Payroll is considered both a human resources and a financial management function. Companies choose what makes sense for how they do business on which function payroll reports to. No matter how your company has chosen its structure for reporting purposes, payroll professionals need to interact with the AP department for all kinds of payments and reporting requirements. This shared partnership is critical for any business to stay compliant and minimize reporting and payment mistakes.
Why Should You Attend
Detailed discussion on the difference between the 1099 and the IRS Form W-2 and which department should report what
Discussion on employee versus independent contractor and how to tell the difference
Director Fee payments and how to handle them correctly
Death payments and what is reported by payroll and what AP should report
Areas Covered in this Webinar
Legal Settlement Payments and how those should be paid and reported by AP payroll
How to best handle business expenses along with taxability concerns
Review of the cost of non-compliance for tax withholding and tax reporting purposes
What does each department need from each other to be successful
Discuss fringe benefits and the impact
IRS Form W-9 what it is and who should be responsible for it
Common mistakes each department makes that can be costly to the company
This webinar will give you insight on best practices for working together to achieve the shared goal of compliance for your company.
Who Will Benefit
Payroll Tax Professionals
Finance & accounting management
Dayna J. Reum CPP, FPC Dayna is currently the Payroll Tax & Garnishment Manager at PetSmart Inc. Dayna has been heavily involved in the payroll field over 17 years. Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc. During Dayna´s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. She also received several merit awards for Customer Service and Acquisitions and Divestitures.
Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference. Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll.
Dayna has her CPP (Certified Payroll Professional) through the APA. She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee). Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA. Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.