Garnishment Update 2023

Better understanding the employer responsibilities Define how to properly calculate Garnishment deductions? According to the law or the order or a little bit of both? Understanding lump sum reporting requirements and how to comply Proper order of garnishment priority when an employer receives multiple orders. How to determine which law to follow state or federal? Understanding the CARES act and how it affects student loan garnishments What is the IRS saying about federal tax levies during the COVID-19 national emergency?

Why you should Attend:

Garnishments are a requirement of doing business and having employees but juggling the requirements of different types of garnishments and federal and state laws can be exhausting. This webinar will give you tips and tools to know how to stay compliant and process garnishments Will talk about all the recent updates to Garnishment legislation due to the COVID-19 pandemic that includes what garnishments should be stopped what should continue etc. Along with challenges and risks, employers hold when not properly handling garnishments. Will review the impact of garnishments due to the recent tax reform accordingly.

Learning Objectives:   

• To review how to properly determine the SUI state.
• To analyze multi-state taxation and review laws to stay compliant.
• To discuss best practices on how other employers handle multi-state concerns.
• To discuss the details of states.
• To analyze how to handle the state withholding forms versus using the federal form.
• To discuss when employees move states while employed with the same employer and what payments should still be taxed in a prior state.
• To inspect reciprocal agreements.
• To review why employee residency is important.
• To analyze what is Nexus and what it means for the employer taxation requirements.
• To review an employer DOL liability for a multi-state employee.
• To analyze key DOL laws for payroll professionals to be aware of.

 Areas covered in the session:

• Child Support Review
  • Employer Responsibility/Employee Protections
  • Priority of Withholding/Multiple Orders
  • Child Support withholding requirements
  • Defining Income/Calculating disposable pay
  • Lump Sum Payments
  • Calculating Child Support Payments
  • When to remit payments
  • Administrative fees
  • Handling terminated employees
  • E-IWO (electronic income withholding orders)
  • Other Child Support Concerns
  • Medical Support Orders
  • Details of State Requirements
• Levy Review
  • Federal Tax Levies
    • Forms
    • Priorities
    • Calculating deductions
    • Special Situations
    • Remittance Requirements
    • Voluntary Deductions
  • Other Federal Garnishments/CARES Act
  • State Tax Levies
    • Requirements
    • State Laws
• Creditor Garnishments

Who Should Attend:

• Payroll Analyst
• Payroll Specialist
• Payroll Managers
• Payroll Directors

Speaker Bio: Dayna Reum

Dayna currently is the director of payroll operations at a major medical center in Chicago and has been heavily involved in the payroll field for more than 20 years.

She started as a payroll clerk at a small Tucson company but moved on to be a payroll team leader at Honeywell Inc.

During her time at Honeywell Inc., she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association. Dayna has also received several merit awards for customer service and acquisitions, and divestiture.

She also serves on the National American Payroll Association on the national Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee), and received a citation of merit for her service along with being a gold pin member of the APA.

Dayna is also a CPP (Certified Payroll Professional) through the APA and certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.