Don’t forget these important year end tasks! UPDATE EMPLOYEE INFORMATION If any of your employees moved, had a baby, got married, or changed their name in 2014 – you’ll need to update their employee profile when you call in your payroll and complete a W-4 tax form. CHECK SOCIAL SECURITY NUMBERS Year end is the perfect time to make sure each one appears correctly. CHECK EMPLOYEE YEAR-TO-DATE FIGURES Report any manually issued or voided paychecks to make sure everything adds up for the year. UPDATE RETIREMENT PLAN CATCH-UP CONTRIBUTIONS If any of your employees (age 50+) set up a catch-up deduction in 2014, now is the time to decide if they want that deduction to continue into 2015. Notify your ADP® associate of any changes to their deductions. RE: 20199673
Posted on: Wed, 31 Dec 2014 21:11:31 +0000
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