State Mandated Sick Pay & What it Means to You
DateSep 02, 2022
Time13:00 PM EST
Legislation is changing rapidly in regard to employers being required to provide employee with accrued sick time. In 2020 with the COVID-19 pandemic states and federal have updated legislation on paying sick pay. It began with city legislation and has now moved to states such as California that employers must comply with.
Employees who lose wages as a result of illness or a nonwork-related accident are eligible to receive disability payments, also known as third-party sick pay.
Most employers provide some degree of wage protection for employees who miss work due to personal illness or injury. Sick pay paid directly by an employer generally is treated as ordinary wages, subject to withholding for federal employment taxes. FICA taxes, however, apply to such payments only for the first six months.
This webinar will give you the most up to date legislation and pending legislation in regard to mandated sick pay requirements on employers. Additional tools to be able to get through the complexity and have a better understanding of who is responsible for tax withholding and reporting for third party sick pay will be reviewed.
The details of states with disability funds and how the tax is handled, and claims are worked in regard to your third-party provider. Review of the 2020 federal requirements due to the Emergency paid sick leave act and the families first coronavirus response act.
· Overview of Paid sick leave
· State by state requirements
· Local requirements
· COVID-19 Sick and Family Leave
· Options & Requirements
What Will You Learn:
· Review different types of ways companies can choose to handle third party sick pay with their providers
· State and City review of current legislation of sick accruals that must be provided to employees
· W-2 reporting requirements for third party sick pay
· What tax should be withheld and reported and by whom
· How to handle waiting periods before disability starts
· State Disability plan review from tax that funds them to how the claims affect employers.
· The tax withholding and reporting for third party sick pay requirements
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
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 (Approved)