Garnishment Review: Levies, Child Support, and Wage Assignments

This webinar will give you the tools to better understand the responsibilities that a company has in regard to all types of garnishment orders.

Federal guidelines such as Consumer Credit Protection Act, federal IRS levy requirements, state specific levy & garnishment withholding requirements. The federal and state regulations in regard to applicable earnings will be reviewed. Recent legislation challenges will be discussed and best practices on how to keep up with changing legislation will be discussed.

Why should you Attend:
Beside payroll tax, garnishments in general can be the most compliance rich area for companies to maintain. Understanding all the laws in regard to garnishments such as child support orders, Federal and state levies, student loan and credit garnishments can be overwhelming. It is important for companies to understand these laws and how to apply them to avoid costly penalties.

Areas Covered in the Session:

• How to determine how much to withhold for child support
• Determining the priority of garnishment orders
• Recent legislation challenges such as lump sum reporting for child support orders
• Discussion of legally allowed Child Support fees and how to administer
• Review of EIWO and the benefits
• How to properly calculate applicable earnings ex: Disposable earnings, Take home pay
• Determining the process for terminated employees with garnishment orders
• Garnishment processing best practices
• Review of federal tax levies and how to handle them including priority, remittance, etc
• Review of voluntary tax deductions and how it affects employers

• Payroll Professionals