Description
SHRM & HRCI Approved Webinar | CEUs = 1.25 Credit Hours
Overview:
Payroll deductions are no longer just about federal and state taxes. Today’s employers must navigate a complex mix of pre-tax and post-tax benefits, business expense deductions, wage garnishments, and evolving federal and state rules—where even small mistakes can lead to costly penalties.
With new changes under the One Big Beautiful Bill (OBBB) impacting overtime and tip deductions, payroll compliance is entering a high-risk phase. Do your systems and processes meet the new requirements?
This webinar delivers a practical, employer-focused breakdown of what can—and cannot—be deducted from employee wages. Learn how the FLSA regulates deductions for business expenses, especially for lower-wage workers, how to distinguish mandatory versus voluntary deductions, and how to correctly handle garnishments and levies. We’ll also highlight the most common payroll deduction errors that trigger Department of Labor fines, state-level violations, and unexpected employer liability.
Join Mark Schwartz for this essential compliance session and gain the clarity you need to protect your organization, reduce payroll risk, and stay ahead of regulatory change.
What will You Learn:
- Which deductions come out of pre-tax income vs which don’t. How to explain the benefit of using these to reduce taxable income to employees.
- Which deductions are mandatory and which aren’t.
- What the deductions are used for and how to explain them to employees
- What happens if you don’t withhold these deductions
- Which deductions are voluntary
- How to stay on the right side of rules and regulations on the matter. How to talk with employees about the benefits and disadvantages of voluntary deductions.
- An understanding of when you CAN and CAN’T deduct business related expenses from employee paychecks.
- Where to find information of State rules and regulation, which can and do differ greatly from Federal rules.
- Common mistakes made by employers and how to avoid them.
- Other specific examples beneficial to most businesses.
- Wage Garnishments – the specifics on how to comply and how much to withhold
- A brief description of other 3rd party deductions from your employee paychecks.
- Penalties associated with non-compliance
Why you should Attend:
We all get familiar with payroll deductions when we earn our first paycheck. Usually, it is just mandatory state and federal taxes that make the difference between gross and net pay. After we gain experience and enter our careers, payroll deductions get far more tricky. Our employers offer us benefits for which we pay part or all – some pre-tax and some post-tax. Certain business expensed may get deducted. Taxing agencies and other creditors my garnish our wages.
From and employer perspective, the rules can get complicated. Not withholding what we should can have major consequences – as does deducting what we can’t. So, Join this webinar for more comprehensive look at payroll deduction DO’s and DON’Ts.
Who should Attend:
- Payroll and HR managers
- Compensation and hiring staff
- Finance and Operational managers
- Executive Staff
- Any company that:
- Offers fringe benefits
- Has employees whose wages are garnished
- Has business related expenses you want employees to pay for
- Needs an understanding of FLSA and IRS regulations on this matter.
