COVID-19: Payroll Provisions and the Revised Form 941
Course Code:
FTSDCPP2
Program Level:
Intermediate
Description:
This program addresses the many payroll issues impacting CPA Practice with a world in crisis and the unique payroll reporting challenges facing practitioners. Actual practice situations are discussed and then analyzed for their reporting implications. A review and update of payroll-related provisions in the FFCRA and CARES Acts will be given, and the new and revised Form 941 is explained using a comprehensive example.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives:
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. Learning Objectives:
To provide an exploration of numerous practice situations occasioned by the payroll-related provisions in recent COVID-19 related legislation.
The major topics that will be covered in this course include:
- "Real-life" examples of practice issues CPAs are dealing with in these extraordinary times
- Review of payroll provisions in recent legislation
- Review of payroll-related provisions of the FFCRA and CARES Acts
- Payroll reporting - Form 7200 and Form 941
- Thorough explanation of the revised Form 941
- Comprehensive example filled in on Form 941
- Payroll deferral Executive Order will be reviewed
