Paycor

All your Year-End needs, in one place.

We're here to help you.

It's that time of year again! Paycor is providing you with all the year-end resources you need, right at your fingertips. Whether you need the electronic hold form, your books to be held open, or simply some guidance on verifying your company information, this microsite will help eliminate stress during this busy time of the year and ensure a smooth year end.

2011 Year-End Hold Form is now electronic.

Not only do we like saving you time, but we like making your life easier. That's why we are now offering our year-end hold form exclusively online. Simply select the Hold Books Open link and enter your information. Be sure to include your Client ID and specialist's email to ensure we can process your form most efficiently.

Key Dates

  • December 9, 2011 - Electronic Form due
  • December 30, 2011 - Clients' books are closed if online form submitted

Note: If the online form is not submitted, your payroll records will be closed after processing the last scheduled payroll run of the year to accelerate the processing of W-2s and tax filings. If Paycor does not receive notification to hold your books open, a minimum fee of $250 will be assessed to reopen the payroll records for 2011.

Reasons to hold books open:

  • Employees with a company car that can also be used for non-work related purposes
  • S-Corporations that provide health insurance on behalf of the 2% shareholders
  • Year-end bonuses
  • Group-term life insurance premiums for employees with coverage over $50,000
  • Employer-paid health savings account contributions that have not previously been reported
  • Reimburse any employees in 2011 for excludable moving expenses
  • Additional 1099 information to transmit to Paycor
  • COBRA credits that need to be included on Form 941 for fourth quarter 2011
  • Third party sick pay