Year-End Resource Guide
Here’s everything you need for year-end planning and preparation, right at your fingertips, to make filing a breeze and as stress-free as possible.
Annual Limits & IRS resources
Get all the recent news, forms and information directly from the IRS.
2024/25 federal holiday calendar
Look no further! Stay ahead of all the dates you need to know for next year.
Year-end prep blog articles
Visit our Small Business Hub for all the year-end articles and info you'll need!
Key dates for Fingercheck customers
Key things to know
Fingercheck Dates
Last day for Starter and 360 clients to process payrolls/adjustment payrolls for 2024 without additional fees.
12/27/2024
Last day for 360 Plus clients to process payrolls/adjustment payrolls for 2024 without additional fees.
12/30/2024
Last day to inform Fingercheck if you would like us to file Affordable Care Act forms on your behalf.
12/31/2024
Last day to update employee personnel data so it reflects on the 2024 W-2s/1099s/ACA forms accurately.
1/2/2025
Last day to provide Affordable Care Act reporting information to Fingercheck.
1/8/2025
W-2 and 1099 forms available online.
1/15/2025
ACA forms available online.
1/31/2025
W-2, 1099, and ACA forms will be filed.
1/31/2025
Please contact Customer Support with any questions on the above dates and meanings.
Year-End Filings & Filing Data Accuracy Checklist:
Key year-end areas to double-check
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Data Accuracy Check
Take a few extra minutes and ensure that the your data entered into your Fingercheck account is correct.
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Deadline for Data Entry
To avoid late processing fees, please ensure all missing payroll data is added to your account by the deadlines listed in the "Key Dates for Fingercheck Customers" section above.
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Areas to Review
Make sure to thoroughly verify SSN accuracy on W-2 and 1099 forms, evaluate Third-Party Sick Pay, bonuses, and S-Corp Medical, and confirm the payment and accuracy of all manual checks.
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Additional Filing Services
Review and consider Fingercheck's additional filing services. For example, 1099-NEC Filing: Opt-out by Tuesday, December 31st if desired (date is subject to change).
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ACA Compliance
For companies with more than 50 or more full-time employees (including full-time equivalent employees), ensure you have taken care of health insurance compliance. Contact support@fingercheck.com by Tuesday, December 31st if needed (date is subject to change).
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Form Availability & Location
Keep track of your forms and deadlines: Quarterly forms, year-end documents, and W-2/1099 forms should be submitted on time. Access all your forms easily on the Fingercheck platform under the 'Payroll' tab > ‘Forms & Notices.’ More Information Here.
Year-end webinar
Get tips, advice and insights to make your year-end as painless as possible from our expert customer support team – Download Year-End PDF.
Annual Limits & IRS resources
Key resources to check when you have questions
These details are offered as informational resources. Remember to run your questions and tax data by your tax professional.
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Annual Limits
Payroll deductions and taxes have annual limits that can impact employees' net pay - get the latest on Retirement and Health deduction limits. Read more
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IRS Online Tax Calendar
The IRS Online Tax Calendar allows you to view due dates and actions for each month. Read more
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Understanding Employment Taxes
Employers must deposit and report employment taxes. Understanding Employment Taxes is a resource the IRS offers to explain what you need to know. Read more
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Tax Withholding Estimator
Need to figure out your tax withholdings? The IRS provides this tool to estimate the federal income tax you want your employer to withhold from your paycheck. Read more
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Filing Status
Not sure what your filing status is? It’s important to know because it is used to determine your requirements, deductions, eligibility for credits, and the correct tax. Read more
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Form 941
Each Form 941 you file reports the total amount of tax you withheld during the quarter. Click here for help determining your Employer’s Quarterly Federal Tax Return status. Read more
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Correct a W-2 form with W-2C
When mistakes happen, do your best to correct errors quickly. The IRS has detailed instructions on correcting W-2s. Read more
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Affordable Care Act (ACA)
Looking to understand the Affordable Care Act (ACA) tax provisions for employers? The IRS has this information outlined for you. Read more
2024/2025 Federal holiday calendar
Federal Holidays
2024
2025
*New Year’s Day
January 1
January 1
Martin Luther King Jr. Day
January 15
January 20
Presidents Day
February 19
February 17
*Memorial Day
May 27
May 26
Juneteenth National Independence Day
June 19
June 19
*Independence Day
July 4
July 4
*Labor Day
September 2
September 1
Columbus Day
October 14
October 13
Veterans Day
November 11
November 11
*Thanksgiving Day
November 28
November 27
*Christmas Day
December 25
December 25
Please note: Banks are closed on all federal holidays. Dates marked with an asterisk (*) indicate holidays that Fingercheck also observes and will remain closed. Source: The Federal Reserve – FRBServices.org.
