In this webinar, Wolf discusses the comprehensive process of preparing for the Sage 100 year-end, focusing on fiscal and calendar year-end procedures, vendor and payroll processing, and the Affordable Care Act requirements. She covers essential tasks such as setting up 1099 vendors, processing 1099 forms, handling payroll year-end tasks, and ensuring compliance with IRS requirements. Additionally, Sue offers important updates and changes for 2026, highlighting the significance of staying informed and prepared for the upcoming fiscal year.
- The webinar covers comprehensive year-end processing for Sage 100, including fiscal and calendar year-end preparation, payroll processing, and compliance with IRS requirements.
- New features in the latest payroll update include combined deduction limits for 401k plans, tax occupation code requirements, and no tax on qualified overtime.
- Employers must prepare for ACA reporting by setting up employer and employee information annually and determining the need for 1094/1095 forms based on employee count and insurance offerings.
