BMT Office Administration
MAY 30, 2022
Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.
BMT Office Administration
OCTOBER 31, 2023
Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?
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BMT Office Administration
JULY 28, 2022
Lawyers have a code of ethics running to booklet form and so do doctors (a one-pager) and accountants. The American Payroll Association’s code of ethics includes eight points, but let’s stick to three of them: To strive for perfect compliance, accuracy, and timeliness of all payroll activities. No, according to the IRS.
Success
NOVEMBER 10, 2022
I know a rich man who has become such a slave to the habit of economizing, formed when he was trying to get a start in the world, that he has not been able to break away from it. Trying to cut the payroll down to the lowest possible dollar has ruined many a concern. Good Quality Is the First Requisite.
Allwork
JUNE 6, 2022
This, of course, has an impact on how much office space is actively required. After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. With the war for talent raging on, not offering some form of flexibility can prove detrimental to a company’s recruitment prospects.
BMT Office Administration
APRIL 27, 2022
Your first-quarter Form 941 is due Monday, May 2. So you have two more days to ensure your form is correct (yay!). But of course, those two days fall on the weekend (boo!). Ensure the EIN you enter on the form exactly matches the EIN the IRS assigned to your business. Mail or email your form on time.
BMT Office Administration
MARCH 16, 2022
The cause, of course, is the pandemic, plus comically tragic underfunding for well over a decade. 2021 Form 1040 tax filing stats so far. What’s up with Forms 941? million unprocessed Forms 941 and 360,000 unprocessed Forms 941-X, some of which it can’t process until the related 941s are processed.
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