Form W-2: What you need to know and changes for 2024

The IRS provides updated tax rates and changes how taxable income is calculated each year. This webinar will assist the seasoned payroll professional on new legislation that need to be considered. This webinar will also assist the W-2 new comer to understand all the boxes on the form W-2 and what should be reported. A brief overview of year end and W-2 best practices will also be discussed. Review of the Notice 2020-54 of COVID-19 Sick and family leave credit reporting on the Form W-2 along with new guidance the IRS has given on reporting of Sick and Family leave wages for 2022.

In this program, you’ll learn how to:

• W-2 Requirements
• W-2 box by Box review
• Understanding the new W-2 codes
• Updated legislation to consider for 2022 W-2
• COVID-19 W-2 updates
• State by State discussion of special W-2 considerations
• Year End and W-2 best Practices

Benefits:

• To better understand proper W-2 filing requirement’s with the SSA
• Details around new codes added for The tax cuts and jobs act
• Better understand of the laws around how employers should provide W-2 to employees.
• Understanding special state W-2 requirements
• How to properly balance W-2’s each year

Who Should Attend:

• Payroll professionals
• Accounting Professionals
• Tax Professionals
• Compensation Professionals
• Benefits Professionals
• Senior HR Professionals,
• HR Managers & Directors,
• HR Personnel,
• CEOs
• Managers
• Team Leaders

Plus, you can also ask a question unique to your requirement during Q & A session directly from our expert speaker.

Dayna J. Reum

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.