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January Payroll Class Review January Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit “941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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February Payroll Class Review February Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit “941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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March Payroll Class Review March Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit “941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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April Payroll Class Review Quarterly Reports – 1st Quarter
Form 941 – Federal FICA/FIT Form Form IL-941 – Illinois Quarterly SWT Form Form UI-3/40 – Illinois SUTA Form & Payment FUTA – if over $500, then electronically deposit. April Payrolls Payroll Register – Cut Checks Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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May Payroll Class Review May Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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June Payroll Class Review June Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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July Payroll Class Review Quarterly Reports – 2nd Quarter
Form 941 – Federal FICA/FIT Form Form IL-941 – Illinois Quarterly SWT Form Form UI-3/40 – Illinois SUTA Form & Payment FUTA – if over $500, then electronically deposit. July Payrolls Payroll Register – Cut Checks Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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August Payroll Class Review August Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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September Payroll Class Review September Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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October Payroll Class Review Quarterly Reports – 2nd Quarter
Form 941 – Federal FICA/FIT Form Form IL-941 – Illinois Quarterly SWT Form Form UI-3/40 – Illinois SUTA Form & Payment FUTA – if over $500, then electronically deposit. October Payrolls Payroll Register – Cut Checks Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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November Payroll Class Review November Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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December Payroll Class Review December Payrolls
Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax
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January Payroll Class Review Quarterly Reports – 4th Quarter
Form 941 – Federal FICA/FIT Form Form IL-941 – Illinois Quarterly SWT Form Form UI-3/40 – Illinois SUTA Form & Payment FUTA – if over $500, then electronically deposit. Annual Reports W2’s – Give to Employees by January 31st W3 – Sent to SSA with W2’s by January 31st Form 940 – Annual FUTA form by January 31st
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