Form 941 and Other Payroll Updates, 2021

Duration 90 Mins
Level Basic
Webinar ID IQW21C0302

  • Employee Retention Credit Changes — major expansion for 2021, and possible retroactive claims for 2020
  • Mandatory sick leave under the Families First Coronavirus Response Act
  • Presidential Memorandum deferral of employee-side Social Security tax
  • CARES Act deferral of employer-side Social Security tax
  • Form 7200 for advance credit claims
  • Form 941 changes
  • Using Form 941-X for retroactive claims of credits
  • Recent legislative updates

Overview of the webinar

This webinar will cover all of the payroll-related changed due to COVID-19. Those changes include the Employee Retention Credit and Families First Coronavirus Response Act, deferral of employee- and employer-side Social Security tax, plus changes to Form 941. These topics change as new laws come from Congress and new guidance comes from the IRS. This webinar will be up-to-the-minute with the latest guidance.

Who should attend?

  • Business owners
  • Managers
  • Office managers
  • Bookkeepers
  • CFOs
  • Controllers
  • Accountants

Why should you attend?

COVID-19 has created new payroll obligations, and potential new tax credits, for 2021. This webinar will cover those changes, plus we will review the Form 941 to see how it has changed.

Faculty - Mr.Jason Dinesen

Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on tax and accounting services for small businesses and individuals. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College. He started his practice in 2009.

Credits

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org

ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1.5] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

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