Form W-2 and Year End

Form W-2 and Year End

Overview :

The IRS provides updated tax rates and changes how taxable income is calculated each year. This webinar will assist seasoned and new payroll professionals on the new legislation that needs to be considered. This webinar will also assist with W-2 processing to include W-2 understanding all the boxes on the form W-2 and what should be reported. A brief overview of year-end and W-2 best practices will also be discussed.

Review of new W-2 reporting deadlines and penalties, and updates to how we process the W-2 form. This session will review some of the OBBBA changes that are impacting year-end for 2025 and review the draft of the 2026 W-2 to know what is coming due to the HR1.

Areas Covered:-

• Details of how to close the 2025 year to make sure your W-2s are correct, and 941 reconciliation best practices.
• Review box by box of the W-2
• Most up-to-date legislation releases
• Calculating tax in 2026
• Draft review of the 2026 W-2
• State-specific W-2 reporting and what you need to know
• W-2 Requirements
• W-2 box-by-box review
• Updated legislation, including the HR1(one big beautiful bill act) to consider for W-2 and 2026
• State-by-State discussion of special W-2 considerations
• Year-End and W-2 Best Practices.