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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. Updates will be available in the same way.

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The 10 Best Goal Setting Apps to Help You Stay on Track

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How much does the app cost? Make sure you know what you’re signing up for and read the cancellation policy before entering your credit card information. An app can have many exciting features, like monitoring multiple goals, a task manager or to-do lists, access to a personal coach and integration with your calendar or other apps.

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Final regs drop mandatory e-filing threshold to 10 or more information returns

BMT Office Administration

We’ve been waiting for the IRS to release final regulations on mandatory e-filing of information returns for quite some time. 31 e-filing deadline, we made an educated guess and said it wouldn’t make the same mistake again. Options for small employers: Small employers may never have thought about e-filing.

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5 Smart Money Hacks to Help You Budget for the Holidays

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But even with inflation going down, I knew I could be setting myself up for disappointment. So, before I start shopping, I come up with a realistic figure that I can spend on holiday presents. One year, I even wrapped up some of my favorite books from my bookshelf to give. I honestly love gift-shopping. Remember, it’s December.

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How To Hire And Manage Freelancers, According To Experts

Allwork

Clear communication up front, and continuing conversation through regular check-ins and transparent project management helps streamline workflows and prevent confusion. Source: “The Real Cost of Freelance vs. Full-Time Employees” What is a freelancer? Is the freelance industry growing or fading? It’s growing.

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The Vanishing Executive Assistant—NOT!

Office Dynamics

The writer immediately points out that technology and automation have chipped away at duties like papers to be filed and landlines to be answered. And yet assistants help file digital documents and manage calls through their cell phones, so the skills required for these tasks haven’t completely gone away. She is living it up.

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What is a SIMPLE IRA? Everything You Need to Know

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Keep reading to learn more about this retirement plan and how it stacks up against other options. SIMPLE IRAs are relatively straightforward to set up and maintain. If you are older than age 50, the plan allows you to make an additional $3,500 in ‘catch-up’ contributions, or $19,000 total. They have lower maintenance costs.