Master Payroll & HR Recordkeeping: Compliance, Automation, and Risk Reduction
Is Your Payroll Data Audit-Proof? Learn Now!
Instructor :
Mark Schwartz
Webinar ID:
17635
Date: OCT 07, 2024 (MON)
Start Time: 10 AM PT - 11:15 AM PT
Duration: 75 Mins.
What will you learn
-
- General Recordkeeping Requirements Across Federal And State Levels
- Overview Of State-Specific Payroll And HR Recordkeeping Requirements
- Federal Acts And Their Specific Recordkeeping Requirements
- IRS Guidelines On Small Business Payroll And HR Recordkeeping
- IRS Access To Electronic Accounting And Payroll Records
- Meeting Compliance For Both IRS And FLSA Requirements
- Summary Of Record Types And ….
-
- General Recordkeeping Requirements Across Federal And State Levels
- Overview Of State-Specific Payroll And HR Recordkeeping Requirements
- Federal Acts And Their Specific Recordkeeping Requirements
- IRS Guidelines On Small Business Payroll And HR Recordkeeping
- IRS Access To Electronic Accounting And Payroll Records
- Meeting Compliance For Both IRS And FLSA Requirements
- Summary Of Record Types And Their Required Retention Periods
- Electronic Data Storage And Archiving Best Practices
- Best Practices For Handling Payroll And HR Information Requests
Course Description
Maintaining accurate payroll and HR records is critical to complying with a myriad of state and federal regulations.
In this 75-minute webinar, we’ll break down the complexities of recordkeeping in a digitally-driven world, ensuring you’re prepared for any audit or regulatory review.
Key Learning Points:
-
- Legislative Requirements: Understand the specific state and federal laws that govern payroll and HR data storage.
- Agency Compliance: Learn about the most common agencies—both public and private—that may request access to your records and how far back they may ask for.
- Best Practices: Explore practical tips tailored to your business type, helping you efficiently manage data storage and be prepared for most eventualities.
- Required Information: Discover the critical pieces of information that must be maintained for compliance, no matter the agency requesting it. You’ll learn that while there’s no specific format, having the right data is crucial.
- Electronic Recordkeeping & Archiving: Get insights into choosing the right IT systems to help you securely store, search, and retrieve data on demand—reducing your audit risk and eliminating paper records.
This session draws from expertise provided by industry-leading organizations and will leave you with actionable strategies to enhance your recordkeeping and stay compliant.
Join Now!
Maintaining accurate payroll and HR records is critical to complying with a myriad of state and federal regulations.
In this 75-minute webinar, we’ll break down the complexities of recordkeeping in a digitally-driven world, ensuring you’re prepared for any audit or regulatory review.
Key Learning Points:
-
- Legislative Requirements: Understand the specific state and federal laws that govern payroll and HR data storage.
- Agency Compliance: Learn about the most common agencies—both public and private—that may request access to your records and how far back they may ask for.
- Best Practices: Explore practical tips tailored to your business type, helping you efficiently manage data storage and be prepared for most eventualities.
- Required Information: Discover the critical pieces of information that must be maintained for compliance, no matter the agency requesting it. You’ll learn that while there’s no specific format, having the right data is crucial.
- Electronic Recordkeeping & Archiving: Get insights into choosing the right IT systems to help you securely store, search, and retrieve data on demand—reducing your audit risk and eliminating paper records.
This session draws from expertise provided by industry-leading organizations and will leave you with actionable strategies to enhance your recordkeeping and stay compliant.
Join Now!
Why you should attend
In today’s rapidly changing regulatory environment, payroll and HR recordkeeping is more than just an administrative task—it’s a critical compliance issue.
Companies face mounting pressure from various regulatory bodies, and failing to manage your records correctly can lead to audit risks, penalties, and legal complications.
This 75-minute webinar is designed to help you navigate these complexities, equipping you with practical, actionable solutions to address today’s most pressing challenges.
What You’ll Gain:
-
- Stay Compliant, Avoid Fines: Learn how long to keep payroll and HR records to avoid fines and penalties. Non-compliance isn’t just costly—it’s preventable with the right knowledge.
- Move Beyond Paper: Struggling with paper storage risks? Discover secure digital solutions that not only meet government standards but also make your job easier by reducing clutter and stress.
- Be Audit-Ready: Know the exact information you need to include in your records and how to respond to record requests from agencies like the IRS and beyond.
- Master Best Practices: Use simple, effective rules of thumb that will instantly improve how you manage records, helping you minimize risks and stay prepared for any inspection.
- Tailor Record Retention: Understand when and why you should retain some records longer than others, based on specific business and legal needs.
Why This Matters to You:
Your role demands that you manage complex data and evolving compliance standards.
Whether it’s handling requests from government agencies or preparing for an audit, the skills and strategies you’ll learn in this webinar will save you time, reduce risk, and give you the confidence to excel in your role.
