2023-24 Multi-State Payroll Taxation & Nexus: Fundamentals and Best Practices

Overview:

All payroll professionals must know the taxation and reporting requirements for all states where the company has employees working or in the case of reciprocal agreements, living. But for the payroll department that must handle employees who work in multiple states simultaneously or who travel to different states at different times for the employer the taxing and reporting requirements can become an arduous task at best and at worse a total fiasco.
 

Employees working from home can add even more to the complexity! Questions must be answered, sometimes on an employee by employee or even tougher on a case-by-case basis for an individual employee. Which state income tax is withheld? Does it matter if the employee is a resident or a non-resident of the state? Are there any reciprocal agreements in effect that must be taken into consideration? Which state do we pay the SUI to and what happens if one of the states has disability insurance but the other doesn’t? Or worse yet what if both states require disability insurance to be deducted?

Areas Covered in this Training:

· How to determine state withholding liability
· Who is a resident
· How reciprocal agreements affect taxation of wages
· Resident and non-resident taxation policies
· The four-factor test for state unemployment insurance
· Income and unemployment taxation of Fringe benefits
· What wage and hour laws must be followed
·  How to handle income and unemployment insurance taxation for employees working in multiple states
· How working in multiple states could affect withholding for garnishments
· Withholding requirements when an employee is in a state temporarily
· Which states require the use of their own Withholding Allowance Certificate, which states allow either theirs or the Form W-4, and which states do not have a Form
· Reporting wages for multistate employees on Form W-2
· How COVID-19 affects teleworkers who are in a different state

Why Attend this Training:

Understanding how to calculate tax for employees in 2 or more states can be confusing. Plus, what state laws for payroll need to be followed when employing employees in more than one state.

To better understand the laws in each state and the tax guidance on how to determine taxation when employees live in one state and work in another. Or for employees that work in multiple states for travel for work. Also, other state laws that affect payroll will be discussed.

This webinar will be tailored to employers that have a large amount of employees that may telecommute across state borders and how employers can manage the tax liability for those employees. Especially when these employees perform work in multiple states. There will also be a discussion on market shifts and the impact the multi-state taxation due to COVID-19 till date.

Suggested Attendees:

· Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
· Human Resources Executives/Managers/Administrators
· Accounting Personnel
· Business Owners/Executive Officers/Operations and Departmental Managers
· Lawmakers
· Attorneys/Legal Professionals
· Any individual or entity that must deal with the complexities and requirements of paying employees in multiple states