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Applying for a W2 e-filing waiver

BMT Office Administration

Today’s inaugural edition is focused on applying for a waiver from filing electronically. Who must file electronically? Final regulations issued earlier this year require you to e-file all your information returns if you’re filing a combination of any 10 information returns. Almost everyone.

Filing 52
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Is Your Workspace a CMRA? Prepare Now For Big Compliance Changes

Allwork

Under a new regulation published January 12, 2023 , centers will submit client information to a centralized online database rather than rely on paper forms. The following information is intended to help business centers and coworking spaces understand the changes coming their way. Background: What are the current rules?

USPS 246
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IRS releases e-filing waiver guidance

BMT Office Administration

Final regulations implement the Taxpayer First Act by requiring you to e-file all your information returns—your W-2s, 1099s, 1095s, and other information returns—if you’re filing a combined total of at least 10 returns, beginning with returns filed next year. This is a new standard.

Filing 52
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8 Tools To Help Build An Efficient Asynchronous Workflow

Allwork

At the Zoomtopia 2023 event , the company unveiled its vision for the future of work, which places an emphasis on hybrid collaboration and new AI-driven enhancements for its software. In fact, the app’s usage even surpassed that of Zoom during February to June of 2023, as reported by Business of Apps. increase year-over-year.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. Firstly, it is the simplest and least expensive form of business to set up and maintain. While celebrating U.S.

Legal 261
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SEP IRA: What You Need to Know About This Retirement Plan Option

Success

Because SEP IRAs require employers to make all the contributions, this form of individual retirement account is generally best for the self-employed or small business owners with only a few employees. Unlike other retirement plan options, there are no filing requirements or expensive fees to maintain a SEP IRA.

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Hybrid Work Here to Stay: New Deloitte Survey Unveils Persistent Popularity, Challenges

Allwork

More specifically, 22% are reported to be working fully remote, while 34% have adopted a hybrid schedule that averages around 3 days in the office and 2.6 days at home. Many remote employees (both fully remote or hybrid) faced challenges related to devices, systems, and connectivity.