Get Ready for Year-End 2020
Year-End is Here!
As part of our commitment to support customers, we’ve developed this year-end site to help you streamline processes and answer important questions.
On this site you’ll discover useful resources for making this year-end your most successful to date.
You’ll have access to:
- Year-end training videos
- A 3-step guide to ensure a successful year-end
- An interactive guide for common year-end tasks
- Critical dates to remember
Remember: W-2 information starts to process immediately after your last scheduled check date in 2020.
Download our 3-Step Year-End Guide to view the details behind each step.
COVID’s Impact on Year-End
We’re constantly monitoring the changes and impact that COVID is having on the workforce. As we monitor the impact, Paycor is committed to providing customers with the latest news and insights to better manage labor costs and positively impact your bottom line.
We’ll continue to have your back as we update our products in response to COVID and new regulations.
For tips around pandemic planning, employee safety, compliance, recovery and more, check out Paycor’s Coronavirus Support Center.
What’s Changing in 2021?
New payroll and tax regulations could impact businesses in 2021. Check out our infographic to see what’s changing.
Step-By-Step Guide to 2020 ACA Filing!
Beginning in early December, you’ll have access to submit your 2020 ACA IRS filings (via print or electronic forms).
For more information on next steps, check out Paycor’s ACA Filing Tool along with your Lookback Dashboard for IRS filings.
Sign in to access your ACA IRS filing tab located under ‘Company.’
Important: to ensure your forms are delivered before the IRS deadline, you need to submit your filings by 01/15/21
Identify W-2 Errors Before You Submit
How can you ensure the accuracy of your W-2 submissions? Check out Paycor’s W-2 Preview Report. It can help you catch errors with earnings, deductions and taxes. If you need help running this report, read our Get Help article below.
Important W-2 Reminders
- All W-2s and 1099s will ship no later than 01/27/2021
- Bonus runs need to be scheduled prior to your last regular payrun
- W-2s can be shipped via UPS, Direct Meter or mailed
- UPS will not deliver to PO boxes without a physical address
- 1099s cannot be shipped via direct meter and mail
- UPS tracking numbers will be emailed to the address tied to the contact setup to receive W-2s
Download Our Interactive PDF and or View our Year-End Training Videos for More Info
Key Dates to Remember
November 26 – 27 – Paycor is closed for Thanksgiving Holiday
December 1 – Deadline to alert Paycor to hold books open until 12/31/20
December 24 – Paycor closes early for Christmas Eve at 3pm ET
December 25 – Paycor closed for Christmas
January 1 – Paycor closed for New Year’s Day
W-4 Changes In 2020
Click here to access our 2020 W-4 Changes FAQs document.
Click here to view our recorded webinar on the important W-4 changes you need to know.
To avoid any potential delays with UPS (weather delays, mechanical delays or other unexpected delays), it’s best to process payroll as early as possible to guarantee your payroll package will arrive prior to your check date.
Due to COVID business disruptions, your company’s delivery information may have been altered. We recommend reaching out to Paycor Support to ensure your address on file for Payroll Packages and W-2 Delivery are accessible and correct.
Year-End Processing May Not Apply to New Customers
If you’re new to Paycor and your first check date isn’t until 2021, you won’t process year-end data with Paycor. However, next year, this website will be a great resource to help you prepare and ready yourself for the coming year.
In the meantime, check out our customer training catalog to get familiar with your new solutions!
Important Year-End Information for CPAs:
Get Reporting Access for Mutual Clients
Request access to client reports by filling out this form.
Have Questions about Year-End?
Download our CPA Year-End Kit to learn about important dates and deadlines as well as detailed instructions to help you out with year-end.
CPA Care Advocates are Standing by
We’re here to serve you during year-end! Feel free to email us at [email protected] or call us at 513-345-6811 or 866-729-2671.
Any further questions? Contact [email protected] or call us 855-565-3285
Unable to find the answers you need here? Navigate to our expanded knowledge base here for additional resources for you and your employees. Most answers to your urgent requests can be found in our Get Help section.