Blog Post: Economic Stimulus Package

If you are a payroll or accounts payable professional, are you ready for the impact the proposed stimulus package will have on your company's operations? The "Making Work Pay" credit, the largest single tax break in the package, will have a major effect on each worker's paycheck. The American Payroll Association is hosting a conference next month that will address these and other crucial changes to payroll. The "2009 Capital Summit" will take place March 19-20 in Washington, DC. Topics include:

-New definitions and rules regarding international ACH transactions;

-What the payroll department's role will be in administering the economic stimulus package;

-Reintroduction of legislation to ease burden of multi-state tax withholding;

-TIN-Masking: placing only 4 digits of the SSN on Form W-2.

Below is a link to the full conference brochure. Registration is cost-effective, especially when you consider the cost of non-compliance. In addition, staying educated and maintaining compliance for your organization helps ensure your value to your company!

http://www.americanpayroll.org/pdfs/capitalsummit/09capitalsummit_v2.pdf