IRS Releases New Form W-4 for 2020: All You Need To Know


January 23, 2020


Dayna J Reum

  1:00 PM ET | 12:00 PM CT | 10:00 AM PT | 60 Minutes

* Not able to attend the live session? We can arrange an on-demand session for You. Please call 1-‪814-892-0304


Dec of 2017 The Tax Cuts and Jobs Act was passed and it was one of the most significant tax changes in sometime. This webinar will prepare the payroll professional to understand the changes to the form W-4 for 2020 that detail out processing requirements. Before changes the Form W-4 was a critical form that all companies have to obtain from employees and has had special processing requirements.

A review of the IRS specific laws around processing of the Form W-4 and how they should be handled will be discussed. In this webinar expert speaker Dayna Reum will Review potential recent updates, discuss concerns around proper processing and your role in processing according to the IRS.

Learning Objectives:

  • Understanding the proper way to process the 2020 federal W-4 and what to do with the last valid W-4 employers have on file for employees
  • How to handle a tax protestor
  • What should be the proper process for an invalid W-4 and what is considered a invalid W-4 now that the form is different?
  • Proper processing and maintenance of a IRS lock in letter before and after W-4 changes
  • Understanding the requirements around Form W-4 and how an employer can be at risk
  • Employer notification requirements and important deadlines for both Form W-4 and the Form W-2
  • What are the changes to personal exemptions from tax reform and how it will impact the Form W-4
  • W-4 worksheet changes and requirements of when employees need to provide updated forms.
  • Review of the new tax tables and how to use them
  • Details of new federal tax calculations
  • Details of the draft versions and the final version expected to be released by the IRS in November of 2019

Session Highlights:

  • W-4 Requirements
  • Electronic W-4’s
  • Completing the Form W-4
  • Invalid Form W-4
  • Exempt W-4 Processing
  • W-4P & W-4S Forms
  • Other W-4 guidance
  • Lock in letters
  • Non Resident Alien W-4 Processing
  • 2020 IRS Draft Review and final W-4 form for 2020
  • Understanding withholding tax in 2020 with the new Form W-4

Who Will Benefit:

  • Payroll Professionals
  • HR Professionals
  • Employee Benefit Professionals
  • Compensation Professionals