FREE Webinar from Paycom

With legal expertise provided by

Fisher & Phillips

New COBRA and Payroll Tax Requirements of The American Recovery and Reinvestment Act of 2009

Employers take notice, The American Recovery and Reinvestment Act of 2009 provides involuntarily terminated COBRA-eligible employees a 65% health care premium subsidy for up to nine months. Employers are to front the subsidy and claim the tax credit on their quarterly 941. Not only does this affect cash flow but it also creates new tracking, notification, and reporting requirements effective immediately.

Fisher & Phillips attorney Callen Carter will be presenting an hour-long webinar to explain the new law and the steps employers should be taking now to ensure compliance. Paycom’s COBRA expert, Brad Richardson will follow Ms. Carter’s presentation and provide a brief overview of the changes affecting the filing of your quarterly 941 to get credit for any COBRA subsidies. He will also show how you can use Paycom’s system to avoid waiting for the 941 credit and instead claim your tax credit with each payroll to maximize your cash flow.

The webinars are free, but registration is required. To register, please click on the date you would like to attend and you will be redirected to a registration page. Once your registration is complete, you will receive an email confirmation with information on how to join the webinar.

Register here for the webinar


About Fisher & Phillips (www.laborlawyers.com)
Fisher & Phillips LLP represents employers nationally in labor, employment, civil rights, employee benefits and immigration matters. The firm has more than 225 attorneys in 21 offices. Founded in 1943, it is one of the first U.S. law firms to concentrate its practice exclusively upon representation of employers in labor and employment matters. The firm has offices in Atlanta, Charlotte, Chicago, Columbia, Dallas, Denver, Fort Lauderdale, Houston, Irvine, Kansas City, Las Vegas, Louisville, New Jersey, New Orleans, Orlando, Philadelphia, Portland ME, Portland OR, San Diego, San Francisco, and Tampa.


About Paycom (www.paycomonline.com)
Paycom provides online payroll and HR solutions to customers throughout the U.S. It offers one of the only fully integrated payroll and COBRA applications where COBRA compliance is automatically initiated when a qualifying event is entered in the payroll system. For its COBRA clients, Paycom handles the administrative responsibilities of sending the required correspondence, date tracking, premium payments, and the new compliance requirements of the stimulus legislation. Paycom is headquartered in Oklahoma City with offices in Atlanta, Austin, Charlotte, Chicago, Dallas, Denver, Fort Worth, Houston, Phoenix, Tampa, and Tulsa.

Webinar Presenters

Callan Carter,
Fisher & Phillips

A partner in the San Francisco office, Ms. Carter is engaged exclusively in Fisher & Phillips' employee benefits practice. She has practiced employee benefits law since 1997, advising clients on plan design, drafting, implementation and termination of qualified retirement plans, health and welfare plans (including state and local mandated benefits), fringe benefit programs, and non-qualified deferred compensation arrangements. She advises clients on complex application of qualified and welfare plan non-discrimination rules, IRS and DOL correction programs, prohibited transactions, fiduciary issues, determination letters, controlled group determinations, and benefits issues in mergers and acquisitions.

 

Brad Richardson, Paycom

As the Director of Business Development, Richardson is responsible for researching and developing new services for Paycom customers. He was responsible for the development of Paycom’s COBRA Administration product which was introduced in 2005. He works with the IRS and benefit providers to monitor new regulations pertaining to COBRA and how they will affect Paycom’s business clients.