1. January PayrollsJanuary Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit “941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review January

2. February PayrollsFebruary Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit “941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review February

3. March PayrollsMarch Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit “941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review March

4. April PayrollsApril Payrolls Payroll Register – Cut Checks Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review April Quarterly Reports – 1 st QuarterQuarterly Reports – 1 st 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.

5. May PayrollsMay Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review May

6. June PayrollsJune Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review June

7. July PayrollsJuly Payrolls Payroll Register – Cut Checks Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review July Quarterly Reports – 2nd QuarterQuarterly 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.

8. August PayrollsAugust Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review August

9. September PayrollsSeptember Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review September

10. October PayrollsOctober Payrolls Payroll Register – Cut Checks Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review October Quarterly Reports – 2nd QuarterQuarterly 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.

11. November PayrollsNovember Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review November

12. December PayrollsDecember Payrolls Payroll Register – Cut Checks / Pay Employees Update Employees’ Earnings Records Record Journal Entry Electronically Deposit“941” Taxes Electronically Deposit Illinois SIT Withholding Tax Payroll Class Review December

13. Annual ReportsAnnual Reports W2’s – Give to Employees by January 31 st W3 – Sent to SSA with W2’s by February 28 th Form 940 – Annual FUTA form by January 31 st Payroll Class Review January Quarterly Reports – 4 th QuarterQuarterly Reports – 4 th 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.