Description
Learn about the new programs and multi-state payroll tax changes for 2025, and how to navigate the maze of compliance updates.
COURSE OVERVIEW:
Managing employees across state lines can pose significant compliance challenges for employers. These challenges arise not only for businesses with locations in multiple states but also for those with employees who work in multiple states, live in one state and work in another, relocate, or telecommute.
Key compliance concerns include identifying states where the business must collect and remit income tax, understanding state-specific tax rules, and determining unemployment tax obligations. Additionally, multi-state employment can raise questions about whether a business presence, or “nexus,” is established, which may subject the employer to various state taxes such as income, franchise, or sales taxes.
This engaging and in-depth webinar will provide participants with the tools and insights needed to navigate the complexities of multi-state payroll tax compliance effectively.
AREAS COVERED:
- The impact of reciprocal agreements on state income tax withholding
- Tax residency and employee domicile considerations
- The use of state and local withholding certificates
- State-specific treatment of supplemental wages and fringe benefits
- Proper handling of unemployment tax for multi-state employees
- Allocating withholding tax proceeds when employees work in multiple states
- Payroll tax implications of conducting business in a new state
- Special rules for telecommuting and military spouses.
LEARNING OBJECTIVES:
- Learn how employee activity can create nexus and trigger tax obligations in a state
- Understand the payroll tax requirements for conducting business across state lines
- Master the rules for withholding taxes when employees work in multiple states, including states with reciprocal agreements or no income tax
- Identify when to use state-specific or local withholding certificates in addition to federal forms
- Determine the correct state for unemployment tax when employees work in multiple locations
- Explore state-specific rules on taxable income, withholding thresholds, and fringe benefits
- Gain strategies to avoid penalties for non-compliance with withholding requirements.
WHY SHOULD YOU ATTEND?
The biggest payroll issue facing many multi-state employers is tax complexity. When paying employees who are performing work in different states, your business is obligated to withhold both income and payroll taxes from the employee’s wages for the state they’ve worked in.
Multi-state payroll compliance becomes more complex when individual employees work across state lines. Further, some states have reciprocity agreements with other states. Also, there are additional state-specific payroll requirements that can pose a challenge to your payroll administrators. You’ll need to watch out for these items when processing multi-state payroll.
WHO WILL BENEFIT
- Payroll professionals
- Human resources
- Accounting personnel
- Taxation professionals
- Employee benefits professionals
- Lawmakers
- CFO’s
- Attorneys who are dealing with payroll processing
About the Presenter:
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 to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics, and much more.
He has presented over dozens of webinars on Form 1099 (for 10 years on this subject!); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credits, corporation and partnership taxation, and other issues relating to the modern-day setting.
Jason always had a knack for speaking and news reporting. He is regularly featured as an anchor for Radio Iowa and Radio Minnesota, is a frequent Podcast Guest, and hosts his own Podcast.
