Central Iowa Chapter APA

September 2018 Newsletter

                  Volume 2018                                                                                                    P.O.Box 131

                  Issue 2                                                                                                               Des Moines, IA 50301

Our Mission Statement

The Central Iowa Chapter of the American Payroll Association is dedicated to providing information and education, support and networking opportunities to professionals involved in all aspects of payroll through our meetings, our newsletters, and our website.  The Chapter strives to be a respected, essential and effective partner in the business community and to provide support to the national American Payroll Association. 

Share your ideas, experiences and knowledge with chapter members thru the newsletter.  Your knowledge is valuable - please email your articles to Newsletter Chair at newsletter@centraliowaapa.org anytime you learn something that would benefit your peers in payroll. 

I hope everyone had a Happy National Payroll Week! Thank you to all of you that joined us at the NPW Celebration this week.  I know I enjoyed the new game Gayla put together!  Thank you Gayla for all your hard work!

Please mark your calendar for November 9^th.  We will be back at Prairie Meadows again this year!  “Payroll is Timeless” will be our theme.  So start gathering your old payroll items from long ago…more details to come!  I hope to see everyone there!

Tori Worley, CPP

CIAPA President

DOL Updates Potential FUTA Credit Reduction State and Territory for 2018

The U.S. Department of Labor (DOL) has updated its list of potential FUTA credit reduction states for 2018. While California and the Virgin Islands are both listed, the Virgin Islands might be the only state/territory subject to a FUTA credit reduction for 2018. The 2018 determination will be made after November 10, 2018 [DOL, Potential 2018 Federal Unemployment Tax Act (FUTA) Credit Reductions, rev. 7-18-18].

Social Security Trustees Project $132,300 Wage Base for 2019

On June 5, the Board of Trustees of the Social Security Trust Fund issued its annual report on the financial condition of the social security program. The report estimates that the social security wage base will be $132,300 in 2019 (up from $128,400 this year).

IRS Proposes Regulations to Increase Number of Electronically Filed Information Returns

The IRS proposed regulations that would require all information returns, regardless of type, be taken into account to determine whether a business meets the 250-return threshold that determines whether information returns must be filed electronically. [83 F.R. 24948, 5-31-18] Electronic filing of correction information returns would be required if a business is required to electronically file information returns.

APA Comments on the Preliminary 2019 Draft Form W-4 and Instructions

On July 3, APA submitted detailed comments to the IRS on the preliminary draft 2019 Form W-4, Employee’s Withholding Allowance Certificate, and the related instructions. APA identified several concerns, provided an analysis of the instructions for specific lines, and offered recommendations to improve the form and instructions. The draft Form W-4 has been substantially revised to comply with the Tax Cuts and Jobs Act (TCJA; Pub. L. 115-97). APA has also asked the IRS to publish the final version no later than the end of August so that there is sufficient time to upgrade software systems and payroll processes.

IRS urges W-2 wage earners to complete a Paycheck Checkup ASAP

The IRS urges everyone who works as an employee and has income from other sources to perform a Paycheck Checkup. This includes income from sharing economy activities, interest, dividends, self-employment, capital gains, or prizes and awards.

A Paycheck Checkup (IRS Withholding Calculator or Publication 505) can help tax payers avoid receiving a lower refund, an unexpected tax bill or underpayment penalty when filing a tax return next year. This is especially important in 2018 due to tax changes taking effect this year.

Education Board Position Filled

Welcome Ellen Stahl as our new Education Boardmember! Please welcome her to her new position and if you have any ideas for upcoming meetings please let her know.

September Meeting Minutes

Central Iowa Chapter of the American Payroll Association

Meeting Minutes

September 6, 2018   5:30 p.m.

The regular meeting of the Central Iowa Chapter of the American Payroll Association was held at the Cub Club at Principal Park in Des Moines, Iowa on Thursday, September 6, 2018. We held a National Payroll Week celebration by completing fun fact trivia and playing Jeopardy.

President, Tori Worley, called the business meeting to order at 5:30p.m. 

After the meal was served, the officers were introduced.

Treasurer – Casie Lange

Vice President – Deanne O’Hollearn, absent

Secretary – Rachel Harken, absent

Government Liaison – Carol Fisher, absent

Hospitality – Debby Haning

Education – Ellen Stahl

Newsletter- Angela Alsum, absent

NPW/Community Development - Gayla Nesbit

Membership -  Sam Skogerboe

Nominations -  Cheri Klyn

Treasurer, Casie Lange- Our reported checkbook balance was $11,425.33.

Secretary, Rachel Harken, absent – No report.

Vice President, Deanne O’Hollearn, absent – No report

Hospitality – Debby Haning reported our next meeting is on December 14^th and Kristy Maitre will be speaking about year-end. She also reported that the annual Statewide conference will be held on November 9 at Prairie Meadows.

Education – Ellen Stahl – RCH credits will be sent out by email once available.

Newsletter- Angela Alsum – September 8 is the deadline for newsletter submissions.

NPW/Community Development - Gayla Nesbit – No report.

Government Liaison, Carol Fisher – absent – Tori Worley reported that the IRS sent out a notice indicating that 1/3 of workers will have under-withheld taxes in 2018. You should encourage your employees to use the IRS withholding calculator.

Membership, Sam Skogerboe – Active members = 122; National members = 59. We need a 51% national membership to maintain our status with APA. We are at 48%.

Nominations, Cheri Klyn – introduced our new Education Chair, Ellen Stahl, who was voted on in August to replace Kelsi Vander Meiden

Life changes –None reported

No changes to last meeting’s minutes and no new business

Meeting adjourned at 6:30 - submitted by Samantha Skogerboe

Several postings for payroll positions can be found under the classified section on the CIAPA website.

 Central Iowa Chapter Meeting Schedule

CIAPA Statewide is Friday November 9

See attached poster for the Fall Iowa Employment Conference held October 10 at the Meadows Events & Conference Center.