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Overview : This seminar covers the complexity in the handling and compliance with tax levies and creditor garnishments by the payroll department. Priorities between conflicting entities as well as federal and state compliance requirements are highlighted as well as tips for reducing processing time and costs.


Why you should attend: Tax Levies and Creditor Garnishments can generate some of the most stressful and emotional situations encountered in payroll. Penalties for violations of compliance rules can be extremely costly. And incorrectly managing the conflicting interests of the parties involved can increase confusion and lead to serious financial and personal consequences.

These situations are extremely common in today’s payroll functions and those responsible for the task need to be prepared! Knowing proper procedures Wholesale NFL Kids Jerseys , regulations and priorities required by the numerous federal and state agencies governing these garnishments can help to reduce or eliminate the emotional and financial toll. Understanding what you must, can and cannot do when handling garnishments can also help you effectively communicate what is and is not required or allowable within your company’s responsibilities and actions with all parties involved.

The reality is that all of the people and entities involved in these situations expect action from the payroll department. And it often falls to the payroll department to catch and correct any errors that have been made by anyone along the way. By ensuring that you have the right knowledge, you can have the confidence to handle Tax Levies and Creditor Garnishments correctly and efficiently!


Areas Covered In the Seminar: The federal requirements a payroll department must know on each type of garnishment

How state requirements affect garnishments How to handle terminated employees in regard to garnishments How to determine the withholding under a federal tax levy Proper processing for student loans and creditor garnishments Best practices for communicating with employees and issuing parties How to calculate the withholding and prioritize the order of distribution when an employee has more than one type of garnishment Best practices for processing garnishments in the payroll department Who will benefit: Payroll Professionals Human Resources and Accounting Personnel Business Owners Lawmakers Attorneys, or any individual or entity that must deal with the complexities and technicalities of the payroll process

Price List:
Live : $145.00
Corporate live : $595.00
Recorded : $195.00


webinars@trainhr
https:www.trainhr


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