Because of the complexity of payments and laws in several states protesting terminated employees, it is important for payroll to understand these laws to ensure compliance.This webinar will go into detail that employers face when paying terminated associates. Will review everything to final pay to stock options and payments to employees that may occur years after they terminate. Along with reviewing the difficult situation when you must pay terminated employee’s legal settlements. Our expert speaker will also cover the tax implications and how to handle taxes are several different types of termination pay.
Webinar Objectives
- If a multi-state employer this webinar is a must to make sure that an employer is compliant with final pay laws.
- This webinar will give the better understanding of which states DOL laws to follow
- How the properly handle final pay for employees that are deceased
- Terminations that turn into legal settlements and they should properly be handled.
Webinar Agenda
- Review of different types of term pay from vacation pay to golden parachute payments.
- Discussion around Stock options and Deferred compensation after termination
- Taxation concerns in regard to payments made to terminated employees
- Timing of final pay for terminated employees including state law requirements
- Year end concerns
- Discussion around death payments paying and reporting
- How to handle legal settlements
- Record Retention Concerns
Best Practices
Webinar Highlights
This webinar will provide the laws of all 50 states in regards to final pay and pointers on how to comply when in multiple states.
Who Should Attend?
Payroll and Tax Professionals
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Date
Conferences
Duration
Price
Register
Jul 19, 2023
60 Mins
$199.00