Resources designed to make planning your end-of-year much smoother
FAQs about year-end filings
Year-End Tax Prep can be confusing. But we promise that we will help. One way we’re doing that is with this handy FAQ list. Have more questions? We invite you to contact our Support Team by chat, email support@fingercheck.com, or through phone at 800-610-9501.
When will my W-2s be ready?
W2s will be available to download between the first to second week of the new year.
How can my employees consent to receive their W-2s electronically?
Employees will all have access to their electronic W-2s. However, this fast, secure, and eco-friendly method requires their consent in order for a paper copy to also not be required to be provided to them. They must consent even if they have previously received electronic W-2s. Employees can provide consent by logging into Fingercheck, navigating to the My Account tab, selecting Tax Withholding, and choosing "Electronic W-2."
If my employees do not consent to receive their W-2s electronically, how can those be provided to them?
The W-2s will be available in PDF format within Fingercheck. You can print these and hand a paper copy to the employee or you can mail them their W-2. To print the W-2s, navigate to Payroll > Forms & Notices > Annual. Locate the W-2s for the year you want to print, click the download option, and from there you can access the downloaded files on your computer and print them. You can order blank W-2 forms for printing here.
When will my year-end reports be ready?
Year-end and Q4 reports are typically available 2-3 weeks after the end of the quarter.
Do we have to file for 1099 employees?
We offer an additional service to e-file the 1099s. There is a $100 fee to enable the service (subject to change). If you wish to activate the service, please contact support.
How do I run a bonus payroll for year-end?
You can follow this link for instructions about entering bonus checks into Fingercheck.
When is the deadline to add wages for my 1099s?
All wages should be entered prior to the last business day of the year, Tuesday, Dec. 31, 2024. See the "Key dates for Fingercheck customers" section above for deadlines to avoid additional processing fees.
How do I make a payroll to max out my 401(k)?
The 401K or 401K % code is used for a 401(k) deduction for employees. It is a pre-tax flat amount or percentage deduction of the employee's gross wages that they can elect to set aside to save for retirement.
If you want to make one large 401(k) payment, you can. To create this code, go to the SETUP tab > Payroll > Payroll Deductions. Click Add. Click the Add button for 401K or 401K %. Click OK in the confirmation window. Click the X in the top-right corner to close the Add Deduction panel. To make changes, click the Edit icon (pencil) next to the new code, and make your changes. Additional information can be found here.
How do I allow for lump sum 401(k) contributions?
To enable your employees to contribute a lump sum to their 401(k) at the end of the year, create a 401(k) deduction code if you don’t already have one. Then, start a special payroll run. Click here for detailed steps.
What is the deadline to record wages for 2024 without an amendment?
We allow for changes up to five business days after the end of the quarter for a fee
How do I create an accrual policy?
Fingercheck uses accrual policies to track the amount of time employees have available to use toward specific kinds of absences. This is applied to Paid Time Off (PTO), Unpaid Time Off, Sick Leave, Vacation Leave, and FMLA/PFML. Click here for detailed steps.
How do I offer benefits & open enrollment?
The Employer-Sponsored Health Insurance Benefits code is used for a pre-tax flat amount deduction that is used to pay for the employer's chosen Group Health Insurance plan, which they offer to their employees. This is for reporting and it will show on the W-2 box DD. Click here for detailed steps.
What about third-party sick pay at the end of the year?
If you received a Disability Benefits Statement requiring you to add a third-party sick pay payment for one of your employees, create two earning codes for third-party sick pay: 3rd Party Sick Pay Non Tax and 3rd Party Sick Pay Taxable. Then, start a special payroll for a manual check. Then, create a manual check and complete the special payroll. Click here for more information.
How long do I have to file my third-party sick for New Jersey?
New Jersey sends out third-party sick notices the first week of January. You'll have until January 6th, 2025, to enter this information within Fingercheck without fees
How do I get W-2s to terminated workers?
You can easily send W2s or 1099 forms to all terminated employees at one time. Log in to Fingercheck as an Administrator, then click the PAYROLL tab > Forms & Notices. Click the Annual tab. Click the mail icon under Terminated W2 YYYY or Terminated 1099 YYYY.
In the confirmation pop-up window that appears, click OK. An email is sent to each terminated employee at the personal email address on file. Click here for more information.
Why is my employee’s first check of 2025 net and taxes different amounts than the last check of 2024?
You may see a difference in taxes from year to year as tax rates or wage limits may have changed. You can contact support for more details. Or learn more about annual limits here.
Customer support every step of the way
Online Chat: You can always reach us using the messaging feature on Fingercheck.com.
Email: support@fingercheck.com
Phone: 800-610-9501
Customer Support hours: Our hours are Monday through Thursday, 9 a.m. to 7 p.m. and Friday, 9 a.m. to 5 p.m. ET.