Form W-2 Update 2024

The IRS provides updated tax rates and changes how taxable income is calculated each year.  This webinar will assist the seasoned payroll professional with new legislation that needs to be considered to have a successful W-2 processing season.  Details on how to properly complete each box on the form W-2 A brief overview of year-end tax changes for the new year and W-2 best practices will also be discussed.  Updates to the W-2 for the past couple of years to include how to handle the SSN truncation for both federal and state filing. 

• To better understand proper W-2 filing requirements with the SSA along with deadlines
• Details around codes added for the tax cuts and Jobs Act
• Better understanding of the laws around how employers should provide W-2 forms to employees.
• Understanding special state W-2 requirements
• How to properly balance W-2s before sending them to employees to avoid tax notices from the IRS 

• W-2 Requirements
• W-2 box by Box review
• Updated legislation to consider for W-2 
• State by State discussion of special W-2 considerations
• Year End and W-2 Best Practices
• Fringe Benefit year-end processing

We will review the new W-2 reporting deadlines, penalties, and updates on how we process the W-2 and W-4.

• Payroll Executives/Managers/Administrators/Professionals/Practitioners/Entry Level Personnel
• Human Resources Executives/Managers/Administrators
• Accounting Personnel
• Business Owners/Executive Officers/Operations and Departmental Managers
• Lawmakers
• Attorneys/Legal Professionals
• Any individual or entity that must deal with the complexities and requirements of Payroll compliance issues

Dayna is currently the Director of Payroll Operations at Ann & Robert Lurie Children’s Hospital of Chicago.  Dayna has been heavily involved in the payroll field over 17 years.  Starting as a payroll clerk at a small Tucson company, Dayna moved on to be a Payroll Team Leader at Honeywell Inc.  During Dayna’s time at Honeywell she obtained her FPC (Fundamental Payroll Certification) through the American Payroll Association.  She also received several merit awards for Customer Service and Acquisitions and Divestitures. Dayna is no stranger to teaching she has taught at the Metro Phoenix American Payroll Association meetings and at the Arizona State Payroll Conference.  Topics including Payroll Basics, Global/Cultural Awareness, Immigration Basics for the Payroll Professional, Multi-State and Local Taxation and Quality Control for Payroll, International and Canadian payroll.   Dayna has her CPP (Certified Payroll Professional) through the APA.  She also serves on the National American Payroll Association on the National Strategic Leadership Task Force, Government Affairs Task Force (PA Local tax subcommittee).  Dayna has received a Citation of Merit for her service along with being a Gold Pin member of the APA.  Besides her payroll accomplishments Dayna is certified in HR hiring and firing practices and is a Six-Sigma Greenbelt.