2020 Year-End Guide

Important changes for 2020-2021

 

This guide contains important information and critical dates that will make year-end processing with Commonwealth a breeze. Please use it to ensure your employees receive accurate and timely bonus payrolls, year-end adjustments, 1099’s and W-2’s. When complete, please return it to your Customer Service and Support Representative.

  • Commonwealth’s 2020 Holiday hours and closing
  • Important Changes for 2020 Year-End
  • Things to Know
  • Year End Checklist
  • 2020 Year-End Fees
  • 2021 Tax and Limit Changes
  • 2021 Minimum Wage Changes
  • 2020 Bonus and Year-End Payroll Processing Worksheet
  • 2020 Fringe Benefits Processing Worksheet
  • 2020 W2 Production Preferences Worksheet

 

MAKE SURE TO SUBMIT THE W2 PREFERENCE PAGE

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