Easy and Detailed Checklist to Help You Stay in Control
With so much to accomplish, year-end can be overwhelming. So what is the key to scoring a winning year-end? Understanding that it is actually a year-long process.
Year-end should not be managed as though it begins in October and ends in March. Like a season-winning playbook, an orderly and methodical plan should be mapped out and followed throughout the entire year. Preparing in advance will help to avoid mistakes and a last-minute scramble to get it all done in time, which often results in having to make time-consuming and expensive corrections after forms are filed. An employer may also end up being liable for costly penalties and fines to
federal and state taxing agencies, which negatively affects the
organization's overall bottom line.
Use the following checklist and guidance to stay in control and easily tackle
year-end planning challenges.