Overview
This webinar will give you the tools to better understand the responsibilities that a company has in regard to all types of garnishment orders.
Federal guidelines such as Consumer Credit Protection Act, federal IRS levy requirements, state specific levy & garnishment withholding requirements. The federal and state regulations in regard to applicable earnings will be reviewed. Recent legislation challenges will be discussed and best practices on how to keep up with changing legislation will be discussed.
Why should you Attend
Beside payroll tax, garnishments in general can be the most compliance rich area for companies to maintain. Understanding all the laws in regard to garnishments such as child support orders, Federal and state levies, student loan and credit garnishments can be overwhelming. It is important for companies to understand these laws and how to apply them to avoid costly penalties.
Areas Covered in the Session
- How to determine how much to withhold for child support
- Determining the priority of garnishment orders
- Recent legislation challenges such as lump sum reporting for child support orders
- Discussion of legally allowed Child Support fees and how to administer
- Review of EIWO and the benefits
- How to properly calculate applicable earnings ex: Disposable earnings, Take home pay
- Determining the process for terminated employees with garnishment orders
- Garnishment processing best practices
- Review of federal tax levies and how to handle them including priority, remittance, etc
- Review of voluntary tax deductions and how it affects employers
Who Will Benefit
Speaker Profile
Dayna Reum ,CPP, FPC is currently the Director of Payroll Operations at a major medical center in 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, Pennsylvania and Illinois 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.
Instructor
Dayna J. Reum
