountants
COVID-19 has created new payroll obligations, and potential new tax credits, for 2021. This webinar will cover those changes, plus we will review the Form 941 to see how it has changed.
- Employee Retention Credit Changes — major expansion for 2021, and possible retroactive claims for 2020
- Mandatory sick leave under the Families First Coronavirus Response Act
- Presidential Memorandum deferral of employee-side Social Security tax
- CARES Act deferral of employer-side Social Security tax
- Form 7200 for advance credit claims
- Form 941 changes
- Using Form 941-X for retroactive claims of credits
- Recent legislative updates
- Business owners
- Managers
- Office managers
- Bookkeepers
- CFOs
- Controllers
- Accountants