One thing that all businesses have in common is payroll. Payroll processing requires a variety of payroll records, all of which must be kept. The period of time that records must be kept is vary for each type of record.

Every year, payroll departments submit and receive hundreds of thousands of pieces of data. Data from the employee master file, including name and social security number, employee forms like the Form W-4, IRS reports like the Form 941, state quarterly returns for unemployment insurance, dates of employee termination, and even child support withholding orders.

This webinar will review record retention requirements by agency. Special record retention concerns will be reviewed such as how to handle records during a merger or acquisition. Legislative updates will be reviewed along with common errors employers make that can cause your company money.

This webinar will give you tools and tips to stay compliant with existing and new legislation. To be up to date on current legislation affecting payroll and legislation that has caused the payroll area to struggle and how to overcome those struggles.

What will be covered in the webinar:

• Record Retention by agency IRS, DOL, etc

• Record retention polices & procedures & the cost of a poor policy

• How to handle and be prepared for audits

• Form I-9 Record retention concerns

• Sarbanes-Oxley, Mergers & Acquisitions and how they affect your record policy

• Legislative updates in regards to the COVID Pandemic

• Common Errors to avoid that include:

• Worker Misclassification

• Overpayment Corrections

• Termination Errors

• Proper state taxation

• Taxing Fringe Benefits

• Obtaining proper substantiation

Who Should Attend :-

• Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel

• Human Resources Executives/Managers/Administrators

• Accounting Personnel

• Business Owners/Executive Officers/Operations and Departmental Managers

• Lawmakers

• Attorneys/Legal Professionals

• Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues

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

Live training course/ webinar is an Online training seminar which you can access through your computer and laptop or phone and directly interact with our expert speaker and allow to ask questions during the Live webinar. Conference material used by our speaker to the Live webinar will be provide with your Instruction kit before the Training.

Recorded webinars or On-Demand are self-paced audio-visual training program that you can watch at your own pace to earn Continuing Education Units (if applicable). Online, recorded training courses are accessible whenever you choose, for an unlimited number of times. Additionally, you have three months from the purchase date to watch as many times as you like. After a live training or webinar has started, you will receive the instructions and link to access the recorded training course. If it has already been recorded, you can access it right away.