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Trupliance * Home * Trainings * By Industry * Human Resources & Payroll * Banking & Taxation * Healthcare * Housing & Construction * Live * On Demand * All Trainings * Plan & Pricing * Blog * Contact Us * Login * 0 items$0.00 0 Home Shop Live Payroll Deductions in 2024: What CAN and CANNOT be Deducted from an Employee’s Wages 🔍 PAYROLL DEDUCTIONS IN 2024: WHAT CAN AND CANNOT BE DEDUCTED FROM AN EMPLOYEE’S WAGES Date: March 27, 2024 Time: 01:00 PM ET Duration: 90 Minutes Speaker: Vicki Lambert CEU Credits : 1.5 HRCI $0.00 Purchase Options Live - $159.00 Live + Transcript - $189.00 Webinar Recording Downloadable Copy - $159.00 Webinar Recording Downloadable Copy + Transcript - $189.00 Live + Webinar Recording Downloadable Copy + Transcript - $209.00 Live + Webinar Recording Downloadable Copy - $189.00 Payroll Deductions in 2024: What CAN and CANNOT be Deducted from an Employee’s Wages quantity Add to cart Buy Now Categories: All Trainings, Human Resources & Payroll, Live * Description * Speaker * Certification DESCRIPTION In payroll, we calculate the gross wages of an employee by meticulously following strict regulations on what must be or must not be counted as hours worked and taxable income. We pay the employee their net paycheck only by the payment method that is permitted. But what about in between? When it comes to deducting from the employee’s gross wages to achieve the net income are you also adhering strictly to the rules? After calculating gross wages for an employee is accomplished, much more difficult decisions must be made. What must an employer deduct from an employee’s wages? What can be deducted legally? What can never be deducted? These questions and more must be answered correctly before processing that paycheck. And if this is the employee’s final check…the rules may change! Handling deductions is a complex task that payroll must get right every time for every payroll check. Failure to deduct the proper taxes could result in penalties on the employer from the IRS but making an illegal deduction for a fringe benefit or for collecting an overpayment can get the employer a visit from the federal Department of Labor auditor, the state Department of Labor auditor, or both! Sometimes the federal government will allow the deduction but that certain state won’t. In this webinar, we will discuss what can and what cannot be deducted from an employee’s regular paycheck as well as their final one. Failure to follow the regulations pertaining to employee wage deductions can result in substantial penalties and interest. Areas Covered In This Training: * Taxes—which are mandatory, which are a courtesy, and which ones the employee controls * Child support—the limits but not beyond * Tax levies—federal and state * Creditor garnishments—how many can you honor and how often * Voluntary wage assignments for “payday loans”—when are they required to be honored * Handling fringe benefits such as health insurance or group-term life * Uniforms—when the employer pays for it and when the employee furnishes it * Meals—when they become part of the employee’s wages * Lodging—when it is part of the employee’s wages and when is it a perk * Shortages—the employee came up short, so they must cover that right? * Breakage—you broke it, so you have to pay for it, legal or not? * Overpayments—the employee was overpaid so you can just take the money back, or can you? * Advanced vacation pay—the employee knows the vacation hours were advanced so we can take them back when the employee quits can’t we? * Loans to employees: what terms can be set while the employee is still active and what can be taken when the employee terminates * Employee purchases—active employees and terminated employees * Anti-wage theft laws and the states Why Attend this Training: Of course, everyone knows that payroll deducts for federal and state taxes. However, how much input does the employee have concerning these deductions? This will be answered in this webinar. Which taxes are mandatory, which are a courtesy, and which one the employee controls will be explained during this webinar. If the IRS or the state wants payroll to collect for back taxes; how is that processed? What does payroll do if a “payday loan” deduction is received as opposed to a creditor garnishment? Which ones must we honor and why? We will discuss this during this webinar. Who should attend? * Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel * Human Resources Executives/Managers/Administrators * Accounting Personnel * Business Owners/Executive Officers/Operations and Departmental Managers * Lawmakers * Attorneys/Legal Professionals * Any individual or entity that must deal with the complexities and requirements of paying employees SPEAKER VICKI LAMBERT Vicki M. Lambert, CPP, is President and Academic Director of The Payroll Advisor™, a firm specializing in payroll education and training. With over 35 years of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert has become the most sought-after and respected voice in the practice and management of payroll issues. She has conducted open market training seminars on payroll issues across the United States that have been attended by executives and professionals from some of the most prestigious firms in business today. A pioneer in electronic and online education, Ms. Lambert produces and presents payroll related audio seminars, webinars and webcasts for clients, APA chapters and business groups throughout the country. Ms. Lambert is an adjunct faculty member at Brandman University in Southern California and is the creator of and instructor for their Practical Payroll Online program, which is approved for recertification hours by the APA. She is also the instructor for the American Payroll Association’s “PayTrain” online program also offered by Brandman University. CERTIFICATION This webinar has been approved for 1.5 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®,SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). RELATED PRODUCTS * LANDLORD TENANT ACT : 2022 UPDATES Date: July 26, 2022 Time: 01:00 PM ET Duration: 60 Minutes Speaker: Paul Flogstad $0.00 Add to cart * FRINGE BENEFITS BLITZ FOR 2022 – TAXING AND REPORTING FRINGE BENEFITS Date: August 25, 2022 Time: 01:00 PM ET Duration: 90 Minutes Speaker: Vicki Lambert CEU Credits : 1.5 HRCI $0.00 Add to cart * FORM W-2 2022 Date: January 19, 2022 Time: 02:00 PM ET Duration: 60 Minutes Speaker: Dayna Reum CEU Credits : 1.0 HRCI $0.00 Add to cart * REVISED FORM 941 FOR 2022 – WHAT’S NEXT Date: March 22, 2022 Time: 01:00 PM ET Duration: 90 Minutes Speaker: Vicki Lambert CEU Credits : 1.5 HRCI $0.00 Add to cart ABOUT US Trupliance is an e-learning company that helps professionals in building and enhancing their skills. 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