Payroll Processing Basics
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2024 End of Year Payroll Reminders with GoCo Embedded Payroll

As the year comes to a close, please keep the following payroll processing deadlines in mind to ensure a smooth wrap-up for 2024.

As the year comes to a close, please keep the following payroll processing deadlines in mind to ensure a smooth wrap-up for 2024.

End of Year Important Dates

Screenshot 2024-11-14 at 4.11.59 PM

 

DATE REMINDER
December 25, 2024

Christmas Day 

Bank Holiday 

December 27, 2024 Final day to process payrolls (including bonuses/off-cycle payments) via direct deposit 2-day ACH
December 31, 2024

Final Available Check Date for 2024

January 1, 2024

Happy New Year!

Bank Holiday

January 3, 2024 Deadline to Make Changes to 2024 payroll data before final tax forms are generated 
January 17-22, 2024

Final year-end forms will be made available

January 20, 2025 Bank Holiday 
January 31, 2025

Government deadline for W2s and 1099s distribution to employees and contractors.

Q4 and annual tax forms due (GoCo Embedded Payroll will will file on your behalf).

 

❗Changes made after deadline may require amended forms, incur charges, and result in penalties and interest assessed by the payroll tax agency affected.

💚 Have questions or need help? No problem, reach out to support@goco.io