W2's

[dhbearguy]

So does anyone work in a payroll department.

With advanced technology, why does a payroll department that uses ADP or any other big payroll vendor wait till the last minute to send W2's out the door? Is there some benefit to the company for this annoying delay?

Comments

[sfmini.livejournal.com]

I've been doing payroll the better part of the last 20 years, some in house, some with outside services. It's mostly because a lot of companies, especially large ones, have multiple adjustments and corrections. These changes are usually for the top level execs. Generally speaking ADP or any other payroll service won't do w-2s until they know they won't have any further corrections.