COVID-19: Payroll Provisions and the Revised Form 941

Description

This program addresses the many payroll issues impacting CPA practice with a world in crisis.  The unique payroll reporting challenges facing practitioners are related through actual practice situations – and then analyzed for their reporting implications. 

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Highlights

• “Real-life” case study examples – practice issues CPAs are dealing with in these extraordinary times.
• Review of payroll provisions in recent legislation
• Payroll reporting – Form 7200 and Form 941
• Thorough explanation of the revised Form 941
• Comprehensive example filled in on Form 941
• Review of payroll related provisions of the FFCRA and CARES Act.
• Qualifies for IRS PTIN credit.

Objectives

• To provide an exploration of numerous practice situations occasioned by the payroll-related provisions in recent COVID-19-related legislation.

Designed For

CPAs in public practice seeking an update on the latest tax developments affecting payroll reporting.