2020 Payroll Year-End Guide and Checklist
The 2020 Payroll Year-End Special Report and Check List were prepared jointly by KPMG LLP's (KPMG) Employment Tax professionals and editors at Bloomberg Tax.
A publication from KPMG LLP's Employment Tax practice that covers current developments for payroll and employment tax.
Payroll Insights is published periodically throughout the year as developments occur. The Employment Tax practice is interested in your feedback, including any topics you might like to see addressed in future issues.
November 1, 2020: Read about the updated New York telecommuting rules and register for upcoming year-end payroll webcasts.
October 13, 2020: This issue highlights the 2020 year end checklist, the latest in federal payroll returns, New Jersey's Withholding Update, and more.
September 1, 2020: KPMG report: Initial analysis of Notice 2020-65, guidance on employee payroll tax referral
August 19, 2020: Read the latest issue which includes the latest updates on the presidential memorandum on deferring payroll tax obligations (COVID-19).
June 25, 2020: Read the latest issue with updates on Form 941, Remote and Mobile Worker Relief Act of 2020 and more.
June 11, 2020: This issue provides an update on the U.S. Labor Department ERISA rules, and the latest state and local tax guidance on COVID-19.
May 22, 2020: This issue provides information on the IRS fact sheet on COVID-19-related paid leave, as well as related state updates; an FAQ on employee retention credit, and more.
May 5, 2020: This issue covers KPMG's initial impressions of additional FAQs on the employee retention credit; draft Employer's Quarterly Federal Tax Return, and updates on state guidance for COVID-19.
April 17, 2020 - This issue provides an IRS FAQ for the CARES Act, as well as state and local employment tax guidance related to COVID-19.
April 14, 2020 - This issue provides updates on IRS Form 941, draft versions of Form 7200, and state and local employment tax guidance in response to COVID-19.
March 31, 2020 - This issue provides updates on the CARES Act and state and local tax guidance related to COVID-19.
March 18, 2020 - This issue provides updates on compensation and benefits concerns and employee hardship assistance related to COVID-19.
January 15, 2020 - This issue provides an update on Form W-4, state withholding certificates, standard mileage rates for 2020, and tax relief for taxpayers affected by Puerto Rico earthquakes.