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PRIVATE TEAM TRAINING
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Overview
In one intensive day of training, we'll cover today's most challenging payroll management issues including:
- The latest regulation changes that impact how you determine which positions are "overtime eligible"
- What the DOL expects when determining if a worker is an employee or an independent contractor
- The red flags auditors, inspectors and investigators look for in your payroll procedures
- How to prepare to answer the "Top 3 Questions" asked during an audit or investigation
- Finding and documenting "Reasonable Basis" in your payroll-related policies and procedures
- Who the Fair Labor Standards Act defines as an "employer" and why
- Your state law says one thing and the federal government says another — now what?
- Ways to secure your internal processes against the most common misinterpretations of Wage and Hour laws
- And much more!
Agenda
Payroll Management: Beginning With the End in Mind
- Why payroll administration is not just about the numbers
- The high cost of improperly classifying employees
- The QETP (Questionable Employee Tax Practices)
- The top three questions auditors and investigators will ask – and why
- Establishing good faith efforts that reduce penalties and fines
- Five vital internal audits that are not about the math
- What to do if you get an FLSA complaint
Making Sense of the FLSA Overtime Exemptions
- Exempt vs non-exempt employees – What’s the difference?
- Three tests to help determine overtime exemptions – salary, highly compensated and standard duties
- Types of exemptions: Executive, Professional, Administrative, Outside Sales and Computer Professionals
- Understanding the overtime-exempt payment and docking rules
Worker Classification: Employee or Independent Contractor - How to Decide?
- Creating a worker classification process
- W-9 Compliance
- What is back-up withholding and when should you use it?
- 1099-MISC Hot Tips
- Auditing your W-4 process
- E-verify and New-Hire Reporting
- Your payroll department and the I-9
Payroll and the Non-exempt Employee
- Paid and unpaid leave policies that payroll must understand
- Recognizing compensable time
- Rounding and adjusting the timeclock: The Rule of De Minimis Time
- Overtime requirements and options employers should consider
- Spotting and correcting wage and hour violations
- Gone to the Guard for the week — what to do when military pay and your payroll overlap
- Tips and uniform allowances — what's considered income, what's not?
- What you're required to pay when an employee is dismissed
Special Payroll Considerations and Hot Tips for Maintaining Compliance
- How to determine the order of multiple garnishments for an employee
- When and how to tax fringe benefits
- The legal ramifications of paycheck advances
- Compensation and fair market value — what the law says you must do
- Gifts that must be reported to the IRS
- Withholding and reporting rules for cash fringe benefits vs. non-cash fringe benefits
- Cell phone supplements – taxable or not?
