[OSSSA218] FREE Webinar on 3% Contractor Withholding

[Karen PARK]

Good morning, 

Here is another reminder about the IRS's webinar on 3402(t). This should be of particular interest to those who deal with outside contracts. Lori will also be discussing this subject at the training in July. 

As a note.....if you are payroll, please make sure you pass along the registration information for the upcoming training on July 19 & 20 to your HR department. 

The presentations by the SSA on the 19th and the Dept of Homeland Security (DHS) on the 20th should be of particular interest to them. Alan Edwards with the SSA will be speaking on the SSNVS and also on social security benefits. One thing I've seen personally with my mother and the SSA has been seeing is when a person of medicare age who has been on employer benefits, either as an employee or a spouse, leaves employment, the employer will give them the COBRA information without letting them know they need to contact Medicare. If they take COBRA and do not sign up for Medicare within the alotted timeframe they will be subject to penalties and have to wait until July before being covered by Medicare even though they chose to pay for health coverage via COBRA. 

In addition, Alan will be discussing disability, survivor and retirement benefits.

John Gerardo with DHS will be discussing the I-9 process and E-Verify. E-Verify is a tool the employers have available to help with the hiring process to check on employment status using the I-9 information. You may have heard of E-Verify recently in the news. Arizona requires all employers to use E-Verify, which was upheld May 26 by the U.S. Supreme Court as legal. Oregon had several bills this last session which would have required employers to use E-Verify. It's one of the tools the employers have available to help safeguard themselves from hiring undocumented workers. 

Have a great day and hope to see you in July. The auditorium holds 500. There are still plenty of seats available.


Karen Park
State Social Security Coordinator
Oregon PERS
503 603-7633
karen.park at state.or.us

SL2
>>> Marshall KayDel D <KayDel.Marshall at irs.gov> 06/22/11 3:03 PM >>>
 FREE Webinar on 3% Contractor Withholding
New Contractor Withholding Requirements: The Ins and Outs of IRC 3402(t)

The office of Federal, State and Local Governments will hold a free, one-hour webinar July 14, 2011, to discuss required 3 percent income tax withholding on certain payments made by government entities, to take effect in 2013. The webinar is recommended for any Federal, state or local government entities as well as tax professionals.

Participants can get answers to these questions:

  *   What is Section 3402(t)?
  *   The Legislative history of Section 3402(t)
  *   Who must perform Section 3402(t) withholding?
  *   What payments are subject to Section 3402(t) withholding?
  *   Exceptions to Section 3402(t) withholding?
  *   Section 3402(t) deposit and reporting mechanics?

You can register for the webinar by clicking here<http://www.visualwebcaster.com/IRS/80377/reg.asp?id=80377>.