2023 End of Year Calendar and Important Dates

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End of year is approaching! Here are important dates relating to payroll processing and taxes. 

 

December 25, 2023 = Banking Holiday (processing day may need to be adjusted). This means the payroll timeline for check dates that fall on the week before and/or the week after a banking holiday will be adjusted. Your reminder messages will be automatically adjusted to the new dates. This potential impact will differ depending on the processing timeline set up for your business through Homebase Payroll.

 

December 29, 2023 = Last pay date to be included on 2023 returns and W-2s/1099s. This is the last pay date that can be used to include any payroll items into the 2023 tax returns and W-2s/1099s that are going to be generated.

 

December 29, 2023 = Last day to make any changes to 2023 without amendments being needed. This is the last day that we would be able to accept any 2023 change requests. All change requests need to be submitted by this day for us to be able to make changes to the final filings and returns for 2023 without having to file corrections. Change requests include; Additional Wages, Wage Corrections, Employee information change (SSN, Legal name), etc.

 

December 31, 2023 = Final date for employees to select electronic delivery of W-2/1099 forms. This is the last day that an employee can select electronic delivery for their tax forms, if they select it after this day we will not distribute the W-2/1099 forms to them electronically, although they’ll be able to login to their profile and still get it.

 

January 1, 2024 = Banking Holiday (processing day may need to be adjusted). This means the payroll timeline for check dates that fall on the week before and/or the week after a banking holiday will be adjusted. Your reminder messages will be automatically adjusted to the new dates. This potential impact will differ depending on the processing timeline set up for your business through Homebase Payroll.

 

January 10, 2024 = Company Tax returns available to view! *Does NOT include W-2s/1099s*. Q4 and annual tax returns will be available to download, this does not include employee W-2 or 1099 forms.

 

January 15, 2024 = Banking Holiday (processing day may need to be adjusted). This means the payroll timeline for check dates that fall on the week before and/or the week after a banking holiday will be adjusted. Your reminder messages will be automatically adjusted to the new dates. This potential impact will differ depending on the processing timeline set up for your business through Homebase Payroll.

 

January 20, 2024 = W-2s/1099s available to view! Employee W-2’s and 1099 Forms will be available to all employees. All Employees will receive an email with their W-2 or 1099. Those that have not elected electronic delivery, we will mail them the form to the address on file as of 12/31.

 

February 1, 2024 = We start processing any tax amendments and W-2 corrections. Corrections submitted after December 29, will start being worked on. The original returns need to be filed before we start working on the correction filings.

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