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Prepare for Year-End and 2021 Panic-Free

Written by Karen L. Ward, CPP | Sep 23, 2020 2:40:00 PM

While things have been a bit different and unprecedented this year, one thing still holds true: year-end will be here before we know it.

While you may be working remotely or with a reduced staff, a successful year-end is within your reach. The APA is here to assist you by providing numerous educational opportunities and formats that will best suit your schedule and the needs or your organization.

You can do that by attending the APA’s Preparing for Year-End and 2021 courses, which are offered for the first time as one-day interactive virtual classes, and as webinars both live and on demand.

Careful planning will allow you to redirect some of your valuable time toward the changes and education needed for the COVID-19-related legislation and agency guidance impacting your organization.

The annual Preparing for Year-End series presented by the APA is the most popular educational series available to payroll professionals. Instructors share the most current legislative changes dealing with tax and labor laws. If any legislative changes are released while a class is in progress, the APA will even update the course information with this late-breaking news on the spot. New this year, the APA will send a document in December with FAQs from the classes, along with any new compliance requirements and agency guidance.

Preparing for Year-End and 2021 will help payroll professionals become aware of legislative changes, as well as understand how to handle those changes to maintain compliance. A well-trained payroll professional is the best investment a company can make to avoid paying fines and penalties for noncompliance.

The APA can equip you and your staff with the awareness and knowledge of changes and how to best implement your practices and strategies to close out 2020 and to enter the new year worry-free.

Class Types

Preparing for Year-End and 2021 will be presented as one-day interactive virtual classes over several weeks, beginning October 26 through November 16. Check the dates on the APA’s website at AmericanPayroll.org (search for “Preparing for Year-End”).

What if your schedule doesn’t allow for an all-day class? The APA also offers this vital seminar as a four-part webinar series. It’s as simple as registering and logging in. Even if the dates of the live webinars aren’t convenient, you can register for the on-demand versions. These recordings of the live webinars fit nicely into your schedule as time permits.

Class Offerings

The APA also offers a webinar series for Advanced Payrolls Preparing for Year-End and 2021 with topics such as the following:

  • Alternative taxation methods
  • Expatriate and nonresident alien taxation and reporting requirements
  • Understanding payroll’s role in nondiscrimination testing
  • Executive compensation and taxable fringe benefits

These topics are only covered in the advanced webinar series in early December, so be sure to register now.

Other special-interest information is also available. Check out the Government/Public Sector Preparing for Year-End and 2021 available as one-day interactive virtual classes (November 13 or November 18). And for companies with employees in Canada, the Canadian Payrolls Preparing for Year-End and 2021 is a must and is offered as a webinar series in early December. Finally, if you have accounts payable-specific needs, then be sure to check out Accounts Payable/Disbursements Preparing for Year-End and 2021, available as a four-segment webinar series starting in early November.

No matter how prepared you think you are, now is not the time to pass up the most comprehensive tax and compliance education of the year. It’s no secret. You can always learn more to protect your company’s profits by staying in compliance. Get the most crucial information for planning a successful year-end.

January will be here soon. Now is the time to get ready with the APA’s Preparing for Year-End and 2021. Be sure to register today.

Karen L. Ward, CPP, is Director of Payroll Training for the APA.