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Year End Reporting Resources
The 2023 Year End update will be available for PBS v.12.06, v.12.07 and v.12.08.
Note: The IRS has mandated that all employers with an aggregate of ten forms
covering W2s, 1099s, 1094 and 1095s must file electronically and are no longer
allowed to submit paper returns during 2024.
The new threshold is effective for information returns required to be filed in calendar
years beginning with 2024. The new rules also apply to tax year 2023 Forms W-2
because they are required to be filed by January 31, 2024.
For more info: Business Services Online (ssa.gov)
Don't forget to visit PBS Tips and Tricks for additional year end articles.
Sample Guidelines and Schedules:
(Note: These are intended as examples, not formal procedural documents.
Please consult your own internal policies to design the appropriate actions
for your company.)
Entering Tax Tables (article) by Peter Dalziel, VP Customer Care
Tax Implications of COVID-19 (article) by Jim Turner, Dir of Training
Month End Maintenance Schedule (pdf)
General Year End Webinars:
Video: 2020 Year End Tips and Topics 1:48:30
Presented on January 19, 2021, by Peter Dalziel, Passport's VP of Customer Care,
this webinar focuses on reviewing and updating the various Federal control values
and tax tables, including current values for the Federal tables, a review of entering/
updating tax tables, as well as a review of the changes involved with the 2020 and
2021 W4 forms and their effect on the determination of Federal Withholding.
2021 Tax Table Outline
PBS Year End 2018 - Introduction and Part 1 6:58
(Note: State tax webinar info has been updated. Correct data is shown on screen)
PBS Year End for PBS Payroll 2018 - Part 2 12:56
PBS Payroll Year End 2018 Reporting - Part 3 14:03
PBS Year End 2018 Reporting - Part 4 16:08
PBS-Based Year End 2018 - Part 5 8:31
Wrapping up the Year in PBS and CashPoint
presented 12.19.17 and edited into 2 parts:
Part l - Software changes related to year end (22:25 mins)
Part II – Year end closing topics (37:00 mins)
ACA Year End Webinars:
New! ACA Filing Tips for 2022 7 Mins
Simplify and Demystify ACA (7 mins)
Year End-Related Topics: Guide to Month End Maintenance in PBS - presented 09.10.2014
Purging in PBS - presented 05.07.13
Click the icon on the lower right corner to enlarge video to full screen.
Creating Test Companies and Archival Companies and Why - presented 01.25.2011
Click the icon on the lower right corner to enlarge video to full screen.
Note: Support for Year-end Dot Matrix Printing has ended.
Are we missing something on this page? Please let us know. Email: training@pass-port.com. Thank you.
Quick Links:
IRS Publication 15-T Federal Income Tax Withholding Methods for use in 2023 (PDF)
Circular E Employer's Tax Guide - for use in 2023
(Excluding Forms 1094/1095)
IRS Listing of State Government Sites
Passport's Section 179 Blog Post
Simple fraud reduction tips
from John Miller, President
Passport Software, Inc.