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As we jump into 2024, it's important as a business professional to be well-prepared and informed for the new year. This guide provides key dates and events to help you manage tax deadlines, observe federal holidays, and engage in industry-specific celebrations and professional development opportunities.
Staying ahead of these Payroll and HR dates ensures smooth payroll processing, compliance, and a vibrant workplace culture.
Payroll Tax Form 941 and Other Important 2024 Tax Deadlines
Staying on top of tax deadlines is crucial for any business to ensure compliance and avoid penalties. One major payroll tax reporting requirement is Form 941, also known as the Employer's Quarterly Federal Tax Return. This form is used to report tax withholding amounts for estimated income tax payments, employer payments, and FICA taxes, more commonly known as Social Security and Medicare.
Form 941 is a quarterly requirement for employers. Here are the due dates in 2024:
- January 31: 2023 Q4 form due
- April 30: 2024 Q1 form due
- July 31: 2024 Q2 form due
- October 31: 2024 Q3 form due
In addition, year-end tax forms and related items have various due dates from January to April. In our annual Greenshades 2024 Calendar, we highlight many of the key year-end deadlines. Download it to stay informed of each critical date.
Note: The information provided in the calendar is informational and is not intended to be comprehensive tax nor formal legal advice. Always consult your local counsel as well as your organization’s legal and accounting team.
2024 Federal Holidays
Federal holidays can affect payroll processing times and deadlines. In 2024, these are the days when your office might be closed, and banks might not process payments, so plan accordingly.
- January 1: New Year's Day
- January 15: Martin Luther King Jr. Birthday
- February 19: President's Day
- May 27: Memorial Day
- June 19: Juneteenth
- July 4: Independence Day
- September 2: Labor Day
- October 14: Columbus Day
- November 11: Veterans Day
- November 28: Thanksgiving Day
- December 25: Christmas Day
Fun Holidays to Celebrate in 2024
In addition to official holidays and tax deadlines, there are fun, industry-specific days worth acknowledging. These dates provide excellent opportunities to recognize and celebrate your team's hard work and dedication.
- March 1: Employee Appreciation Day
- April 15: Tax Day for individuals
- April 24: Administrative Professionals’ Day
- May 20: International Human Resources Day
- September 1-7: National Payroll Week
- September 26: HR Professional’s Appreciation Day
- October 16: National Boss Day
Key Events Happening for Payroll and HR Professionals
For those in payroll and HR, 2024 is packed with educational and networking opportunities. These key events are where professionals from across the country gather to share insights, trends, and best practices.
- February 26-29: Sage Transform in Las Vegas, NV
- May 7-10: Payroll Congress in Nashville, TN
- May 13-16: DynamicsCon Live in Denver CO
- May 14-15: Bullhorn Engage in Boston, MA
- June 23-26: SHRM Annual Conference and Expo in Chicago, IL
- October 13-17: Community Summit NA in San Antonio
- October 22-24: Staffing World in Nashville, TN
Plan Your Year with the Greenshades 2024 Calendar
As you plan your year, remember to consult with a tax professional for personalized advice, and consider participating in the various conferences and seminars for networking and growth. This proactive approach will position your team for success throughout 2024 and beyond.
Download the Greenshades 2024 to get an effective tool for payroll, HR, and tax management. It's more than just a calendar; it's a comprehensive guide for all your important deadlines, complete with editable notes and reminders. Perfect for professionals and business leaders alike, it ensures you stay organized and ahead of the game.