RECORDED TRAINING COURSE
Garnishments are a requirement of doing business and having employees but juggling the requirements of different types of garnishments and federal and state laws can be exhausting. This webinar will give you tips and tools to know how to stay compliant and process garnishments Will talk about all the recent updates to Garnishment legislation due to the COVID-19 pandemic that includes what garnishments should be stopped what should continue etc. Along with challenges and risks, employers hold when not properly handling garnishments. Will review the impact of garnishments due to the recent tax reform accordingly.
Session Highlights:
- Child Support Review
- Employer Responsibility/Employee Protections
- Priority of Withholding/Multiple Orders
- Child Support withholding requirements
- Defining Income/Calculating disposable pay
- Lump Sum Payments
- Calculating Child Support Payments
- When to remit payments
- Administrative fees
- Handling terminated employees
- E-IWO (electronic income withholding orders)
- Other Child Support Concerns
- Medical Support Orders
- Details of State Requirements
- Levy Review
- Federal Tax Levies
- Forms
- Priorities
- Calculating deductions
- Special Situations
- Remittance Requirements
- Voluntary Deductions
- Other Federal Garnishments/CARES Act
- State Tax Levies
- Requirements
- State Laws
- Creditor Garnishments
Why You Should Attend:
A better understanding of the employer’s responsibilities Defines how to properly calculate Garnishment deductions. According to the law or the order or a little bit of both? Understanding lump sum reporting requirements and how to comply with Proper order of garnishment priority when an employer receives multiple orders. How to determine which law to follow state or federal? Understanding the CARES Act and how it affects student loan garnishments What is the IRS saying about federal tax levies during the COVID-19 national emergency?
Who Should Attend:
- Accountants
- Tax preparers
- Human resources professionals
- Payroll professionals
Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.
Dayna is currently the Payroll Tax Manager at PetSmart Inc. Dayna has been heavily involved in the payroll field over 15 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc.