Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance Read more
This webinar will cover changes for 2021 and 2022 relating to payroll and business taxes. Much of our time will be spent on the new Form W-4 for withholding from employee paychecks. The new W-4 for 2022 is completely redesigned and is much different from the old W-4. We will also cover other payroll topics, such as handling employee moving expenses, accountable plans, and per diem rates. Form 1099-MISC is changing as well — 2021 was the last year you reported contract labor on the 1099-MISC. Starting with the 2022 tax year, you will use the new Form 1099-NEC instead. We will also cover a basic overview of business tax changes , including the new partnership audit rules, basis tracking, and the qualified business income deduction.
Course Outline:
• What’s new with payroll
• Form W-2 changes for 2021
• New Form W-4
• How withholding works with the new W-4
• Does everyone need to fill out a new W-4?
• Changes with the 1099-MISC
• New Form 1099-NEC for the tax year 2022
• Business tax changes
• Partnership audit rules
• Partnership basis tracking
• The qualified business income deduction
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Payroll Professionals
• Office Managers
• HR Professionals
• Business Owners
• Accountants
• CPAs
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