Committed to you and your clients
Paychex values our business relationship with you and is committed to the highest quality service, so we created the Accountant Year-End Reference Center to provide resources and tools to help you and your clients prepare and plan for year-end needs.
If you have any questions, please contact your sales representative.
2019 Paychex Year-End Reference Guide for Accountants
Get details on the latest forms and laws, plus key dates and deadlines, notices and checklists that impact year-end planning.
- State and Local Updates (available mid-November)
Paychex Client Quarter/Year-End Reference Guide
This guide is created for our clients to help prepare for a successful year-end.
- Year-end reminders
- Reporting fringe benefits
- What must be reported on Form W-2
The year-end deadline to report information or changes to Paychex for 2019 is Dec. 31, 2019, by 4 p.m., or before the first payroll that has a 2020 check date is processed, whichever comes earlier.
Year-End Reporting: Fringe Benefits
Any taxable cash or non-cash benefit – for example, personal use of company cars – must be included on Form W-2. Advise your clients to report these benefits before the last payroll of the year. Learn typical benefits that need to be reported as well as additional reporting requirements, including:
- Group-Term Life Insurance
- Health and Capital Accident Insurance Premiums Paid by an S Corporation
Important Tax Agency Notices
Important notices from tax agencies include:
- IRS Federal Deposit Frequency Notices
- EFTPS® Enrollment
- State Deposit and Electronic Funds Transfer (EFT) Requirement Notices
- State Unemployment Insurance (SUI) Rate Update
2019 Year-End Checklist
Verify these items with your Paychex clients before the end of the year. Our year-end checklist includes key steps to take concerning:
- Information to be Reported
- Information to be Verified
- Additional Reminders
It's Simple, Really
Paychex provides the tools, technology, and expertise to help you become your clients’ most trusted advisor. With the time you save, you can channel your efforts into growing your business.
There are too many “what if” moments that can disrupt your clients’ business. The Paychex Promise® helps assure that covering payroll will never be one of those moments they need to worry about.