Payroll Deduction Mistakes to Avoid: Compliance & Best Practices
What You Must Know to Keep Payroll Errors Off Your Plate!
Instructor :
Mark Schwartz
Webinar ID:
16044
Date: JAN 20, 2025 (MON)
Start Time: 10 AM PT - 11:30 AM PT
Duration: 90 Mins.
What you will learn
-
- Learn Pre-Tax And Post-Tax Deductions And Their Benefits.
- Understand Mandatory Deductions And Their Legal Requirements.
- Communicate Mandatory Deductions And Consequences Of Non-Compliance.
- Identify Voluntary Deductions And Discuss Their Advantages With Employees.
- Understand Business-Related Expense Deductions And State-Specific Regulations.
- Avoid Common Payroll Mistakes With Best Practice Guidance.
- Review Practical Examples Of ….
-
- Learn Pre-Tax And Post-Tax Deductions And Their Benefits.
- Understand Mandatory Deductions And Their Legal Requirements.
- Communicate Mandatory Deductions And Consequences Of Non-Compliance.
- Identify Voluntary Deductions And Discuss Their Advantages With Employees.
- Understand Business-Related Expense Deductions And State-Specific Regulations.
- Avoid Common Payroll Mistakes With Best Practice Guidance.
- Review Practical Examples Of Payroll Deductions For Most Businesses.
- Comply With Wage Garnishments And Other Third-Party Deduction Rules.
- Understand Penalties And Risks For Non-Compliance With Payroll Rules.
Course Description
Navigating payroll deductions can be complex, especially as new responsibilities arise in your role.
Whether you’re new to payroll or a seasoned professional, this 90-minute webinar will equip you with the knowledge to manage payroll deductions effectively and avoid costly errors.
In this session, we’ll explore the nuances of payroll deductions and how they impact your organization’s compliance and employee satisfaction.
Key topics include:
-
- Understanding the difference between pre-tax and post-tax deductions (health insurance, retirement plans, etc.)
- Navigating payroll garnishments for unpaid taxes, court-ordered payments, and other legal obligations
- Avoiding costly payroll errors by maintaining compliance with the latest federal and state regulations
You’ll learn how to:
-
- Ensure accurate payroll processing
- Safeguard employee rights while meeting legal obligations
- Stay compliant with federal and state payroll laws
This webinar covers best practices and highlights common pitfalls that could jeopardize your compliance efforts.
By the end, you’ll be able to confidently handle payroll deductions, avoid costly mistakes, and ensure smooth, legal payroll operations.
Whether you’re in HR or payroll management, this webinar will provide the insights and strategies you need to navigate payroll deductions successfully.
Register now to secure your spot!
Navigating payroll deductions can be complex, especially as new responsibilities arise in your role.
Whether you’re new to payroll or a seasoned professional, this 90-minute webinar will equip you with the knowledge to manage payroll deductions effectively and avoid costly errors.
In this session, we’ll explore the nuances of payroll deductions and how they impact your organization’s compliance and employee satisfaction.
Key topics include:
-
- Understanding the difference between pre-tax and post-tax deductions (health insurance, retirement plans, etc.)
- Navigating payroll garnishments for unpaid taxes, court-ordered payments, and other legal obligations
- Avoiding costly payroll errors by maintaining compliance with the latest federal and state regulations
You’ll learn how to:
-
- Ensure accurate payroll processing
- Safeguard employee rights while meeting legal obligations
- Stay compliant with federal and state payroll laws
This webinar covers best practices and highlights common pitfalls that could jeopardize your compliance efforts.
By the end, you’ll be able to confidently handle payroll deductions, avoid costly mistakes, and ensure smooth, legal payroll operations.
Whether you’re in HR or payroll management, this webinar will provide the insights and strategies you need to navigate payroll deductions successfully.
Register now to secure your spot!
Why you should attend
As an employer or payroll manager, staying compliant with payroll deduction rules is critical.
Failing to follow regulations can lead to serious consequences, including fines, legal disputes, and damage to your organization’s reputation.
Here’s why this webinar is essential for you:
-
- Understand Federal and State Requirements: Payroll management isn’t just about tax withholdings. You need to know which deductions are mandatory and which are voluntary. Incorrectly withholding or making unauthorized deductions can put your organization at serious risk.
- Navigate Complex Guidelines: Federal Labor Standards Act (FLSA) rules can be tricky, especially when it comes to handling business expenses and their impact on lower-wage workers. State-specific regulations can be even stricter, increasing the complexity of compliance.
- Master Pre-Tax vs. Post-Tax Deductions: Knowing the difference between what is pre-tax and post-tax has a significant impact on accurate payroll processing. Mistakes here can lead to costly penalties and even employee debt liabilities.
- Avoid Penalties and Legal Risks: Employers frequently face issues with improper deductions, leading to fines, interest, and compliance challenges. The Department of Labor can impose severe penalties for non-compliance with FLSA rules, making it crucial to stay informed.
- Garnishments vs. Levies: Properly handling wage garnishments and understanding the nuances of levies are key to avoiding legal trouble.
Join Mark Schwartz for this comprehensive webinar on Payroll Deduction Do’s and Don’ts. He will guide you through the latest updates, best practices, and compliance strategies to ensure you stay on the right side of the law.
Don’t miss this opportunity to protect your organization from legal risks and ensure accurate payroll deductions.
Enroll Now!
As an employer or payroll manager, staying compliant with payroll deduction rules is critical.
Failing to follow regulations can lead to serious consequences, including fines, legal disputes, and damage to your organization’s reputation.
