Description

Duration – 90 Minutes    | Speaker – Mark Schwartz

Overview:

What happens when your company is located in one state and one or more of your employees work in another state? What if your company has multiple business locations, with employees in each? What happens when one or more of your employees performs services for your company in more than one state? The short answer: You have multi-state employment issues.

Having employees in more than one state creates a lot of headaches for both payroll and H/R managers alike. You must know the visiting state(s) rules for unemployment insurance, state income tax, and other state/local taxes. You have to understand when you must register as an employer in the visiting state; and withhold income tax for both states. Further, some states have reciprocal agreements to alleviate these burdens, but most don’t. Understanding how to calculate tax for employees in 2 or more states can be confusing. Plus, what state laws for payroll need to be followed when employing employees in more than one state.

This webinar will be tailored to employers that have a large amount of employees that may telecommute across state borders and how employers can manage the tax liability for those employees. Especially when these employees perform work in multiple states. Discussion on market shifts and the impact the multi state taxation due to COVID-19 & aftermath and the need for employees to work from home. Along with what laws have been relaxed during the pandemic and what haven’t.

What You’ll Learn:

• Telecommuting and why it creates a tax liability for employers
• Employee domicile and tax residency
• Reciprocity Agreements and how they affect state income tax withholding
• Resident/Non-Resident Withholding Rules – How to determine the states for which you must withhold tax
• Withholding compliance issues
• How to handle state unemployment when employees work in several states
• Evaluating taxation for multiple states
• What wages are subject to taxation?
• Withholding compliance issues.
• State Unemployment Insurance
• SUTA dumping – what it is and how to avoid this penalty trap
• Traveling Employees
• Administrative Concerns & HR Concerns
• Case Studies

Why You should Attend:

A very significant non-payroll issue is whether the employment creates nexus, i.e. a business presence, within a particular state and whether the employer is subject to that state’s income, franchise, sales, and use, or other state business taxes imposed by the state and the related apportionment issues.

You better understand the laws in each state and the tax guidance on how to determine taxation when employees live in one state and work in another. Or for employees that work in multiple states for travel for work. Also, other state laws that affect payroll will be discussed along with the following areas.

• Review how to properly determine SUI state
• Understanding multi-state taxation and how to properly review the laws to stay compliant
• Best practices on how other employers handle multi state concerns
• Review of trends for work from home policies and how handle multi-state taxation.
• Discussion on relaxed state requirements due to COVID-19 and the need for employees to work from home.

Who Should Attend:

• Payroll Professionals
• Payroll Supervisors and Personnel
• Payroll Consultants
• Payroll Service Providers
• Public Accountants
• Internal Auditors
• Tax Compliance Officers
• Enrolled Agents
• Employee Benefits Administrators
• Officers and Managers with Payroll or Tax Compliance Oversight
• HR professionals
• Tax Professionals
• Public Agency Managers
• Audit and Compliance Personnel /Risk Managers
• CFOs
• Bookkeepers