Payroll and HR Recordkeeping Recorded Webinar | Mark Schwartz | From: Apr 20, 2021 - To: Dec 31, 2021 |
There is a myriad of state and federal legislative requirements for payroll and human resource recordkeeping.
Thankfully, in the digital age, most if not all of the data is kept by companies in one form or another.
The challenge is to have it available when you need it. We will discuss the legislative requirements in detail.
There are too many agencies to count - both public and private - that can require access to your payroll and hr records. We will go over the most common ones, and how far back they can require records for.
More importantly, we will discuss rules of thumb and best practices based on the type of businesses you run. Using these simple tips, you can manage your data storage in order to be prepared for almost any eventuality.
Also, we will discuss the specific information required in your records. For the most part, there is no specific format. The only thing required is to have the right information for the specific entity requiring it. This information is directly from top-level companies that help organizations of every size.
Finally, we will go over electronic data storage and archiving. You will learn how to shop for IT systems that help you search for and find the specific data required for any inquiry. If properly done, it replaces all paper and reduces audit risk.
Areas Covered in the Session:-
Why should you Attend?
Who Will Benefit?
Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is an expert at defining regulatory and statutory requirements from local, State, and Federal government agencies; and helping the average businessperson understand what that means to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations, and a wide variety of benefits.
Mr.Schwartz provides consulting services encompassing payroll processing and payroll tax issues. These include payroll tax minimization, payroll tax compliance reviews, independent contractor studies, use of electronic transfers, deductions, benefits, etc. Mark has represented both clients and the State in front of the State Appeals Board. He understands the complexities of local wage laws, unemployment and disability claims, and other wage and benefit issues affecting your employees.
Mark prides himself on his outstanding customer service skills. He listens attentively to his clientele, helping them bridge the gap between the small business world and Government bureaucracy. He eagerly assists with clients' needs and feels that educating clients toward faster, accurate and more complete payroll processes provides the most value.
Mark is a participating member of the American Payroll Association. He earned his BA and MBA in Finance at Santa Clara University. He has held Certified Internal Auditor and Certified Investment and Derivatives Auditor Credentials. Mark is currently pursuing a Certified Payroll Fundamentals Credential with the American Payroll Association.
