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academy:calendar:january
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January
The following Business processes should be started or in progress in the month of January.
❏ First Payroll of the Calendar Year Checklist
❏ Process W-2 Forms
❏ Process 1099-MISC Forms
The following business tasks have been identified for the month of January. Use the checklist to ensure that the tasks are addressed, if applicable.
| Application(s) | Task |
|---|---|
| Finance | |
| Finance, Human Resources | ❏ Complete the PEIMS Mid-Year submission. |
| Human Resources | ❏ Complete the W-2 filing to the SSA. (Due by Jan 31.) ❏ Complete 1099 filing to the IRS. (Due by Jan 31.) ❏ Complete ACA 1095 reporting. ❏ Complete fourth quarter payroll reports for 941 and unemployment. ❏ Compare tax tables to IRS Circular E. After the last December payroll or prior to the first January payroll, upload the new tax tables. ❏ Verify access to the Social Security and IRS sites for calendar year-end reporting. Revise the unemployment rates and maximum wage limits as needed. ❏ Review the limits in payroll tax tables for Social Security and Medicare wages as published in the IRS Circular E. ❏ Remind employees to file a new W-4 to claim exemption from withholding. ❏ Complete indirect cost rate application if needed. (Note: LEAs claiming SHARS/Medicaid reimbursement will usually need to do this.) |
academy/calendar/january.1557433049.txt.gz · Last modified: 2019/05/09 15:17 (external edit)