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The IRS provides updated tax rates and changes how taxable income is calculated each year. This webinar will assist the seasoned payroll professional on new legislation that need to be considered to have a successful W-2 processing season. Details on how to properly complete each box on the form W-2 A brief overview of yearend tax changes for the new year and W-2 best practices will also be discussed. Updates to the W-2 for past couple years to include how to handle the SSN truncation for both federal and state filing.
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