2023 Form W-4 Changes - Payroll Updates

This webinar looks more closely at the IRS Form W-4 for 2023 and what the coming year will bring for payroll. This covers everything from correctly filling out the form to dealing with non-resident aliens, using state-specific forms, keeping records, and processing the form electronically rather than on paper. Also, our speaker will talk about the department's best practices for processing data more quickly.

This webinar will prepare the payroll professional to understand the changes to the form W-4 for 2023 and to review the recently release in W-4 Form. Before changes the Form W-4 was a critical form that all companies must obtain from employees and has had special processing requirements. A review of the IRS specific laws around processing of the Form W-4 and how they should be handled will be discussed. 2023 has continued to bring changes that this webinar will review.

Key Areas Covered in the Session:

· Understanding the proper way to process a federal W-4

· What should be the proper process for an invalid W-4 in 2023

· Proper processing and maintenance of an IRS lock in letter

· Electronic W-4 requirements and what the new form means for employers with electronic W-4 systems

· Understanding the requirements around Form W-4 and how an employer can be at risk

· IRS Form W-4 change requirements and how it affects you as an employer

· Employer notification requirements and important deadlines for both Form W-4

· Discussion on what make the Form W-4 invalid

· Review and examples on the new ways to calculate federal taxation in 2023

· Best Practices on how employers can better communicate W-4 changes to employees

Who Should Attend :

· Payroll Professionals

· Payroll Service Providers

· Tax Compliance Officers

· Enrolled Agents and Public Accountants

· Employee Benefits Administrators

· Officers and Managers with Payroll or Tax Compliance Oversight

· Company / Business Owners

· Managers/ Supervisors

· Public Agency Managers

· Audit and Compliance Personnel

Instructor

Dayna Reum

Payroll Expert

Dayna is currently the Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of 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.

Credits

Frequently Asked Questions

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