Form 940 Filing and the Unemployment Landscape
Instructor
Dayna J. Reum, CPP
CHOOSE YOUR ACCESS
Webinar details
Everything you'll learn in this session
Webinar Description
Overview
For years the only changes payroll professionals had to worry about was normal rate changes for state unemployment each year.
But in recent years the IRS has made updates to the federal Form 940 and states are in a much different position financially regarding unemployment benefits. Because several states are faced with depleted funds, changes are occurring on payroll unemployment taxes.
Why you should Attend
- Understanding who and what earnings are subject to unemployment taxes
- A review of FUTA tax rate and tax depositing
- Discuss Form 940 changes and common mistakes made
- How FUTA & SUTA interact and why it is important to understand
- Discussion on the status of the state unemployment system and how it will affect your job in the coming years
- Details of the FUTA Credit Reductions
- What is the SIDES program and what its impact will be
- How to reduce and maintain your SUI rates
Who Will Benefit
- Small business owners and employers
- Payroll and HR professionals
- Accountants and tax professionals
- Business managers and finance teams
- New or growing employers
- Anyone responsible for employment-tax compliance
Areas Covered in the Session
- Form 940 basics and how to properly complete
- Form 940 changes
- FUTA and how to properly calculate
- FUTA and SUTA and how they interact
- Experience Ratings and how they work
- SUI tips and tricks to keep cost down
Meet your speaker
Dayna J. Reum, CPP
<p>Dayna Reum ,CPP, FPC is currently the Senior Director of Payroll & HRIS at Ann and Robert H. Lurie Children’s Hospital of Chicago. Dayna has been heavily involved in the payroll field over 20 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 to include 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, Illinois, and Pennsylvania 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 PayrollOrg. Dayna has taught for the CPP preparation classes for the Chicago PayrollOrg Chapter. She has served 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.</p>