Description

RECORDED TRAINING COURSE 1.5 CEUs HRCI Approved

The draft of the revised Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund, was released July 27 by the Internal Revenue Service. The proposed changes were expected because the agency recently revised the 2020 Form 941, Employer’s Quarterly Federal Tax Return, and the accompanying instructions to accommodate reporting data on employment tax relief related to Covid-19.

Session Highlights:

By Form 941X
BasicsDeadlines for Filing Form 941x
Form 941X Line by Line Review
COVID-19 updates and how to fix for the new credits
Line by line detail of the new Form 941X
What are the legal deadlines for completing the 941X
Review of the COVID-19 Credits and how to fix them with the 941X
How to know properly claim underreported taxes or over-reported taxes.
Does the 941X always accompany a W-2C and how to know the difference

Why Should You Attend:

The new Form 941 released for Q2 2020 to include all the COVID-19 credits was a huge challenge to employers, but deadlines with the IRS remained the same. Some employers found out after they filed to make the deadline that they did it wrong. Now employers are asking how do I fix my mistakes. This webinar will review the new Form 941X and how it should be properly completed.

Who Should Attend:

All Employers
Business Owners
Company Leadership
Compliance professionals
Payroll Administrators
HR Professionals
Managers/Supervisors
Employers in all industries
Small Business Owners
All Employers
Large Business
Owner

**Recorded Version: Unlimited viewing for 365 days ( Access information will be emailed 36 hours after the completion of live webinar).

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.