Congratulations! You’ve almost made it through another year! With only a few more weeks left until 2019, here’s a few tips to end strong.
You and your employees have worked hard to help grow your company, so you may offer them a holiday or year-end bonus. Just remember that the IRS requires that any gift over $25 be added to their pay and included in their W-2 at the end of the year.
We’d also like to remind you to double check that names on all forms are the same as on social security cards, update W-4s and I-9s as needed, and to get W-9 forms for your contract laborers.
If you have any other questions or concerns about payroll, taxes, or QuickBooks, feel free to contact us at Stapley Accounting!