Payroll
Payroll Accountant’s Checklist for July
What should you be doing in your payroll practice this month? Here's your Payroll Checklist for July.
Jul. 27, 2015
What should you be doing in your payroll practice this month? Here’s your Payroll Checklist for July.
Payroll Accountant’s Checklist for July
• Ensure that all monthly, quarterly and annual balances are accumulating properly; pay attention to any adjustments.
• File Form 941 for the second quarter with the IRS by July 31 (or the next business day, if July 31 is a nonbusiness day)
• Educate clients on state and federal requirements for new hire reporting.
• Remind clients about employee classification requirements.
• Review and update your payroll pricing strategy (bundling services, subscription pricing, a la carte pricing, etc.).