The IRS provides updated tax rates and changes how taxable income is calculated each year. This webinar will assist the seasoned and new payroll professional on new legislation that need to be considered. This webinar will also assist around W-2 processing to include W-2 to understand all the boxes on the form W-2 and what should be reported. A brief overview of year end and W-2 best practices will also be discussed.
Review of new W-2 reporting deadlines and penalties and updates to how we process the W-2 form.
Will review new updated reporting requirements for the OBBBA and review the draft of the 2026 W-2 to see how the IRS is proposing to report overtime and tips.
Topics covered in the webinar
Payroll and Tax Professionals