ROSELAND, NJ--(Marketwired - Sep 29, 2016) - For many employers, the last three months of the calendar year can be quite overwhelming as they prepare for routine year-end workforce activities such as distributing Forms W-2, potential changes in employer taxes, and the ongoing effects of legislative and regulatory changes.
Keeping pace with all of these tasks -- while remaining compliant -- can be daunting. To help with these efforts, ADP ® is conducting two hour-long webcasts that will offer insights on the latest changes and trends pertaining to year-end reporting, including aspects of the Affordable Care Act (ACA), unemployment insurance tax, Forms W-2 reporting and payroll.
Topics of discussion will include:
- Affordable Care Act (ACA)
- New IRS ® ACA E-File Systems and Error Notices
- IRS ACA Penalty Assessments
- Unemployment Insurance (UI) Tax
- Federal Unemployment Tax (FUTA) Changes
- Possible FUTA credit reduction and Benefit Cost Rate Assessment
- Affected states and potential outcomes
- State Unemployment Tax Changes
- Proposed expansions to quarterly wage reporting
- Update on the projected solvency of state UI trust funds
- Federal Unemployment Tax (FUTA) Changes
- Changes to Year-End Reporting
- Federal
- New IRS fraud detection initiatives affecting employers
- IRS Form W-2 verification code initiative
- Return Integrity and Compliance Services (RICS) - IRS Early Filing Program
- Electronic Federal Tax Payment System ® (EFTPS) inquiry PINS
- State
- Accelerated W-2 due dates
- Electronic filing trends
- Federal
The webcasts -- for HR leaders, finance leaders and business owners -- will be conducted at 11 a.m. and 3 p.m. ET on October 13, 2016. The sessions will be facilitated by Pete Isberg, vice president of Government Relations for ADP, and will feature several other ADP subject-matter experts with tips on smart year-end planning.
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Media Contact: Kate Rankin ADP, LLC 201 452-1803 Kate.rankin@adp.com