January 6th, 2025 @ 10:00 AM EST
Join us for a practical session designed to help you start the year on the right foot. We’ll cover critical beginning of the year filing requirements, including Forms 1099 and 1042, and walk through recent payroll updates resulting from OBBB changes.
What You’ll Learn:
- Identify tax deductions available for employees earning overtime and tips.
- Explain the payroll department’s responsibility to report earnings and deductions to employees.
- Recognize common “gotcha” items that employees and employers may overlook in payroll and tax reporting.
- Review the 2026 annual limit changes affecting payroll and benefits.
- Analyze the final adjustments related to the implementation of the Secure 2.0 Act.
- Understand deadlines and compliance obligations for Forms 1099 and 1042.
- Apply strategies to avoid errors in payroll and tax reporting.
- Ensure timely submissions of required forms to maintain compliance.
Speakers:
- Tina Kirsch – Senior Manager, SD Digital
- Hailey Adams-Brown – Tax Manager, Schneider Downs
- Elena Faurie – Senior Tax Manager, Schneider Downs
Delivery Method: Group- Internet Based
Learning Level: Overview
Prerequisites: None
Advanced Preparation: None
Field of Study: ITAX (1 CPE Credit)
Contact (Registering/Technical Issues): Lindsay Sherrill
About Schneider Downs Not-for-Profit Services
Our Not-for-Profit industry group is committed to providing exceptional service and expertise to a community of clients who serve our regions tirelessly each day. We provide valuable insight to not-for-profit organizations of all sizes and their boards through our assurance, tax, advisory and technology consulting services and not-for-profit fund accounting software.
To learn more, visit our Not-for-Profit Industry Group page.
