--- title: "Tax Essentials Guide" slug: "tax-essentials-guide" updated: 2026-11-04T23:46:11Z published: 2026-11-04T23:46:11Z canonical: "www.procaresupport.com/tax-essentials-guide" --- > ## Documentation Index > Fetch the complete documentation index at: https://www.procaresupport.com/llms.txt > Use this file to discover all available pages before exploring further. # Tax Essentials Guide Year-end can feel overwhelming, but Procare gives you the tools and resources you need to prepare W2s, 1099s, and other essential reports, and to reconcile your accounts. Below you’ll find guidance on the most common year-end questions. --- ### Tax Essentials Review information and guidance on common tax questions and scenarios ##### W2s and Tax Forms - [W2s and Tax Forms](https://www.procaresupport.com/procare-desktop/docs/w2s) - [What changed about W4s?](/procare-desktop/docs/frequent-questions-about-w4s-form-w-4) - [Electronic Filing: Does Procare allow me to e-file W2s?](https://www.procaresupport.com/procare-desktop/docs/e-filing#electronic-filing-does-procare-allow-me-to-efile-w2s) - [How do I print W2s separately for each location?](https://www.procaresupport.com/procare-desktop/docs/w2s#each-school-has-a-different-tax-id-tin-how-do-i-print-w2s-separately) ##### Tax Tables - [When are changes to tax tables available in Procare?](/procare-desktop/docs/tax-tables-for-the-new-year) - [Does Procare update FUTA or SUTA (unemployment taxes)?](https://www.procaresupport.com/procare-desktop/docs/unemployment-taxes#does-procare-update-futa-or-suta-unemployment-taxes) ##### Vendor Tracking - [How do I set up Vendor Tracking for 1099s?](https://www.procaresupport.com/procare-desktop/docs/en/configuration-set-up-1#how-do-i-set-up-vendor-tracking-for-1099s) ##### Beginning Balances - [How do I calculate beginning balances for the New Year?](/procare-desktop/docs/calculate-beginning-balances-for-new-year) ##### More Tax Resources - [Tax Deposit Example](https://www.procaresupport.com/procare-desktop/docs/tax-deposit-example) ### End of Year Reconciliation Financial reconciliation ensures your records are accurate and aligned. As we close out the year, here are key resources and tasks to help you stay on track: ##### Getting Started - If you are new to reconciliation, you may like to review our [Reconcile First Time](https://www.procaresupport.com/procare-desktop/docs/reconcile-first-time) article. ##### Common Scenarios - For Bank Statement Reconciliation [Bank Statement Reconciliation](https://www.procaresupport.com/procare-desktop/docs/bank-statement-reconciliation) - If you have a digital payment that was successfully processed but did not post to the ledger, follow these steps [Reconcile Digital Payments](https://www.procaresupport.com/procare-desktop/docs/reconcile-digital-payments#reconcile-digital-payments) ##### Recommended Year-End Tasks - [Calculate Beginning Balances for a New Year](https://www.procaresupport.com/procare-desktop/docs/calculate-beginning-balances-for-new-year) - Create new [General Ledger Dates](https://www.procaresupport.com/procare-desktop/docs/general-ledger-dates) --- ### FAQ #### **Can I show a housing allowance on W2s?** Yes. You may wish the housing allowance to appear in a specific box on the W2, for example, the box for “other”. If you are using Procare W2 / 1099 Software, you can manually edit W2s for that person as needed. Contact your tax adviser or the IRS to determine how the information should be reported. #### **How can I tell if I have the most current tax tables?** From the *Procare Home* screen, go to *Configuration > System > Accounting Management > Payroll > dbl-click Payroll Formulas*. At the *Payroll Formulas* screen, choose either the *Federal* or *State* category (top left). On the right-hand side of the screen you’ll see a *Start Date* which indicates the effective date. In most cases this will be January of the current year. Mid-year changes will show a date after January 1st. ![image.png](https://cdn.document360.io/cbafbd2c-42f8-485b-84e3-f3812fe8a596/Images/Documentation/image%2843%29.png) #### **How do I get the tax tables for the new year?** If you are downloading the tax tables for the first time, ![link icon](https://cdn.document360.io/cbafbd2c-42f8-485b-84e3-f3812fe8a596/Images/Documentation/link.svg) learn more about [how to download the initial tax tables](/procare-desktop/docs/federal-state-tax-tables-first-time-download). ![link icon](https://cdn.document360.io/cbafbd2c-42f8-485b-84e3-f3812fe8a596/Images/Documentation/link.svg) If you need to update, learn more about how to [update your taxes for the new year.](/procare-desktop/docs/tax-tables-for-the-new-year)