Mistakes completing and filing 941X forms result in processing errors and delays. Learn how to effect a wage correction from a payroll tax perspective, how to complete and file a 941X where reclaims are available, and when claims are seasoned so that a 941X can be filed. 

Join noted payroll consultant Jerri LS Langer, with Cokala Tax Reporting Solutions, as she covers handling wage corrections and filing Forms 941X. In this webinar you will learn:

• Line-by-line what is required on the 941-X, including use of new lines for tax due on unreported tips, the HIRE Act credits and Cobra premium assistance.
• The differences between making adjustments and making claims on the 941-X.
• When to file Forms 941-X: the statute of limitations and how to lock in interest and penalty free periods.
• Why the date you discover your errors is so important and the definition of that date – it is not what you think! Reclaims have to be seasoned… you will learn what that means.
• Certifications of correct filings of W-2s and W-2Cs are required, it may mean gaining the cooperation of others in your firm or of your payroll service provider or other third party such as your insurance company that services your sick pay benefits.
• And much more!

Jerri LS Langer, J.D., L.L.M., COKALA Tax Information Reporting solutions

Jerri LS Langer , J.D., L.L.M., is a founding member of COKALA Tax Information Reporting solutions, and a nationally recognized information reporting and withholding consultant who provides a wide range of tax advisory services to many Fortune 500 companies around the world. She received her J.D. and L.L.M. in Taxation from the University of Florida College of Law (1982) and is a member of the Florida and Michigan bars. She is a past member of the IRS Commissioner’s Information Reporting Program Advisory Committee (IRPAC) and served IRPAC as its Subcommittee Chair on Legislation and Regulatory Matters. Jerri was the founding Government Relations Chair for the National Association of Tax Reporting and Payroll Management (NATRPM) and currently serves on the NATRPM Board. In her previous role as Director in Balance Consulting, an organization specializing in tax reporting and withholding compliance, Jerri coordinated the firm’s professional advisory services, as well as the administration of tax advisory services to financial industries. Prior to joining Balance Consulting, she served ProBusiness Services Inc., a Fortune 500 payroll service company, as its chief tax compliance officer where she orchestrated a new merger & acquisition service, as well as managed tax controversy and government relations areas. Jerri learned much of her trade as a Director in Deloitte & Touche, where she gained a national reputation assisting clients in complying with domestic and international tax matters, as well as other tax reporting and withholding requirements. Earlier, as a tax advisor on Wall Street, she gained significant operational experience in domestic and international brokerage, banking and insurance operations and product development, as well as in retirement plan and employee benefits processing. Jerri is the author of Aspen Publishers’ Ohio Payroll Guide and contributes to Aspen Publisher’s Payroll Answer Book, both widely circulated publications. She also authored the first BNA Tax Portfolio on U.S. Information Reporting and Backup Withholding, and is frequently quoted in many trade journals.