payroll-preparation-and-administration-best-learning

Payroll Preparation and Administration Best Learning

On Demand | Combo Offers

  • 135 minutes
  • 0 Day Left
     Jul 01, 2020 - Jul 31, 2020
  •   08:00 AM - 10:15 AM ET
    05:00 AM - 07:15 AM PT

This webinar covers the complete context of payroll rules and administration made simple. It starts with the basic classification of workers properly as Contractors or Workers. Rules for payment and administration of contractors are outlined

Payroll Preparation for Year-End

Join this session by expert speaker Mark Schwartz, where he will go through 2020 Tax Rates and Wage Limit Changes, Recap of important 2019 changes (the In-depth Contractor Definitions, New OvertimeRules, ETC}, New legislation announced by the IRS and many more.

Session Highlights:

  • Major updates for 2020 from the IRS and other agencies

  • Major points of DOL’s new overtime regulations

  • New FICA Wage limits

  • Minimum wage updates

  • State unemployment insurance rates

  • Minimum salary requirements to be exempt from overtime

  • Specific steps on how to efficiently reconcile pay periods to quarterly returns and quarterly returns to year-end forms and information returns

  • What to keep an eye out for in 2020

  • Major State and Local legislative changes

  • How to reconcile 2019 payroll returns and ledgers

  • How to properly process year-end bonuses, fringe benefits travel pay, etc.

  • Suggestions for preparing your payroll system for 2020 by the 1st pay period


Payroll Administration Made Simple: Employee Classification, Record-Keeping, New 2020 Overtime Rules and More

Join this session by expert speaker Carl Young, where he will cover the complete context of payroll rules and administration made simple. It starts with the basic classification of workers properly classified as Contractors or Workers. 

Session Highlights: 

  • Proper classification of workers as contractors or employees

  • Proper classification of employees as exempt or non-exempt under new payroll, overtime rules 2020

  • Importance of job description in the implementation of new rules

  • Proper implementation of FLSA rules

  • Proper payment under FLSA exempt and non-exempt employee rules

  • Achieving perfection and prevention consistent with the implementation of FLSA rules

  • The overall goal of perfection and prevention in payroll administration

  • Identifying workers as contractors vs. employees

  • Identifying employees as exempt from overtime using FLSA rules in the categories of

  • Executive

  • Administration

  • Professional

  • Computer professionals

  • Outside Sales Professionals

  • Salary and duties test under FLSA rules for exempt employees

  • The value of the job description and its proper preparation

  • Consideration of record-keeping, accounting& reporting policies & procedures

  • Proper payment to newly classified exempt and those that by default fall to the non-exempt category

  • How to handle non-discretionary bonuses consistent with paying overtime and the new overtime rules

  • Achieving perfection & prevention in payroll consistent with new rules

  • New overtime rules that are being proposed

  • Possible reclassification of employees from exempt to non-exempt based on the salary threshold

  • Companies must understand and implement these new rules

  • This webinar covers a review &implementation of these new rules

  • Specific review, understanding & implementation of the Dept. of Labour’s newly proposed overtime rules are covered to provide a perfect path to compliance.


*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it at your convenience.

Human Resources Speakers

Human Resources Speakers

Mark Schwartz

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.


Carl Young

Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds an MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology-based company. He has over 25 years of senior-level business management experience. In addition, he has over 25 years of training experience in finance, accounting, and business management. Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of the major consulting firm. 


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Edupliance is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 5 PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.


This webinar has been approved for 5 HR (General) recertification credit hours toward California, GPHR, HRBP, HRMP, PHR, and SPHR recertification through the HR Certification Institute. The use of this seal is not an endorsement by the HR Certification Institute of the quality of the activity. It means that this activity has met the HR Certification Institute’s criteria to be pre-approved for recertification credit.

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