The Form W-2 is one of the most important documents that payroll departments must process. This webinar covers the IRS Form W-2 for 2024. We examine the requirements for completing and filing the form including a box-by-box explanation. The new lower thresholds for mandatory electronic filing will be reviewed. Best practices for completing and reconciling the form, and handling duplicate requests from employees are also covered. When to use the correction Form W-2c is also discussed.
What will be Covered:
For the attendee to learn and understand the 2024 requirements for the Form W-2 including:
Changes to the Form W-2 for 2024
Electronic filing thresholds for 2024
Line by line completion of the Form W-2
Reconciliation of Form W-2 to Form 941-best practices on when and why it must be done
Electronic delivery of W-2s to employees—what is required to set up the program
When to use the Form W-2c and when to correct the W-2 itself
Penalties for incorrect information have double and how that makes it imperative to verify employee names and social security number with the SSA data base
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
Ask your question directly from our expert during the Q&A session following the live event.
Speaker
Vicki M. Lambert, CPP, is President and Academic Director of The Payroll Advisor™, a firm specializing in payroll education and training. The company’s website www.thepayrolladvisor.com offers a payroll news service which keeps payroll professionals up-to-date on the latest rules and regulations.
With 40 years of hands-on experience in all facets of payroll functions as well as over three decades as a trainer and author, Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today.
A pioneer in electronic and online education, Ms. Lambert produces and presents payroll related audio seminars, webinars and webcasts for clients, APA chapters and business groups throughout the country. Ms. Lambert now presents a weekly podcast, Payroll 24/7, on all things payrolls.
Certifications
Edupf is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please portal.shrm.org.
This Program has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™, and SPHRi™ recertification through HR Certification Institute®? (HRCI®).
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