Payroll Legislative Update

1. www.grcts.com

2. Description: Learn the latest updates on Form W-2 and Form W-2 wage and withholding reporting. This webinar will prepare your staff for this filing year, improve your employee reporting set-up and maintenance practices, and reduce your risk of complaints from the IRS. Experienced CGMA and businessman Miles Hutchinson will review the current law and regulations regarding the filing of Forms W-2 and W-4 and will provide practical guidance in these areas that have become the subject of increasing IRS scrutiny. www.grcts.com

3. Background : Every year the government changes various employment, benefit and reporting compliance rules. As we are working to understand and comply with the Affordable Care Act, we hear rumblings of potential repeal/replacement. Is it any wonder that businesses are struggling to comply with this burdensome body of law and regulation? You can help. You can keep abreast of the changes and liaison to keep your company in compliance with utmost efficiency. www.grcts.com

4. Why Should you Attend: If you are concerned about your company’s ability to comply with U.S. labor and payroll laws, join us for a quick update and help ensure your company pays your employees fairly and handles tax and other withholdings properly. www.grcts.com

5. Areas Covered in the Webinar: • Review legal and regulatory changes for the 2016 reporting year • Benefits/credits about to expire • Retirement funding – new thresholds • Updated forms • Reporting the cost of employer sponsored health coverage – which employers are affected, when employers must begin reporting, what to report, valuation methods, etc. • How to handle expense reimbursements made to employees - reportable/taxable? www.grcts.com

6. How to efficiently execute an electronic W-4 program • Verifying employee social security numbers online • Electronic filing with the SSA using Business Services Online (BSO) – the requirements and benefits • Where to turn when you want to transmit employee copies of W-2’s electronically • What your company can do to minimize resource consumption when complying with this regulatory reporting requirement www.grcts.com

7. Who Will Benefit : • Payroll Managers • Payroll clerks • HR Managers • Information Reporting Officers • Tax Managers • Compliance Officers • Compliance Managers • CFOs • Controllers • Accounting Managers • Auditors www.grcts.com

8. Instructor Profile: By Miles Hutchinson, CGMAPresident Sales Tax Advisors, Inc. Miles Hutchinson is a CGMA and experienced businessman with over 35 years in the field. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a one billion dollar real estate development company. Miles is a professional speaker and consultant who has presented over 2,500 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act.   www.grcts.com

9. He is recognized as an expert in payroll and sales & use tax as well as financial modeling & analysis, business strategy and communications. He is the author of several useful accounting and tax tools available at www.soxpolicies.com and www.salestaxadvisors.com. His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army. Please visit his web sites to see how you can further benefit from his expertise. www.grcts.com