Form 941 Changes and COVID-19 Tax Provisions
DateDec 16, 2022
Time13:00 PM EST
Form 941 changed
dramatically for 2020 and 2021 due to various COVID-related payroll changes.
For 2022, the form is starting to revert back to “normal,” and this webinar
will discuss the changes to the form and how it looks now. We will have various
case studies to dive deeper into how to report various items on the Form 941,
including Schedule B of Form 941. We will also discuss other payroll-related
issues including Form W-2 and 1099-NEC, and other topics relating to
independent contractors. The employee retention credit (ERC) has closed and is
not available in 2022, but you can still make retroactive claims of missed
credits for 2020 and 2021, and we will cover how to do this.
· What the new Form 941 looks like
· Form 941 scenarios
· Other payroll updates
· Employee retention credit
Benefits For Attending:
This webinar will cover Form 941 changes, what’s new, and how to claim missed ERC credits. Also, you will learn:
· To review the current status of payroll-related COVID-19 relief provisions.
· To review revisions to Form 941 for 2022.
· To discuss other payroll-related issues for 2022 relating to Form 941 (and payroll in general)
· Form W-2 and 1099-NEC discussion
· Employee retention credit discussion
Why You Should Attend:
Congress has passed special provisions relating to COVID-19, including the ability to defer payment on employer-side Social Security tax, a tax credit for qualifying businesses called the “Employee Retention Credit,” and a tax credit for mandatory sick leave paid under the Families First Coronavirus Response Act. In response to these provisions, the IRS has released a new version of Form 941 for quarterly payroll filings, and a new form called Form 7200 for getting refunds of the tax credits. We will talk about how all of these provisions and forms tie together and we will also discuss how Payroll Protection Program (PPP) loans enter into the mix on this. Learn about these changes and more in this webinar.
Who Should Attend:
· Business Owners
· Senior Management
· CFO & Controllers
· CPA’s & EA’s
· Human Resources professionals
· Payroll Professionals
· Compliance Professionals
· Tax Professionals
· Office Managers
· Managers & Supervisors
Ask your question
directly from our expert during the Q&A session following the live event.
Jason Dinesen (EA, LPA) is a tax nerd, entrepreneur, tax expert and a well-known presenter of continuing education courses.
Known for his sharp tax interpretations, he is one of the quickest to bring the analysis of the latest tax updates and IRS guidance to the professional community. Jason has coached over 200,000 accounting, tax, and HR professionals on various topics of accounting, individual taxation, corporate taxation, professional ethics and much more.
He has presented over dozens of webinars on Form 1099 (for 10 years on this subject!); marriage in the tax code; tax updates; the new Form W-4, payroll updates, filing status, tax credit and other issues relating to the modern-day household setting.
He also teaches 2 classes at Simpson College, Individual Income Tax and Business Analytics.
Jason always had a knack for radio shows and has and regularly features as an anchor for Radio Iowa.
Jason was born and raised in Iowa and has a degree in corporate communications from Simpson College in Indianola. He has a big family that includes his wife, two sons, 4 cats and 2 dogs. His other hobbies include being a season ticket holder to University of Iowa football.
1.5 HRCI Credit Hours (Approved)