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Form W-4 for 2025 - Course Ministry

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  The importance of the IRS Form W-4 is fundamental to the payroll department. It is the foundation for the taxation of an employee’s paycheck as well as a required IRS form.  Failure to handle the form correctly and completely can open the door to serious problems not only in properly withholding from the employee’s gross wages but could extend beyond the regulations and affect payroll customer service or employee morale. It can also lead to costly expenditures of time and budget resources to correct non-compliance consequences. So, what you can do to avoid the penalties? Course Ministry is here to resolves question like this in associate with our expert speaker Vicki M. Lambert. She will share some invaluable tips to fill out the IRS Form W-4 2025, and avoid possible errors.     Questions arise in processing the forms almost daily in a payroll department. Is it a valid form? If not, what should payroll do to correct the problem? Did the employee check the...

Post-Election 2024: Employers Prepare for 2025 Compliance Shake-Up

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  President-Elect Donald Trump is poised to expand upon policies he implemented during his first term in office, such as those emphasizing limited government, states’ rights and lower taxes. Additionally, it is anticipated that the newly elected president and his administration will target many Biden Administration policies on the environment, immigration, foreign policy and more. Many of these actions could be set forth by executive order in the initial days and weeks of a second Trump Administration. Session Highlights: ·          DOL Salary Threshold (exempt/non-exempt Classification). ·          DOL Independent Contractors Regulations. ·          Federal Trade Commission (FTC) and Non-Competes. ·          Learn what is the definition of legal activity impacting the 2024 workplace. ·   ...

Independent Contractor vs Exempt Employee: Navigating Key Differences 2024-25

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Before former President (and now President-elect) Donald Trump left office in 2020, his administration passed a rule, somewhat narrowing the definition of who and what is an independent contractor – and then the Biden Administration withdrew that rule, rolling things back to the confusing place they were under the Obama Administration. But then, due to a legal challenge the Trump Rule was reinstated – and then the Biden Administration implemented a “new” rule that took effect in March 11. That rule has itself the subject of legal challenges. If that’s not enough, with President Trump returning to the White House in January, his administration may roll back that rule. Are you dizzy yet? In this webinar we will sort that out and how, in the interim you can determine if your worker(s) is/are independent contractors or employees. Many employers believe that if their employees agree to certain pay arrangements, or agree to be classified as independent contractors, then there is no viol...

2025 FINCEN Reporting Deadline Approaches: What Businesses Must Know

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  The US Treasury has established a new beneficial ownership information reporting under the Corporate Transparency Act for businesses. The purpose of this report is to help prevent financial crimes such as money laundering, human trafficking and shell companies.   This new rule also helps minimize the burden placed on small businesses and other reporting organizations. This training will provide a comprehensive outline of the BOIR reporting rule, what must be included in the report, and the specific categories of owners. SESSION HIGHLIGHTS: ·          An Overview of The FinCen Reporting Requirements for businesses ·          Learn about the new alert that was just released by the Financial Crimes Enforcement Network and how to protect your company ·          Who is required to file and critical upcoming deadlines ·      ...

2024 Workplace Safety Concerns: How Are Employers Responding

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  Workplace violence is the act or threat of violence. It ranges from verbal abuse to physical assaults directed toward people at work or on duty. Violence can occur in any workplace and among any type of worker.   Workplace Safety is a cornerstone of any healthy work environment. However, there’s a darker side that often goes unnoticed: workplace violence . Every year, thousands of American workers report having been victims of workplace violence. In 2021-22, assaults resulted in 57,610 injuries. In 2022, 525 fatalities due to assault were reported, according to Injury Facts. Workplace Safety is a cornerstone of any healthy work environment. However, there’s a darker side that often goes unnoticed: workplace violence. Joining this class will lead you an understanding of preventive measures you can take to avoid workplace violence. The speaker will offer insights on employee assistance program, zero-tolerance policy etc. that will help you to minimize...

Overtime: California Style for 2024-25

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  California—The Golden State has a style all its own.   That is certainly true when it comes to calculating overtime. One of only four states that require daily overtime it also requires employees to be paid double time on a daily and weekly basis. With arguably the greatest number of requirements to pay overtime on the books of any state, processing payroll and keeping in compliance with California overtime laws and rules can be a complex situation. In addition to laws that are strictly Californian the Federal wage and hour laws may also apply. For example, California own definition of “regular rate of pay” or “workweek” is evolving with each court case but also still follows the federal. So, the person processing payroll in the state must understand not only California’s overtime requirements but the federal as well. Session Highlights: ·          Overtime: CA has daily and weekly overtime and daily and weekly double time. Learn ...