Slide Deck

44 Slides available anytime
  • 44 Slides

Payroll and IRS Form 941 Update

 

Understand the new tax credits for COVID-19 and how to report them on Form 941 and review the new Form 7200 for 2021.

Learn about the updates to consider with IRS Form 941, which is essential in payroll for your employees. Form 941 is an essential form for all employers that pay employees and withhold federal and FICA (social security and Medicare) taxation. In recent years, several changes to Form 941 have made it difficult to understand. The importance of reconciliation and completing not only Form 941 but Schedule B is becoming increasingly important for employers to avoid costly disputes with the IRS resulting in penalties and interest. This topic will explain proper withholding taxation so you can better understand the importance of withholding and reporting and ensure that Form 941 is always accurate.

Agenda

Faculty

Dayna J. Reum, CPP, FPC

Dayna J. Reum, CPP, FPC

Dayna J. Reum

  • Senior director of payroll and HRIS at a major medical center in Chicago
  • Heavily involved in the payroll field for more than 17 years
  • Started as a payroll clerk at a small Tucson company, moved on to be a payroll team leader at Honeywell Inc.
  • Obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association
  • Received several merit awards for customer service and acquisitions and divestiture
  • Taught at the Metro Phoenix American Payroll Association meetings and the Arizona State Payroll Conference
  • CPP (Certified Payroll Professional) through the APA
  • Serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA local tax subcommittee)
  • Received a citation of merit for her service and is a gold pin member of the APA
  • Certified in HR hiring and firing practices and is a Six-Sigma Greenbelt

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.