Detailed Assessment Of Travel Pay Requirements To Mitigate Compliance Risks

Recorded Webinar | Vicki M. Lambert | From: Jul 22, 2021 - To: Dec 31, 2021

Training Options & Pricing

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Recording     $229
DVD     $249
Recording + DVD     $389
Transcript (Pdf)     $229
Recording & Transcript (Pdf)     $379
DVD & Transcript (Pdf)     $389


Description

This webinar discusses the rules and regulations that must be followed when paying an employee for travel pay in 2021. It includes what is travel pay, best practices for handling the payments in 2021, how it affects overtime calculations, and what is required on the state level in 2021. It also discusses the requirements for taxing travel expenses under IRS rules.

Areas Covered:-

  • Travel pay requirements in 2021—What you must pay for and why
  • Best practices for paying travel pay correctly 
  • Which employees have to be paid…and when
  • 2021 Payroll Compliance and travel pay issues—keeping wage and hour claims at bay
  • What to do when federal and state laws conflict and handling multiple state conflict issues
  • How to travel pay affects overtime calculations—travel pay differences for exempt and non-exempt employees
  • Special circumstances that may require travel payment
  • What are per diems
  • When travel payments are taxable
  • Accountable and non-accountable plans

Background:-

How to compensate employees for the hours spent traveling on business is becoming one of the major concerns of the payroll department today.  Many recent changes in federal and state wage and hour rules as well as economic pressures on employers and employees alike can create a situation that can practically invite non-compliance lawsuits—especially if the travel time results in overtime being owed to the employee. But it isn’t just the DOL that is interested in travel pay. The IRS also has strict regulations on when employees can be paid for travel expenses without it being considered wages. Does the company use the per diem method to reimburse employees or the accountable plan method?  Or do you even need to have a method when it comes to reimbursing employees for travel expenses?