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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

health, dental, vision, retirement) and involuntary deductions, like garnishments. Wages and accrued benefits paid in the same calendar year as death are exempt from income tax withholding, but are subject to FICA and FUTA. For the year the employee died, you file W-2 and 1099-MISC forms.

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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. Form W-2 filing requirements.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

It provides provisions aimed at improving employee retirement outcomes and makes starting 401(k) plans more attractive and beneficial for employers – even those with 50 or fewer employees. encourages employers to provide retirement plans by offering tax incentives and credits. You can also fax e-filing waiver requests to 877-477-0575.

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Work-Life Balance 2.0 and Small Business | THE SMALL BUSINESS BLOG

The Small Business Blog

This has created not only many health problems like cardiovascular disease, a weaker immune system, frequent headaches, backache to name but a few, but also social problems in areas like child-care, care for relatives, increase in divorces and other symptoms of a social fabric breakdown. Work-Life Balance 2.0 Well don Interwatch Security!

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Bored to Tears at Work - Help!

Musings of a High-Level Executive Assistant

Right now I just put things on his calendar and order food. Do all the things no one has time to do - write a will, set up your 401k and retirement, organize your tax receipts, organize all your car maintenance files, balance your checkbook. Your health and sanity should not be compromised. Many thanks! I feel your pain.