3 weeks ago
2025 is right around the corner! Start planning for year end now
Three ways to get ahead of year end and wrap the year smoothly:
- Plan for Holiday Bank Closures. If your planned payroll date falls on a bank holiday, please plan for additional payroll processing time to avoid any delays in payment.
- Monday, November 11th (Veterans Day)
- Thursday, November 28th (Thanksgiving Day)
- Wednesday, December 25th (Christmas Day)
- Wednesday, January 1st (New Year's Day)
- Request reversals for any YTD payrolls. If you need to request a reversal for any payroll processed between January 1st - present, you must do so before 5pm ET on Friday, November 22nd, 2024.
- Double-check your worker classifications. Make sure your workers are classified correctly as employees, loan-outs, or contractors. The deadline to update classifications is 5pm ET on Thursday, January 2nd, 2025. If you find a worker that is misclassified, please reach out to support@wrapbook.com as soon as possible.
Questions? See common end-of-year FAQs here, or reach out to support@wrapbook.com.