Thursday, November 30, 2017

IRS Form 941 Reporting Update

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IRS Form 941 Reporting Update
December
 
12
1 pm - 2:15 pm ET
Presenters: Edward James Leyden, Owner of Leyden Law LLC and Kurt Lawson, Partner at Hogan Lovells US LLP
Credits: CPE, IRS EA, CLE in all states (Credit Details)
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Course Description
 
In this practical webinar, you'll receive step-by-step guidance on Form 941 and other related forms that lie at the heart of the IRS's employment tax collection system. You'll learn how to navigate employers' tax obligations and reporting requirements under the employment tax rules. Upon successful completion of this course, you will be able to:
  • Describe employment tax and withholding requirements, including:
    • The employment tax return requirement
    • Deposit requirements
    • Due dates and de minimis rules
    • Information reporting requirements
  • Identify methods of withholding
  • Define the concepts of "Employer," "Employee," and "Wages"
  • Describe PEOs and settlement payments
  • Distinguish among the forms used for various types of employment taxes
  • File returns electronically
  • Manage special situations such as employee termination and mergers
  • Recognize compliance issues, including:
    • How to correct errors on prior returns and obtain refunds
    • Administrative rules and remedies
    • Refund suits and employee notice requirements
    • Interest and penalties
    • Special rules in misclassification situations
    • Interest on late payments and interest-free adjustments
  • Classify the different types of penalties, including both state and criminal
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About The Presenters
 
Edward James Leyden is the Owner of Leyden Law LLC in Bowie, Maryland. Mr. Leyden regularly counsels clients on taxation and employment issues, and on public policy issues affecting online and interactive media and gaming entities. He is the Chair of the Employment Taxes Committee of the American Bar Association Tax Section. Mr. Leyden is a graduate of the University of Baltimore School of Law and Georgetown University Law Center.
The Presenter
The Presenter
 
Kurt L.P. Lawson is a Partner at Hogan Lovells US LLP, in Washington, D.C. Mr. Lawson's primary practice is in employment taxes and pensions, health, fringe and other benefits. Mr. Lawson frequently writes and presents on tax and employee benefits matters. Mr. Lawson is the Council director and former chair of the Employee Benefits Committee of the ABA Tax Section. He is a graduate of Yale University and the University of Virginia School of Law.
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