Overview

This webinar concentrates on preparing the department for 2025 payroll taxes,and also for the new tax calendar year. Topics include IRS new limits on pension plans, updates to forms W-2, W-4, and 941, discussion of new or pending federal legislation. Apart from that, the speaker will touch on the subjects such as multi-state payroll processing, and state updates including new rates for benefits, changes to minimum wage, and SUI wage bases. Ringing the new year for payroll professionals can be a hectic time. Finishing out the old year while ensuring the new year is off to a good start compliance-wise can be a delicate balancing act fraught with missteps if you don’t have all the information you need. In this payroll compliance training, we will provide the latest payroll tax changes for 2025 to help your payroll department transition from tax year 2024 to tax year 2025. We will cover all the latest tax news available, including any new legislation affecting payroll in 2025. Focusing first on the IRS, we will discuss updates to inflation-based items such as the new pension Par-plan limits and transportation fringe benefits. We will review the 2025 IRS Forms, including forms W-2, W-4, and 941. Moving on to the states, we will cover updates to minimum wages, unemployment insurance wage bases, and sick leave updates. We will also cover any late-breaking legislation/regulation changes coming out of Washington.