Year-End Obligations

• An employee worked for six months. Should W-2s be filed?
• Will my employees receive a copy of their W-2s?
• Can employees access their W-2s online?
• Is there a time limit until which 1099 will be available to contractors?
• Does PayWow send copies of 1099s to contractors?
• Should all employees submit the new Form W-4?
• The marital status of an employee has changed. Can they initiate the W-4 change?
• Are employees required to submit Form W-4 every year?
• What should I withhold if an employee does not submit Form W-4?
• May I ask employees hired before 2020 to submit a new Form W-4?
• I have rehired employees. Should I get their W-4s?
• What information on W-4 can the employee change by themselves?
• Do employees who receive their first pay after 2019 need to use the new Form W-4?
• What if new employees who receive their first pay after 2019 did not complete a Form W-4?
• Employees who are rehired in 2020 did not furnish a new Form W-4. How should I withhold?
• Should I request all of my existing employees who were paid before 2020 to complete new W-4?
• Where can the employee find the contribution toward social security and Medicare for the year?
• Do I need to update the contribution limit of the benefit plans?
• My employees have time-off balances. What should I do?
• Why should I set a Holiday Policy by the end of the year?
• By when should I set the Holiday Policy?
• What are the things to be done before the end of the year?