December 14, 2022

Helpful hints for successfully navigating end-of-year tasks

9 minutes

Closing out the business year requires a lot of work. Among other things, you may have year-end bonuses to provide, W-2s to deliver, and annual notices to furnish. In this episode, we'll provide guidance to help you successfully navigate your end-of-year responsibilities.

[0:41] End-of-year bonuses and what employers should keep in mind

[3:22] What are the tax implications of bonuses that employers should consider?

[4:18] W-2s, timelines, and how to handle paper and electronic versions

[6:41] Other required tax notices, like EITC, and key things to know

Copyright © 2022 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (December 2022).

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