The Internal Revenue Service (IRS) has released the second draft of the 2020 form W-4 along with publication 15 T which contains the withholding instructions. Compliance with the Tax Cuts and Jobs Act has forced the IRS to completely revamp this form for 2020.

• learn how to use the new form W-4 including the various new tables
• understand the employer instructions in publication 15 T
• discover the various methods of calculating income tax withholding using current and prior year forms W-4

• Review of the latest draft form W-4 for 2020
• Review of the employer instructions and publication 15-T
• Examples of calculating income tax withholding
• Discussion of how to handle calculating income tax withholding using prior versions of the form

• Gained knowledge of the requirements under wage and hour laws when an employee works in two or more states
• Learned how to handle garnishment withholding for a multistate employee
• Understand how to determine state withholding liability and how it is affected by the residency of the employee
• Gained knowledge in reciprocal agreements and the difference between taxing residents on their worldwide income and nonresidents on the income earned within the state
• A better knowledge of the three calculation methods permitted to determine taxable wages for state income tax including the volume of business ratio method and the time basis method
• A clear understanding of the basics of the four factor test used to determine the payment of state unemployment insurance

• 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 Payroll compliance issues