Episode 42: Year-End Payroll Checklist
Episode Description
In this episode of Don’t Waste the Chaos, we’re diving into one of the most critical tasks for business owners as the year winds down: the year-end payroll wrap-up. From verifying employee data to filing crucial tax forms, we’ll walk you through a comprehensive checklist to ensure your payroll process is smooth, compliant, and ready for the new year. Staying on top of payroll not only helps avoid penalties but also builds trust with your employees and sets your company up for success in 2024.
Tune in to hear:
Key tasks to check off for your 2024 payroll closeout How to verify employee info, assess benefits, and reconcile overtime
Which forms (W-2, W-3, 1099, 940, 941) and reports are crucial for compliance
The importance of reviewing tax updates and updating payroll software
Tips on how to prepare for the new year, ensuring a seamless payroll transition
Resources:
IRS Employment Taxes Information: https://www.irs.gov/businesses/small-businesses-self-employed/employment-taxes
Gearing up for employee performance reviews? Grab our free five-point rating scale: https://www.saltandlightadvisors.com/five-point-rating-scale
Are you an employer who wants to Use science to make stronger, data-backed decisions across the entire employee lifecycle? Using Predictive Index will help you create a people-focused strategy and provide a clear understanding of how to improve candidate experience, employee morale and performance, leading to higher productivity and better business results. Go to saltandlightadvisors.com/predictiveindex to learn more.
Join our weekly newsletter:
HR and Operations insights for business professionals: https://www.saltandlightadvisors.com/contact
Women looking to expand professionally and personally: https://www.saltandlightforwomen.com/contact
Connect on IG:
https://www.instagram.com/saltandlightadvisors
https://www.instagram.com/saltandlightforwomen
https://www.instagram.com/dontwastethechaos
Check out Don't Waste the Chaos on YouTube: https://youtu.be/Ikyi0-jxcAI?si=7eR8I6YZll-lYI7i
Visit our website: www.dontwastethechaos.com
Don't Waste the Chaos, Embrace It!
Year-end payroll is just one deadline on a calendar full of compliance moments — the Monday newsletter keeps you prepared for all of them: saltandlight.myflodesk.com/saltandlightadvisors
—
Want more like this?
✉️ Subscribe to the newsletter — Weekly HR insights for founders, in your inbox every Monday.
👉 saltandlight.myflodesk.com/saltandlightadvisors
🎯 Take the free HR Audit — Score your HR systems in 5 minutes and see exactly where your gaps are.
👉 saltandlightadvisors.com/hraudit
📖 Get The HR Easy Button — Kerri's book on building HR systems that actually work for small businesses.
🎙️ Catch up on Don't Waste the Chaos — The podcast for small business owners building strong people operations.
—
Interested in having Kerri on your podcast or stage?