W-2 and 941 Annual Update

Instructor: Miles Hutchinson
Product ID: 704333
Training Level: Intermediate
  • Duration: 100 Min

recorded version

1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section

Training CD

One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-963-2556


Read Frequently Asked Questions

This training program will review legal and regulatory changes for the 2016 filing season. It will offer best practices for gathering, calculating and reconciling W-2 data. The course will further detail reconciliation of Form W-2 to Form 941 - best practices on when and why it must be done.

"W-2 and 941 Annual Update" - This course is approved by NASBA (National Association of State Boards of Accountancy). Attendees of Live Webinar are eligible for 2 CPE credit up on full completion of the course.

Why Should You Attend:

Have you ever had an employee surprise you on April 14 with an error in their W-2? Everyone is stressed out and in a hurry to fix the problem. Claims of errors need to be taken seriously, reviewed and corrected timely. The risk of errors on Form W-2 continues to increase as the tax code becomes more complex (ACA, MSRRA, reconciliation acts, etc.). It is very important to keep current with these changes to reduce the risk of errors and be able to better communicate proper reporting to your staff and your employees.

This webinar will train attendees on how to quickly and properly make corrections to Forms W-2 and 941. It will prepare your staff for the 2016 filing season, and reduce your risk of complaints from the IRS. Experienced CGMA and businessman Miles Hutchinson will review the current law and regulations regarding the filing of corrections to Forms W-2 and 941 and will provide practical guidance for efficiently handling errors and corrections using Forms W-2c, W-3c and 941-X.

Areas Covered in the Webinar:

  • Review legal and regulatory changes for the 2016 filing season that increase your risk of errors
  • Best practices for gathering, calculating and reconciling W-2 data
  • Reconciliation of Form W-2 to Form 941 - best practices on when and why it must be done
  • How to prepare Form 941-X correctly
  • Latest information on reporting employer provided healthcare coverage
  • How to prepare Form W-2c efficiently
  • When to use the Form W-2c and when to correct the W-2 itself
  • Which corrections may be done without communicating with the SSA
  • Using SSA’s BSO to file Forms W-2c electronically
  • Preparation of Form W-3c
  • Penalties for incorrect information recently doubled and how that makes it imperative to verify employee names and social security numbers with the SSA data base

Who Will Benefit:

  • Information Reporting Officers
  • Tax Managers
  • Accountants
  • Financial Advisors
  • Banking Audience
  • Finance Audience
  • Supervisors/ Regulatory Bodies
  • Bank Managers
  • Banking Operations
  • Compliance Officers
  • Compliance Managers
  • CFOs
  • Controllers
  • Payroll Managers
  • HR Managers
  • Accounting Managers
  • Auditors
  • IT Managers

Instructor Profile:

Miles Hutchinson is a CGMA and experienced businessman with over 35 years in the field. He has been an auditor with PriceWaterhouseCoopers and the chief financial officer of a one billion dollar real estate development company. Mr. Hutchinson is a professional speaker and consultant who has presented over 2,000 seminars and training sessions on myriad business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act.

He is recognized as an expert in payroll and sales and use tax as well as financial modeling and analysis, business strategy and communications. He is the author of several useful accounting and tax tools. His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, the US Marine Corps, and the US Army.

We are registered with and adhere to the Statement on Standards for Continuing Professional Education programs of the National Registry of CPE Sponsors. Our registration number is 109066. Please check with the governing body of your license and state for specific CPE requirements. Grievances may be forwarded to the company at 650 620 3961. Grievances may also be forwarded to the National Registry of CPE Sponsors-NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417, 615-880-4200,, e-mail

Field of Study Minutes CPE
Accounting 35 0.7
Auditing 35 0.7
Finance 30 0.6
Total Duration - 100 Min Total Credits - 2

Follow us :
ComplianceOnline Banking Summit 2016 | Risk Management and Data Security - 80390SEM
21 CFR Part 11 Compliance for SaaS/Cloud Applications - 80202SEM

Product Reviews

This product hasn't received any reviews yet. Be the first to review this product! Write review

Best Sellers
You Recently Viewed