Paychex WORX Blog
Select a Topic
Let's Get Started

It's Time to Get Your Year-End Payroll in Order

  • Payroll
  • Last Updated: 10/14/2024
YE Checklist
checklist screenshot

Download Checklist

Why Do You Need This Checklist?

As the year draws to a close, it's essential to ensure your payroll is accurate and compliant. With so many tasks to juggle, from verifying business information to setting compensation and bonuses, the process can seem overwhelming. That's where our comprehensive 2024 Year-End Payroll Checklist comes in.

Meet important reporting deadlines: Stay on top of crucial deadlines — like the new Beneficial Ownership Information (BOI) and Department of Labor Overtime Rule reporting requirements — to ensure your business meets its reporting and tax obligations on time.

Verify business information: Confirm all your business details are up to date for accurate reporting and taxation.

Understand necessary tax forms: Get a clear overview of required tax forms, including Form W-2 and Form 1095.

Plan compensation and bonuses: Make informed decisions about pay raises and end-of-year bonuses with our detailed considerations.

See Why 745,000+ Businesses Use Paychex

If you are looking to outsource Paychex can help you manage HR, payroll, benefits, and more from our industry leading all-in-one solution.

An employee depositing a check

Payroll and Taxes

Pay employees your way and automate tax payments.
HR dashboard on Paychex Flex

Human Resources

Hire, onboard, manage, and develop productive employees.
Clocking out of work with a smart watch

Time and Attendance

Track employee time and maximize payroll accuracy.
An employee working in an office

401(k) and Retirement

Help employees save for retirement and reduce taxable income.
Cards generic 4

Employee Benefits

Offer health, dental, vision and more to recruit & retain employees.
Cards OSHA Safety Programs

Business Insurance

Comprehensive coverage for your business, property, and employees.