Understanding the Complexities of Garnishment Types and Laws

Garnishments are an essential part of managing a business with employees, but navigating the complexities of various garnishment types and federal and state laws can be overwhelming. In this webinar led by Dayna J. Reum, CPP, FPC, you will gain valuable tips and tools to ensure compliance and effectively process garnishments. Dayna will also address the challenges and risks employers face when garnishments are not handled properly, including the impact of recent tax reform on garnishments.

Webinar Agenda

• 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
• Levy Review
  • Federal Tax Levies
    • Forms
    • State Laws
    • Creditor Garnishments
    • Priorities
    • Calculating deductions
    • Special Situations
    • Remittance Requirements
    • Voluntary Deductions
• Other Federal Garnishments/CARES Act
• State Tax Levies
  • Requirements
  • State Laws
• Creditor Garnishments

Webinar Highlights

• 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.
• How to determine which law to follow state or federal?

Who Should Attend

Payroll and Tax Professionals

Credit(s)

IRS CPE Credits: 1 Tax hour