Remove Expenses Remove Health Remove Information Remove Payroll
article thumbnail

Best Virtual Assistant Services - Elevating Your Business with a Remote EA

ProAssisting Blog

A remote executive assistant conducts market research, gathers valuable data, and provides insights crucial for informed decision-making and staying ahead in competitive markets. Analytical Insights and Research Expertise In an increasingly data-driven world, research and analysis are paramount.

Payroll 650
article thumbnail

Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. This includes income tax returns, Forms 941 and 940, and information returns.

Payroll 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Best Financial Management Tools for Personal and Professional Use

Success

So, if you are keeping up with income and expenses, you can quickly pull the data without much thought. Google Sheets is also helpful if you’re self-employed and like to keep information in one place without needing a fancy user interface. This can help you figure out how much to allocate to this expense each month. No problem.

article thumbnail

4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Jackson Women’s Health Organization decision, which reversed Roe v.

Payroll 52
article thumbnail

6 Creative Ways to Solve a Problem

Success

With reverse brainstorming, everyone offers how to decrease sales, increase employee turnover, raise expenses—bring us your worst. But lack of sleep not only takes a toll on your health. That is, process and correlate the information of the day in ways our waking minds may have missed.

Suppliers 362
article thumbnail

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

BMT Office Administration

Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

Payroll 52
article thumbnail

Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. These types of violations can cost your organization $75,000+ , so keeping confidential information separate is a must.

Filing 52