New recordkeeping and reporting requirements for qualified tips and qualified overtime. Definition of qualified tips • Definition of qualified overtime and how to compute it. How Social Security resources can be used to prepare, submit, and correct W-2 forms Due dates for filing and furnishing W-2 Forms and penalties for non-compliance Penalties for late or incorrect W-2 Forms: Due diligence procedures to avoid penalties Actions to be taken before year end to avoid employee information errors Forms W-2 and W-3 line by line: What goes in all those boxes? New Box 12 codes for 2026 Changes made to current Forms W-2 and W-3 The common W-2 errors, how to avoid them and how to correct them What to do when an employee’s name or tax ID number is incorrect Methods to reconcile Forms W-2 and 941 and what to do if differences are discovered

Understand the employer’s legal obligation to withhold tax. Know which employees are required to use the 2026 W-4. Know how to calculate withholding using both the current W-4 version and prior year W-4 Form Know how to use the IRS Income Tax Withholding Assistant for Employers Know what must or must not be included on each line of Form W-4 and how to identify invalid Forms. Know how to deal with special problems and situations related to Form W-4 such as non-resident alien forms, lock in letters, and invalid and questionable employee submissions. Be aware of the penalties for non-compliance. Know the record retention requirements.