In today’s dynamic tax environment, accurate payroll reporting is more important than ever. This comprehensive CPE course is designed to arm you with the essential skills and knowledge to handle W-2 and 941 corrections with ease.
Throughout the course, you’ll gain practical insights on correcting errors on tax forms, understanding the statute of limitations, and ensuring compliance with IRS payroll regulations. Through in-depth discussions and real-world examples, you’ll learn how to resolve common mistakes on prior-year forms, fix issues with employee names and addresses, and confidently amend amounts.
You’ll also explore how to handle adjustments for multiple W-2 forms, correct Box 12 entries, and manage federal payroll tax form amendments, including addressing Form 941 underpayments and overpayments. Additionally, the course covers how to correct Form 940 and navigate changes to state and local tax forms.
Topics Covered :
W-2 and W-3 correction processes
Timing requirements for making corrections
Selecting the correct forms for various situations
Resolving common errors on prior-year forms
Federal payroll tax amendments
Addressing overpaid FICA taxes
Learning Objectives :
Understand the procedures for correcting W-2 and 941 forms.
Recognize the timing requirements for W-2 and 941 amendments.
Identify the appropriate forms for various correction scenarios.
Accurately apply corrections to current tax forms.
Resolve common errors on prior-year forms.
Effectively navigate federal payroll tax amendments.
Credits and Other information:
Recommended CPE credit – 1.0
Recommended field of study – Taxes
Session Prerequisites and preparation: None
Session learning level: Basic
Location: Virtual/Online
Delivery method: Group Internet Based
Attendance Requirement: Yes
Session Duration: 1 Hours
Who Will Benefit:
CPA
Enrolled Agents (EAs)
Tax Professionals
Attorneys
Other Tax Preparers
Finance professionals
Financial planners
About Our Speaker
Debbie Cash , CPP is a Manager of TLM Implementation at G&A Partners. G&A Partners is a Professional Employer Organization (PEO) that offers payroll, human resources, benefits management, risk management, and accounting services for businesses. G&A Partners acquired Employer Advantage LLC (PEO) in February 2022. Debbie began working for the organization in 2006 as a Payroll Tax Specialist and Time and Attendance Specialist. She was promoted to Time/Labor Manager in 2021.