Plus, the transition to electronic storage is no longer optional—it’s essential for staying competitive and compliant in a digital-first world.
Don’t miss out on the chance to proactively protect your organization from recordkeeping pitfalls and streamline your processes for long-term success.
Enroll Now!
In today’s rapidly changing regulatory environment, payroll and HR recordkeeping is more than just an administrative task—it’s a critical compliance issue.
Companies face mounting pressure from various regulatory bodies, and failing to manage your records correctly can lead to audit risks, penalties, and legal complications.
This 75-minute webinar is designed to help you navigate these complexities, equipping you with practical, actionable solutions to address today’s most pressing challenges.
What You’ll Gain:
-
- Stay Compliant, Avoid Fines: Learn how long to keep payroll and HR records to avoid fines and penalties. Non-compliance isn’t just costly—it’s preventable with the right knowledge.
- Move Beyond Paper: Struggling with paper storage risks? Discover secure digital solutions that not only meet government standards but also make your job easier by reducing clutter and stress.
- Be Audit-Ready: Know the exact information you need to include in your records and how to respond to record requests from agencies like the IRS and beyond.
- Master Best Practices: Use simple, effective rules of thumb that will instantly improve how you manage records, helping you minimize risks and stay prepared for any inspection.
- Tailor Record Retention: Understand when and why you should retain some records longer than others, based on specific business and legal needs.
Why This Matters to You:
Your role demands that you manage complex data and evolving compliance standards.
Whether it’s handling requests from government agencies or preparing for an audit, the skills and strategies you’ll learn in this webinar will save you time, reduce risk, and give you the confidence to excel in your role.
Plus, the transition to electronic storage is no longer optional—it’s essential for staying competitive and compliant in a digital-first world.
Don’t miss out on the chance to proactively protect your organization from recordkeeping pitfalls and streamline your processes for long-term success.
Enroll Now!
Areas Covered
- General Recordkeeping Requirements
- Overview of State-Specific Requirements
- Federal Acts and Their Recordkeeping Requirements
- IRS Guidance on Small Business Recordkeeping
- IRS Access to Electronic Accounting Records
- Meeting Both IRS and FLSA Requirements
- Requirements for FLSA Only
- Requirements for IRS Only
- Summary of Content by Record Type
- Electronic Data Storage and Archiving Solutions
- Best Practices for Handling Information Requests
BONUS:
-
- PDF copy of the presentation handout for your future reference.
- Soft copy of the certificate of completion on request.
- Q&A Session with the Presenter: Get your pressing questions answered verbally, via chat or email.
- General Recordkeeping Requirements
- Overview of State-Specific Requirements
- Federal Acts and Their Recordkeeping Requirements
- IRS Guidance on Small Business Recordkeeping
- IRS Access to Electronic Accounting Records
- Meeting Both IRS and FLSA Requirements
- Requirements for FLSA Only
- Requirements for IRS Only
- Summary of Content by Record Type
- Electronic Data Storage and Archiving Solutions
- Best Practices for Handling Information Requests
BONUS:
-
- PDF copy of the presentation handout for your future reference.
- Soft copy of the certificate of completion on request.
- Q&A Session with the Presenter: Get your pressing questions answered verbally, via chat or email.
Who is this course for
Experience the benefits of this training individually and maximize them in a group setting!
-
- HR Manager
- Payroll Manager
- HR Director
- Compliance Officer
- Payroll Administrator
- HR Specialist
- Finance Manager
- Small Business Owner
- HR Compliance Manager
Experience the benefits of this training individually and maximize them in a group setting!
-
- HR Manager
- Payroll Manager
- HR Director
- Compliance Officer
- Payroll Administrator
- HR Specialist
- Finance Manager
- Small Business Owner
- HR Compliance Manager
Instructor Profile
Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that means to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and a wide variety of benefits.
Mr.Schwartz provides consulting services encompassing payroll processing and payroll tax issues. These include payroll tax minimization, payroll tax compliance reviews, independent contractor studies, use of electronic transfers, deductions, benefits, etc. Mark has represented both clients and the State in front of the State Appeals Board. He understands the complexities of local wage laws, unemployment and disability claims, and other wage and benefit issues affecting your employees.
Mark prides himself on his outstanding customer service skills. He listens attentively to his clientele, helping them bridge the gap between the small business world and Government bureaucracy. He eagerly assists with clients needs and feels that educating clients toward faster, accurate and more complete payroll processes provide the most value.
Mark is a participating member of the American Payroll Association. He earned his BA and MBA in Finance at Santa Clara University. He has held Certified Internal Auditor and Certified Investment and Derivatives Auditor Credentials. Mark is currently pursuing a Certified Payroll Fundamentals Credential with the American Payroll Association.
