Host: Blaise Kah, partner, Deloitte Tax LLP
As 2020 comes to a close, this year’s year-end employment tax reporting may be more complex than usual. What should companies’ factor into their planning? We’ll discuss:
- The year in review, including changes to relevant tax laws, regulations, W-2 reporting requirements, and impacts of COVID-19.
- Payroll complexities and potential opportunities, including fringe benefits, business traveler apportionment, employee retention credits, and deferrals.
- Potential pitfalls in closing out the tax year and beginning the W-2 reporting season.