Before closing your Fingercheck account, it’s important to understand how your termination type affects tax filings, billing, and account access. This guide walks you through the three termination options—year-end, quarter-end, and immediate—so you can choose the right path for your business. We’ll also cover what to expect for final fees, required actions, and how to ensure a smooth transition.

Termination types, taxes, and filings

There are three types of terminations, and each one has different tax implications. When submitting your request, you’ll need to select a termination type.

Year-end termination

Fingercheck will file up to the end of the current tax year, including all quarterly and annual filings and W-2s/1099s. We will bill you $50 per month until December 31st, and we will terminate your account on March 1st of the following year. Prepayment is required at the time of termination.

Example: Business is closing; Switching payroll providers at year-end.

Quarter-end termination

Fingercheck will file up to the end of a selected quarter. We will not provide annual filings or W-2s/1099s. You’ll be billed through the billing cycle that includes your last payroll, and your account will be terminated at the end of the month following the selected quarter.

Example: Switching payroll providers at the end of the quarter.

Immediate termination

Fingercheck will not file any future tax returns nor provide W-2s/1099s. Be sure to submit your termination request by the 21st of the last month of the quarter to avoid filing. The account will be closed within 7-10 business days after outstanding invoices are paid and the termination request is received. Any undeposited SUI and FUTA taxes will be refunded.

Example: Switching payroll providers effective immediately.

Important notes about tax filings

Business closures: If your business is closing, Fingercheck is not authorized to close your state payroll account (file a final return).
- Please close your state payroll account after all quarterly, annual, and W-2s/1099s have been filed.

Billing

Your account cannot be closed until all outstanding invoices are paid and any applicable prepayment fees are received.
For year-end terminations, the payment method on file will be charged within 5-7 business days of receiving your termination request. If you want to change your payment method, please contact our Billing Department at billing@fingercheck.com or call (800) 610-9501, ext. 3.

Standard fees by termination type

This chart provides a summary of the termination fees that might appear on your final invoice.

Termination Type	Fee Type	Description & Standard Fees
Year-end	Monthly subscription fee	Cancellation month: Full monthly charge billed; no prorating.
	Year-end termination fee	$50/month until 12/31, billed as a lump sum
	Quarterly filings (included)	Form 941 and state filing
	Year-end processing fee	$200 + $6 for each W-2/1099 form (5 forms minimum)
	ACA filing (optional)	Forms 1094/1095-C: $250 + $6 per form
	1099-NEC filing (optional)	Form 1099-NEC: $125
Quarter-end	Monthly subscription fee	Your billing cycle will include your last payroll.
	Quarterly filing (included)	Form 941 and state filing
Immediate	Monthly subscription fee	If your last invoice was issued more than 7 days ago, you will be charged for the entire month.

Turn off auto-run payroll

Before submitting a termination request, you must change some settings:
- Log into Fingercheck
- Navigate to Payroll > Auto Run Payroll to deactivate Auto Run.
  - All three toggles should be deactivated.
Next, go into default settings and toggle off reminders for payrolls
- Navigate to Setup
- Go to Company > Check the box to “Disable Payroll Process Reminders."
- Click Save

Reports

Before termination, we recommend downloading your quarterly and annual returns for your records.
To download:
- Navigate to Payroll
- Go to Forms & Notices
- Click the Quarterly Tab and/or the Annual Tab.
  - Use the download arrow to download to your computer and save accordingly.