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The Tax Cuts & Jobs Act has made sweeping changes for payroll. The supplemental wages are no exception. The supplemental wage withholding rates that apply to nonregular "supplemental" wages paid by an employer, such as bonuses and commissions, have changed - and payroll needs to under how to now comply. Compliance issues regarding when to apply default, optional and mandatory withholding methods for payments also make this a complex issue. The rules have also further complicated payroll record keeping. Join us for this 60-minute webinar to discover:
Patrick Haggerty is an educator, tax consultant, and author.
Get the latest information needed to stay compliant with supplemental pay taxation and reporting requirements.