W-2 Update for 2024 and last minute Y/E processing

Dayna Reum


About the Webinar

The IRS provides updated tax rates and changes how taxable income is calculated each year.  This webinar will assist seasoned and new payroll professionals on new legislation that needs to be considered.  This webinar will also assist with W-2 processing to include W-2 to understand all the boxes on the form W-2 and what should be reported.  A brief overview of year-end and W-2 best practices will also be discussed.

Review of new W-2 reporting deadlines and penalties and updates to how we process the W-2 form.


Session Highlights:

  • Details of how to close the 2023 year to make sure your W-2s are correct, and the 941 reconciliation happens correctly.
  • Review box by box of the W-2
  • Most up-to-date legislation releases
  • Calculating tax in 2024
  • State-specific W-2 reporting and what you need to know
  • W-2 Requirements
  • W-2 box by Box review
  • Updated legislation to consider for W-2 and 2024
  • State by State discussion of special W-2 considerations
  • Year End and W-2 best Practices
  • New year 2024 legislation



W-2 Update for 2024 and last minute Y/E processing