article thumbnail

5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. Plan for a lower mandatory e-filing threshold. We don’t yet know whether the IRS will issue final regulations dropping the mandatory e-filing threshold down to 100 or more information returns from 250 or more returns.

Payroll 52
article thumbnail

IRS releases details on how to withdraw ERC claims

BMT Office Administration

The IRS has kept its promise to provide relief to employers that filed Forms 941-X to claim the pandemic-era employee retention credit for which they aren’t eligible. Big break: The IRS will treat withdrawn claims as if they were never filed, so no penalties or interest will be levied. Worse: They may face criminal prosecution.

Fax 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

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. You can also fax e-filing waiver requests to 877-477-0575.

Payroll 52
article thumbnail

What does it take to be a successful office manager?

Page Personnel

For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. Office managers may also draft documents, help with payroll, keep an organised office environment and communicate via phone, email and fax (yes, some companies are still using fax machines).

article thumbnail

Three Tips - Preparing for Economic Recovery

Small Business CEO

Others enter the data into payroll, into project tracking systems and then again into client billing systems. A lab order is faxed in. Many financial systems have pre-defined interfaces for import files. Then a coordinator searches for the patient. If information is missing or unreadable, the referring physician is called.

Fax 40
article thumbnail

WinWeb's One-Stop-Shop Business Services For Freelancers, Home.

The Small Business Blog

Any receipts can be uploaded by fax, scanned via email or sent to our processing centre and will be processed within 72 hours of receipt. This is another world-wide first for WinWeb and every business service includes free access to WinWeb’s OnlineOffice as a bonus. You can follow any responses to this entry through the RSS 2.0

2009 100