Final Pay Check Requirements

Because of the complexity of payments and laws in several states protesting terminated employees, it is important for payroll to understand these laws to ensure compliance. Our expert speaker Dayna Reum will go into details that employers face when paying terminated associates. She will review everything to final pay to stock options and payments to employees that may occur years after they terminate. Along with reviewing the difficult situation when you have to pay terminated employee’s legal settlements. This webinar will also cover the tax implications and how to handle taxes are several different types of termination pay

Webinar Agenda

• Review of different types of term pay from vacation pay to golden parachute payments.
• Discussion around Stock options and Deferred compensation after termination
• Taxation concerns in regard to payments made to terminated employees.
• Timing of final pay for terminated employees including state law requirements.
• Year-end concerns
• Discussion around death payments paying and reporting.
• How to handle legal settlements
• Record Retention Concerns
• Best Practices
   

Webinar Highlights

• If a multi-state employer this webinar is a must to make sure that an employer is compliant with final pay laws.
• This webinar will give the better understanding of which states DOL laws to follow.
• How the properly handle final pay for employees that are deceased.
• Terminations that turn into legal settlements and they should properly be handled.
   

Who Should Attend

Payroll and Tax Professionals