Make Sure You Have What You Need for 2020 Year-End
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Planning can help reduce the stress at year-end, especially with the uncertainty created by the COVID-19 pandemic. There is information to report, from all in-house payroll to taxable cash and non-cash fringe benefits, as well as information that requires verification such as employee names, addresses and Social Security numbers.
And with all the changes to tax filing resulting from the pandemic, you’ll have to report COVID-19-related tax credits and much more.
Paychex wants to simplify the process for businesses and has compiled a 2020 Year-End Checklist to help.