Here’s why this webinar is essential for you:
-
- Understand Federal and State Requirements: Payroll management isn’t just about tax withholdings. You need to know which deductions are mandatory and which are voluntary. Incorrectly withholding or making unauthorized deductions can put your organization at serious risk.
- Navigate Complex Guidelines: Federal Labor Standards Act (FLSA) rules can be tricky, especially when it comes to handling business expenses and their impact on lower-wage workers. State-specific regulations can be even stricter, increasing the complexity of compliance.
- Master Pre-Tax vs. Post-Tax Deductions: Knowing the difference between what is pre-tax and post-tax has a significant impact on accurate payroll processing. Mistakes here can lead to costly penalties and even employee debt liabilities.
- Avoid Penalties and Legal Risks: Employers frequently face issues with improper deductions, leading to fines, interest, and compliance challenges. The Department of Labor can impose severe penalties for non-compliance with FLSA rules, making it crucial to stay informed.
- Garnishments vs. Levies: Properly handling wage garnishments and understanding the nuances of levies are key to avoiding legal trouble.
Join Mark Schwartz for this comprehensive webinar on Payroll Deduction Do’s and Don’ts. He will guide you through the latest updates, best practices, and compliance strategies to ensure you stay on the right side of the law.
Don’t miss this opportunity to protect your organization from legal risks and ensure accurate payroll deductions.
Enroll Now!
Course Agenda
Pre-Tax vs. Post-Tax Deductions
-
- Learn which deductions are pre-tax and which are post-tax.
- Discover how to explain the benefits of reducing taxable income through pre-tax deductions to employees.
II. Mandatory Deductions
-
- Understand the legally required deductions and their purposes.
- Learn how to effectively communicate mandatory deductions to employees.
- Find out the consequences of failing to withhold mandatory deductions.
III. Voluntary Deductions
-
- Identify voluntary deductions and understand the rules and regulations surrounding them.
- Get tips on explaining the advantages and disadvantages of voluntary deductions to employees.
IV. Business-Related Expense Deductions
-
- Learn when business-related expenses can and cannot be deducted from employee paychecks.
- Find out where to access information on state-specific rules and regulations, which often differ from federal rules.
V. Common Mistakes and How to Avoid Them
-
- Explore common payroll deduction mistakes employers make and best practices to avoid them.
VI. Examples Relevant to Most Businesses
-
- Review specific examples of payroll deductions relevant to most businesses.
VII. Wage Garnishments and Third-Party Deductions
-
- Understand wage garnishments and how to comply with the associated rules.
- Learn about other third-party deductions and the correct process for withholding.
VIII. Penalties for Non-Compliance
-
- Discover the penalties for non-compliance with payroll deduction rules.
- Understand the impact of non-compliance on your organization and how to avoid it.
BONUS:
-
- PDF copy of the presentation handout for your future reference.
- Soft copy of the certificate of completion on request.
- Interactive Q&A Session: Addressing specific queries and concerns of attendees.
Pre-Tax vs. Post-Tax Deductions
-
- Learn which deductions are pre-tax and which are post-tax.
- Discover how to explain the benefits of reducing taxable income through pre-tax deductions to employees.
II. Mandatory Deductions
-
- Understand the legally required deductions and their purposes.
- Learn how to effectively communicate mandatory deductions to employees.
- Find out the consequences of failing to withhold mandatory deductions.
III. Voluntary Deductions
-
- Identify voluntary deductions and understand the rules and regulations surrounding them.
- Get tips on explaining the advantages and disadvantages of voluntary deductions to employees.
IV. Business-Related Expense Deductions
-
- Learn when business-related expenses can and cannot be deducted from employee paychecks.
- Find out where to access information on state-specific rules and regulations, which often differ from federal rules.
V. Common Mistakes and How to Avoid Them
-
- Explore common payroll deduction mistakes employers make and best practices to avoid them.
VI. Examples Relevant to Most Businesses
-
- Review specific examples of payroll deductions relevant to most businesses.
VII. Wage Garnishments and Third-Party Deductions
-
- Understand wage garnishments and how to comply with the associated rules.
- Learn about other third-party deductions and the correct process for withholding.
VIII. Penalties for Non-Compliance
-
- Discover the penalties for non-compliance with payroll deduction rules.
- Understand the impact of non-compliance on your organization and how to avoid it.
BONUS:
-
- PDF copy of the presentation handout for your future reference.
- Soft copy of the certificate of completion on request.
- Interactive Q&A Session: Addressing specific queries and concerns of attendees.
Who is this course for
Maximize The Learning Experience in A Group Setting!
-
- Payroll Managers/Supervisors
- Human Resources Managers/Professionals
- Tax Compliance Specialists
- Accounting Managers/Professionals
- Benefits Administrators
- Finance Managers/Professionals
- Small Business Owners
- HRIS (Human Resources Information System) Managers/Professionals
- Compensation and Benefits Managers/Professionals
- Payroll Administrators/Coordinators
- Executive Staff
- Auditors and Reviewers
Maximize The Learning Experience in A Group Setting!
-
- Payroll Managers/Supervisors
- Human Resources Managers/Professionals
- Tax Compliance Specialists
- Accounting Managers/Professionals
- Benefits Administrators
- Finance Managers/Professionals
- Small Business Owners
- HRIS (Human Resources Information System) Managers/Professionals
- Compensation and Benefits Managers/Professionals
- Payroll Administrators/Coordinators
- Executive Staff
- Auditors and Reviewers
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.
