Understanding federal and just one state’s payroll tax requirements is tricky enough. And for multistate employers, the compliance stakes are far greater.
Employers with operations in more than one state, those that employ workers who go out on assignments across state lines, or that have telecommuters on payroll often have questions about which state-based withholding rules apply to the performance of services
And, the term “performing services” isn’t necessarily the same across state lines either. The definition can vary, so the HR and payroll departments for multistate employers need to give extra special attention to how a given state’s particular rules may apply to certain members of its workforce.
Join us on April 25 when payroll tax expert and CPA Elizabeth Bystrom will teach how to anticipate the tricky payroll tax issues that often arise when employees are spread out across two or more states and offer some practical strategies for accurately addressing those challenges head-on.
You’ll learn how to:
- Address payroll tax withholding if an employee lives in one state and works in another
- Apply state unemployment insurance rules that may impact payroll taxes for employees working in two or more states
- Recognize the impact reciprocal agreements have on wage taxation
- Administer employees’ state withholding allowance certificates
- Handle a situation where an employee travels to many locations across state lines for work assignments—in that case, how many W2s should be issued?
- Spot when your payroll tax system might be putting you at risk for multistate payroll tax violations
- Tell if an employee generally would be classified as a resident or non-resident for state-based taxation purposes
- Manage state withholding when an employee works in multiple states
- Determine taxable income and fringe-benefit taxation
- Recognize telecommuting’s impact on payroll tax obligations
YOUR EXPERT INSTRUCTOR
Elizabeth Bystrom CPA of Elizabeth Bystrom CPA, Ltd., located in White Bear Lake, Minnesota licensed as a CPA in the State of Minnesota, has spent nearly 20 years explaining the Internal Revenue Code to people in such a way that they actually understand what she is saying. In 2010, her entrepreneurial voice finally grew too loud to ignore and she made the leap to small business owner. She went to work building from the ground up a firm that specializes in small business and individual tax consulting. Her belief is that the right combination of good communication, good information and good advice is the foundation for good decisions. Today, her firm offers more than just the traditional tax preparation services, offering growth services such as tax planning, business coaching, and QuickBooks training.
Ms. Bystrom leverages her professional experience and the latest technology to maintain a work/life balance that suits both her clients and family alike. Her experiences as a spokesperson for the MN State Society of CPA’s, as well as her side hustle as a snowboard instructor, add a richness to her unique brand. Her natural approachability, combined with her open and honest style has allowed her to build a practice unlike any other. Her collaborative process in dealing with her clients provides them with the opportunity to be tax-aware and make smarter decisions in all areas of daily life.
This program has been pre-approved for 1.5 hours of general recertification credit toward PHR and SPHR recertification. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
Business & Legal Resources (BLR) is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP or SHRM-SCP. This program is valid for 1.5 PDCs for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit the SHRM Certification website at www.shrm.org/certification.