Garnishments, Child Supports and other Levies

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  • Webinar Duration60 Min
  • Webinar Date08 Dec. 2022
  • Webinar IdAT2790

Description

Garnishments are a requirement of doing business and having employees but juggling the requirements of different types of garnishments and federal and state laws can be exhausting. This webinar will give you the tips and tools to know how to stay compliant and process garnishments accordingly.Will talk about all the recent updates to Garnishment legislation along with continues challenges and risks employers hold when not properly handling garnishments? Will review the impact to garnishments due to the recent tax reform.

What will you learn

1.Child Support Review

  • Employer Responsibility/Employee Protections
  • Priority of Withholding/Multiple Orders
  • Child Support withholding requirements
  • Defining Income/Calculating disposable pay
  • Lump Sum Payments
  • Calculating Child Support Payments
  • When to remit payments
  • Administrative fees
  • Handling terminated employees
  • E-IWO (electronic income withholding orders)
  • Other Child Support Concerns
  • Medical Support Orders
  • Details of State Requirements

2.Levy Review

(A).Federal Tax Levies

  • Forms
  • Priorities
  • Calculating deductions
  • Special Situations
  • Remittance Requirements
  • Voluntary Deductions

(B).Other Federal Garnishments

(C).State Tax Levies

  • Requirements
  • State Laws

3.Creditor Garnishments

Why should you attend?
  • Better understanding the employer responsibilities
  • How to properly calculate Garnishment deductions
  • According to the law or the order or a little bit of both
  • Review of lump sum reporting requirements and how to comply
  • Proper order of garnishment priority when an employer receives multiple orders.

Who Will Benefit?
  • Payroll Professionals
  • Tax Professionals 
  • Accountants
  • Controllers
  • Human Resource Professionals

Credits

Course "Garnishments, Child Supports and other Levies" has been pre-approved by HRCI as eligible for 1 credits towards a participant's recertification upon full completion.

*The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program.

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