Government Tax Webinar

Our diverse bench of speakers will help you navigate the payroll tax issues faced by local governments, cities, counties, water districts, joint power authorities, and special districts. 

WHAT IS INCLUDED WITH REGISTRATION:

1. Our customary Government Tax Manual, updated to include 2021 developments
2. Six hours of CPE Credit
3. Tax Alerts throughout the year 2022 on developing tax issues

SPEAKERS:

• Marcus Wu, Employee Benefits and Tax Attorney at Pillsbury Winthrop Shaw Pittman LLP
• Stephanie Lowe, Employment Attorney at Liebert Cassidy Whitmore
• Bill Morgan, Retired CPA

YOU WILL LEARN:

Topics We Will Cover:

2021 COVID-19 Developments

Paid Sick and Family Leave:

• Leave payments required under CA Senate Bill 95
• Reimbursement of SB 95  and other Covid-19 costs from federal government
• Calculating and reporting payroll tax credits for ARPA-compliant leave payments (EPSL and EFML)

COBRA Subsidies:

• Eligibility requirements
• Penalties for not sending notices to employees
• Calculating and reporting payroll tax credits for COBRA subsidy payments

New Form 941-X:

• New IRS rules for correcting COVID-19 payroll reporting errors
• IRS procedure for recovering missed ARPA credits for past payroll periods

Cafeteria Plans, Health FSAs, and Dependent Care FSAs:

• COVID-19 election and reporting requirements
• Reporting DCAP reimbursements on Form W-2
• Required amendments to your agency's cafeteria plan documents

Special Issues Affecting Remote Workers:

• Required reimbursements under CA Labor Code Section 2802
• Reimbursement rules for “office-at-home” expenses and auto allowances
• "Commuting" rules for work-from-home employees
• Taxation and reporting of “out-of-state” workers

2021 Information Reporting:

• Special COVID-19 rules affecting Forms W-2, W-4 and 1099 Reporting
• Form 1099 rules for reporting COVID-related grants to businesses and individuals
• Reporting of Debt Forgiveness

General Government Tax Issues – 2021 Developments

• Information returns (Forms W-2, 1099, etc.)
• IRS enforcement of 1099 reporting rules, including enhance penalties
• Correction of payroll tax errors
• California independent contractor rules
• New federal rules for tax levies and garnishments on employee wages
• Affordable Care Act developments
• Cafeteria Plan developments
• De Minimis rules
• Transportation fringe benefits
• Accrued vacation and sick leave