Payroll Recordkeeping Requirements
Duration : 60 Minutes
Dayna J. Reum,
Dayna Reum ,CPP, FPC is currently the Director of Payroll Operations at Ann & Robert H. Lurie Children's Hospital of Chicago . She has been heavily involved in the payroll field over 18+ years. Starting as a payroll clerk at a small Tucson company, She moved on to be a Payroll Team Leader at H Read more
Payroll has several agency and laws to consider when deciding what records to keep and how long they should be kept. To have an in-depth review of recordkeeping requirements by agency and ACT when applicable. Also how to handle audits. Details of electronic requirements as well.
Course Objectives:
Building a policy that is strong enough the protect employers. Along with a better understanding of what is can cost an employer to have a poor record keeping system? Details of records from each agency and what audit points to watch for if you are audited by any of the government agencies. Will also give reference to the state recordkeeping requirements for tax and unclaimed properties. Special situations like mergers and acquisitions will be discussed.
Course Outlines:
• Payroll Record Keeping Requirements by agency
o IRS-Internal Revenue Service
o DOL-Department of Labor
• Keys to good record retention polices & procedures
• Consequences of poor record retention polices
• How to handle and be prepared for audits
• Special Retention Concerns
o Form I-9
o Sarbanes-Oxley
o Mergers & Acquisitions
• State Retention Requirements
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 Tax Professionals
• Payroll Department
• Controllers
• Accounting Department
• HR Department
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
