How to Recover Wage Overpayments 2016

Key Topics

• Alternative recovery methods when payroll deduction is not allowed or not possible. For example, in the case of a former employee
• When overpayments may be recovered using payroll deduction and when payroll deduction may be limited by state or federal wage and hour laws or when employee consent is required
• Tax computations when there is a partial recovery
• Special procedures that apply to subsequent year recovery. This includes a discussion of same calendar year recovery, why repayment of net pay rather than repayment of gross pay can cause problems, and why subsequent year recovery does not affect wages for the year of recovery
• Best practices wage overpayments compliance training for avoiding, detecting, and controlling
• Wages and tax reporting for the year of the overpayment and the year of recovery
• How establishment and communication of employer policies and internal controls can prevent overpayments and minimize costs
• The common causes of overpayments such as late termination paperwork, leave of absence errors and failure to terminate automatic payments

Who should Attend

• Payroll Consultants
• Payroll Supervisors and Personnel
• Public Accountants
• Payroll Service Providers
• Tax Compliance Officers
• Internal Auditors
• Employee Benefits Administrators
• Enrolled Agents
• Company/ Business Owners
• Officers and Managers with Payroll or Tax Compliance Oversight
• Public Agency Managers
• Managers/ Supervisors
• Audit and Compliance Personnel/ Risk Managers