Use Payroll Pay Cards, Not Pay Checks – Save Costs and Maintain Compliance

Payroll paycards – debit cards to which employees’ pay is deposited – are becoming more and more common. They are ideal for employees who do not have a bank account. Paycards can be used at participating ATMs to withdraw cash and can be easily used in retail establishments to make purchases. Payroll paycards eliminate the need for employees to cash a paycheck in order to have access to their wages.

If your company is contemplating a move to the paycard system, you will want to make an informed decision. Along with benefits, there are some drawbacks that come with the use of payroll paycards. There are also are rules and regulations, which vary from state to state, that must be followed.

This interactive 90-minute webinar, presented by payroll consultant Mark Schwartz, covers the why’s, how’s, and regulatory issues regarding paycards. Mr. Schwartz will provide information about paycard providers, so you can make an informed decision on choosing the right one for your company.

Areas Covered in the Session :

  • What is a paycard and what are the benefits to an employer and its employees by using paycards
  • The different types of paycards, paycard providers and how the cards work
  • The potential downside of using paycards
  • Current state legislation that promotes or hinders the use of paycards
  • Whether an employer can mandate the use of paycards for its workforce
  • What you do if you are a multi-state employer and you want to launch a program for your entire worker population
  • How to roll out a paycard system to your employees

Who Will Benefit:

  • Payroll Department
  • Accounting Department
  • HR Department
  • Small to Medium Sized Business Owners
  • Payroll Apprentices
  • Start up Entrepreneurs

Mark Schwartz

Mark Schwartz has over 15 years experience in State and Federal payroll tax audits, collections and payroll consulting. As an auditor, Mark prided himself on his ability to educate his auditees on State and Federal payroll tax requirements. Whatever issues he found in audits, he ensured the auditee knew how to comply in the future. He worked to minimize company disruptions in the audit process.

Mr. Schwartz provides consulting services encompassing payroll processing and payroll tax issues. These include payroll tax minimization, payroll tax compliance reviews, independent contractor studies, use of electronic transfers, deductions, benefits, etc. Mark has represented both clients and the State in front of the State Appeals Board. He understands the complexities of local wage laws, unemployment and disability claims, and other wage and benefit issues affecting employees.

In recent years Mark has helped many clients with back payroll tax returns for all 50 states and the IRS. He has reviewed payroll journals, time records, tax forms and other payroll documents for accuracy and completeness.

Mark is a participating member of the American Payroll Association. He earned his BA and MBA in Finance at Santa Clara University. He has held Certified Internal Auditor and Certified Investment and Derivatives Auditor Credentials. Mark is currently pursuing a Certified Payroll Fundamentals Credential with the American Payroll Association.

Refund Policy

membership
  Go PRIME   🛈 $ 240 SELECT
  Personal Plan 🛈 $ 3000 SELECT
  Business Plan 🛈 $ 9000 SELECT
  • Login Information with Password to join the session, 24 hours prior to the webinar
  • Presentation Handout in .pdf format
  • Presentation from the Speaker
  • Feedback form
  • Certificate of Attendance
  • Recording access Information with Password to view the webinar, will be sent 24 hours after the completion of the Live webinar.
  • Presentation Handout in .pdf format
  • Certificate of Attendance