Best Bet in Vegas: APA's 21st Annual Congress
An extravaganza billed by the American Payroll Association as “The
Greatest Payroll Show on Earth”—otherwise known as the
APA's 21st Annual Congress, held April 29-May 3 in Las Vegas—included
more than 100 sessions and workshops. Amid the bright lights, shows,
and ringing of slot machines, BNA editors were there in force to
provide daily coverage of the event online. Reports on selected
sessions covered by BNA are included in this special Web page to
augment your APA Congress experience--be it in person or via the
Net. It also comes as an indicator of the effort we make at BNA
to provide you the payroll information you need, when you need it,
from the payroll professional's information source of record, BNA's
Payroll Library. This commitment is reflected in all our
products, and in our efforts to enrich the community of professionals
we serve.
Under the doctrine of constructive receipt, any transfer of property
from an employer to an employee is considered to be compensation
and is taxable on transfer. "Property" can take many forms,
however, and the form often determines just how and when a particular
kind of compensation is taxed. This is the case with employer grants
of stock options which, as Karen Field of KPMG WNT said in her APA
Congress workshop on Stock Options and Other Related Arrangements,
come in various forms with various tax consequences. 
Unclaimed payroll checks may be a nuisance, but for the incautious
employer they can also be a dangerous hidden liability, according
to Anthony Andreoli and Josiah Osibodu of Deloitte & Touche,
at an APA Congress workshop session on Escheatment and Unclaimed
Wages.
Magnetic media is "so 20th century," said Bill Brees,
employer services liaison officer with the Social Security Administration's
San Francisco regional office. Brees was talking about the various
reporting methods for Form W-2 during the "What's New at the
SSA" workshop held during APA's 21st Annual Congress.
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