Market Areas > Corporate Finance > Tracking and Reporting Unclaimed Wages

Tracking and Reporting Unclaimed (Abandoned) Wages

Course Description:

What do you to do if an employee fails to pick-up a final paycheck?  How do you process a mailed check that’s returned by the post office?  File them away? 

Better not… if handled incorrectly you could face huge fines and penalties for failing to report unclaimed wages. In fact, failure to comply with state regulations could now result in audit assessments, significant interest accumulations, and criminal penalties. 

And…the ramifications may not even be limited to one state.  For instance, organizations with the corporate headquarters in one state and employees in other states could be liable for penalties in all states that they have employees.

So, what are your responsibilities if you’re left holding the check?

Course Highlights:

This information-packed audio conference provides step-by-step guidance for tracking and reporting unclaimed wages, including:

• When are wages considered abandoned
• What laws or regulations cover unclaimed wages
• What is payroll’s responsibility relating to abandoned wages
• What processes to take to correctly report and remit unclaimed wages
• Liability issues—what do you do if you have an outside payroll service
• How to establish proper procedures for tracking unclaimed wages correspondence to comply with due diligence requirements
• How to safeguard unclaimed wages from unauthorized and improper release
• The importance of written procedures
• Steps to surviving an audit

Faculty:

Vicki M. Lambert, CPP, "The Payroll Advisor"

Vicki M. Lambert, CPP “The Payroll Advisor” is Founder and Director of The Payroll Advisor  a website that provides unique and expert services for lawmakers, attorneys, media organizations, businesses, individuals or any entity that must deal with the complexities and technicalities of the payroll process. 

Ms. Lambert has a Bachelor’s degree, Magna Cum Laude in Business Administration and is a Certified Payroll Professional with over 30 years of multi-state payroll experience.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

pricing:

Unable to Attend?  Order the CD!
Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

	HRCI - Receive 1.25 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org. "The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit."
	APA Approved Provider: Receive 1.5 RCH by attending!
	Receive 1.5 CPE credits by attending the live Audio Conference! CCM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org Program Level: Intermediate Prerequisites: This course is for participants with some exposure to the subject. Advanced Preparation: None Delivery: Group Live CPE Credits: 1.5

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