Garnishment Updates 2022: Child Support, Tax Levies & Creditor Garnishment
DateMay 20, 2022
Time13:00 PM EST
Garnishments are a requirement of doing business and having employees but juggling the requirements of different types of garnishments and federal and state laws can be exhausting. This webinar will give you the tips and tools to know how to stay compliant and process garnishments Will talk about all the recent updates to Garnishment legislation due to the COVID-19 pandemic that includes what garnishments should be stopped what should continue etc. Along with challenges and risks employers hold when not properly handling garnishments. Will review the impact to garnishments due to the recent tax reform accordingly.
· Child Support Review
Ø Employer Responsibility/Employee Protections
Ø Priority of Withholding/Multiple Orders
Ø Child Support withholding requirements
Ø Defining Income/Calculating disposable pay
Ø Lump Sum Payments
Ø Calculating Child Support Payments
Ø When to remit payments
Ø Administrative fees
Ø Handling terminated employees
Ø E-IWO (electronic income withholding orders)
Ø Other Child Support Concerns
Ø Medical Support Orders
Ø Details of State Requirements
· Levy Review
Ø Federal Tax Levies
§ Calculating deductions
§ Special Situations
§ Remittance Requirements
§ Voluntary Deductions
Ø Other Federal Garnishments/CARES Act
Ø State Tax Levies
§ State Laws
· Creditor Garnishments
What Will You Learn:
· Better understanding the employer responsibilities
· How to properly calculate Garnishment deductions? According to the law or the order or a little bit of both?
· Review of lump sum reporting requirements and how to comply
· Proper order of garnishment priority when an employer receives multiple orders
· How to determine which law to follow state or federal?
· Understanding the CARES act and how it affects student loan garnishments
· What is the IRS saying about federal tax levies during the COVID-19 national emergency?
Who Should Attend:
· All Employers
· Business Owners
· Company Leadership
· Payroll Professionals
· HR Professionals
· Accounting Professionals
· Tax Professionals
· Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues
Ask your question directly from our expert during the Q&A session following the live event.
Dayna is currently the Director of Payroll Operations at a major medical center in Chicago. Dayna has been heavily involved in the payroll field over 17 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 for 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 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 APA.
She also serves 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.
1.0 HRCI Credit Hours (Applied)