The ABC’s of Handling Garnishments and Abandoned Wages: What Payroll Professionals Need to Know in 2018
OVERVIEW
The Consumer Credit Protection Act is designed to ensure fair
and proper treatment of people with debts. Garnishment orders include everything
from a creditor debt to child support. But what if your employee has more than
one garnishment order or declares bankruptcy because they are overwhelmed by
their situation? How does the employer handle the situation? How do the
garnishment orders get prioritized? What if the amount adds up to more
than the employee can bear? What are the limits on take home pay and
disposable earnings? What if an ex-employee fails to cash their paycheck
and you have lost touch with them?
WHY SHOULD YOU ATTEND
Join Miles Hutchinson, CPA, CGMA to quickly ramp up on this
complex law. Learn how to prioritize all the garnishments against youremployee’s wages. Find out how the states upset the priority rules in
certain situations and how to keep track of the differences. Learn about
valuable resources to help you track garnishments and communicate with the
courts while helping your employee avoid living out of their car.
 |
| Handling Garnishments and Abandoned Wages |
AREAS COVERED
• What is a garnishment?
• Participate in a review and prioritization of the
different types of garnishments
• When must companies process garnishment orders and may
they terminate an employee for these problems
• Useful tables, charts and other key references for
applying the withholding rules and limitations
• Determining disposable earnings and take home pay
• Why are there different bases for calculating different
garnishments
• How to prioritize multiple garnishment orders served on
the same employee – the rules may surprise you
• Exceptions to withholding – how to communicate with the
source of the garnishment order
• What are the proper procedures for dealing with
unclaimed or abandoned wages
LEARNING OBJECTIVES
Garnishments are a real thorn in the side. They take
excessive amounts of time to process and execute accurately. The boss
just wants to fire the employee who loses control of their finances for wasting
precious company resources. But we can’t do that…or can we? Join us
to learn just what the obligations and limits are on how many garnishments your
employer is required to manage for a single employee and how to process them
quickly and efficiently. Also get a handle on wage garnishment lawsand
how to communicate efficiently with the courts and collection agencies.
WHO WILL BENEFIT
• Payroll Managers
• HR Managers
• Tax Managers
• Information Reporting Officers
• Compliance Officers
• Compliance Managers
• CFOs
• Controllers
• Accounting Managers
• Risk Managers
For more detail please
click on this below link:
Email:
support@trainingdoyens.com
Toll Free:
+1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
Comments
Post a Comment