Course "Final Paycheck Requirements" has been pre-approved by HRCI as eligible for 1 credits towards a participant's recertification upon full completion.

*The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program.

Introduction

In this webinar we will cover the tax implications and how to handle taxes are several different types of termination pay, It is important for payroll to understand these laws to ensure compliance.

This webinar will go into detail that employers face when paying terminated associates. Will review everything to final pay to stock options and payments to employees that may occur years after they terminate.

Along with reviewing the difficult situation when you have to pay terminated employee's legal settlements. Will also cover the tax implications and how to handle taxes are several different types of termination pay.

Area Covered In The Webinar

  • Review of different types of term pay from vacation pay to golden parachute payments
  • Discussion around Stock options and Deferred compensation after termination
  • Taxation concerns in regard to payments made to terminated employees
  • Timing of final pay for terminated employees including state law requirements
  • Year end concerns
  • Discussion around death payments paying and reporting
  • How to handle legal settlements
  • Record Retention Concerns
  • Best Practices

Why should you attend?

Because of the complexity of payments and laws in several states protesting terminated employees. It is important for payroll to understand these laws to ensure compliance.

Who Will Benefit

  • Payroll Professionals

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Dayna Reum ,CPP, FPC is currently the Payroll Tax Manager at PetSmart Inc. She has been heavily involved in the payroll field over 15 years. Starting as a payroll clerk at a small Tucson company, She Know More

Dayna J. Reum