FORBES

Employee End of the Year Checklist

• Confirm Employees’ Identifying Information (and that it\'s correct)

• Legal name

• Social Security number

• Address

• Prepare For Your Form W-2 Responsibilities

• Order forms

• Review records

• Pay attention to nuances (changes due to life events)

• Fill out forms

• Distribute to employees

• File Forms W-2 (and W-3) with the SSA and any state and local governments

• Check Employment Tax Rates And Wage Bases

• Keep an eye out for your new SUTA tax rate (your state will likely send this to you) and any wage base changes

• Pay attention to the new Social Security wage base

• Sneak a peek at the IRS’s federal income tax withholding tables

• Review Employee Benefits

• Accrued time off

• Retirement plan eligibility

• Insurance