Navigating the complexities of payroll tax compliance is a critical responsibility for businesses operating across multiple states. This challenge becomes significantly amplified when employees live in one state and work in another, or travel for work across various states.
Recently, in 2023, companies in different states faced substantial fines for various payroll tax compliance issues: A Kentucky company was penalized for failing to withhold state income taxes from out-of-state employees working in Kentucky, a California company was fined for neglecting to pay state unemployment insurance taxes, and a Texas company faced fines for not paying state workers' compensation premiums. These incidents underscore the importance of understanding and correctly applying multi-state payroll tax laws.
This webinar aims to elucidate these complex issues. We will explore a variety of scenarios, including detailing residency rules and the implications for employers. The importance and nuances of reciprocity agreements will be discussed, and we'll look at examples from several states, reflecting on recent events and the unique taxation laws in these states.
What you will learn from attending this webinar:
- Understanding Residency and its implications in payroll tax.
- Deciphering Reciprocity Agreements.
- Learning Resident/Non-Resident Withholding Rules.
- Evaluating taxation for multiple states - what wages are subject to taxation?
- Identifying withholding compliance issues.
- Understanding State Unemployment Insurance.
- Tax implications for Traveling Employees.
- The tax liabilities created by Telecommuting and why it's a concern for employers.
- Administrative and HR Concerns.
- Local tax residency rules.
Why Should You Attend?
In today's dynamic work environment, with employees working across state lines or remotely, payroll tax compliance has become a maze of complexities for employers. Missteps can lead to severe financial repercussions, as evidenced by recent incidents in Kentucky, California, and Texas.
Whether you are an employer, HR professional, or payroll manager, particularly those tasked with handling multi state payroll, understanding these intricacies is paramount.
This webinar will equip you with the knowledge and tools to navigate these challenges effectively, helping to ensure your business stays compliant and avoids potential legal pitfalls.
Who Should Attend?
This webinar is crucial for:
- Payroll Professionals
- Tax Professionals
- HR Professionals
- Finance Managers
- Business Owners
- Employers and Employee Supervisors
- Compliance Officers
- Professionals tasked with managing tax and payroll compliance.
While recent examples highlight incidents in Kentucky, California, and Texas, the principles discussed apply nationwide. Therefore, this webinar is beneficial for those dealing with multi-state payroll issues in any U.S. state.
Dayna is currently the Director of Payroll Operations at a major medical center in Chicago. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures.
Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll.
Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA.
Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.
Tags: Webinar, Payroll Tax, Tax Compliance, Multi-State Payroll, State Residency, Reciprocity Agreements, State Unemployment Insurance, Traveling Employees, Telecommuting, Tax Education, Dayna, Reum, July 2023, Webinar