States are Broke! Why Does that Matter to Us?

Learn how to avoid becoming a victim of states budget nightmares!

Thursday, February 9, 2012

4:00 – 5:30 pm, eastern time [archive and transcript to follow]

Webcast Materials

Access the webcast with Windows Media Access the webcast with Flash If you are having difficulty accessing the webcast, please read these Instructions to Listen to Webcast

With most states facing serious short-term budget problems, state governments are considering anything and everything as a way of creating additional income—anything is on the table! This has led to a lot of creative solutions, new laws and the enforcement or re-interpretation of old regulations. State reciprocity and unclaimed property regulations, which have been in existence since the 1940s but not fully enforced, are one of the many areas at risk for greater enforcement and exposure here. Things are so bad that some states now require back-up withholding for individuals who are not W-8 or W-9 certified. All of these things can impact the stock plans you manage and the individuals who participate in them. Tune in to this webcast to hear our expert panelists discuss how the sad state of many of our U.S. states impact you and what you can do to avoid becoming a victim of these budget nightmares.

Featured panelists:

• Maria Acevedo, VP, Product Manager, Computershare
• Amy Reina, Senior Manager, Deloitte Tax

Among many other topics, this program will cover:

• An overview of state back-up withholding regulations, who is impacted and what transactions affect employee stock plan participants.
• An overview of state tax reporting requirements for companies and plan participants, including what information is required to be reported, how frequently and on what form(s).
• An overview of state tax reciprocity withholding and deposit requirements and how they are relevant to employee stock plans.
• An overview of unclaimed property/escheatment laws, how they apply to employee stock plans, and suggested best practices to prevent property from becoming lost.

Continuing Education: This program qualifies for continuing education for Certified Equity Professionals (CEPs). Please keep a record of your attendance and refer to the CEP Institute standards to determine the amount of credit you can receive.

How to access the webcast: Visit Naspp.com on the day of the program and click the link for the webcast. You need either Windows Media or Flash to listen to the webcast. An audio archive and transcript of the webcast will be posted after the live program.

There is no charge for this program if you are a member of NASPP for 2012. If you do not have a 2012 NASPP membership, renew or try a no-risk trial membership today to access the webcast for only the cost of membership. The webcast cost for non-members is $675.

If you have questions about NASPP membership or accessing the webcast, send us an email at naspp@naspp.com, or call us at (925) 685-9271.

Registration: Advanced registration is not required for NASPP members. Non-members can email naspp@naspp.com or call (925) 685-9271 to register for the program.

If you can’t access the live program: If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive will be posted immediately following the conclusion of the live program and a text transcript will be posted within two weeks.