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November 2, 2021
2021-1996

Tuesday, December 7 | 2021 employment tax year in review (3:30 pm ET)

In meeting their 2021 year-end employment reporting requirements, employers will need to address the unique challenges created by temporary federal and state COVID-19 provisions while also following other necessary procedures for closing the tax year.

In this information-packed webcast, our employment tax and benefits professionals will discuss the following common areas of year-end employment tax concern:

  • 2022 federal and state rates and limits
  • Temporary COVID-19 federal employment tax provisions
    • Employee retention tax credit
    • Paid sick and family leave tax credit
    • COBRA premium assistance tax credit
    • Employer Social Security tax deferral
  • Taxation of domestic partner and paid family and medical leave insurance benefits
  • Forms W-2/1099-NEC reporting changes
  • State developments including teleworker income tax relief
  • State unemployment insurance and the federal unemployment insurance credit reduction
  • Year-end reconciliation and required employee notices
  • Preparing the year-end payroll checklist

Date: Tuesday, December 7, 2021

Time: 3:30-5:00 p.m. EST New York, 12:30-2:00 p.m. PST Los Angeles

Registration: View archive here.

Panelists

Niko Arhos, Employment Tax Advisory Services, Ernst & Young LLP

Peter Berard, Employment Tax Advisory Services, Ernst & Young LLP

Jennie DeVincenzo, Employment Tax Advisory Services, Ernst & Young LLP

Tim Parrish, Indirect Tax, Ernst & Young LLP

Debby Salam, Employment Tax Advisory Services, Ernst & Young LLP

Rachael Walker, Compensation & Benefits Group, Ernst & Young LLP

Moderator

Ken Hausser, Employment Tax Advisory Services, Ernst & Young LLP

CPE credit offered: up to 1.8 depending on actual duration. Recommended field of study: Taxes. Learning objective: Examine the qualifications for various employment tax credits, the temporary federal employment tax provisions for COVID-19, state income tax and unemployment insurance trends in 2021 and various year-end reporting and other considerations. Final CPE award to be based on content, polling and length of participation. See CPE FAQ for more information.

1.5 RCH credit is available to Certified Payroll Professionals (CPP) and Fundamental Payroll Certification (FPC) professionals.

Learn about and register for EY Tax webcasts

You can learn about and register for any EY Tax webcast here.

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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