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IRS poised to allow e-filing of Form 941-X

BMT Office Administration

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. What’s ahead for paperless filing You can still file on paper, if you choose. Earlier this year, it kicked off a new scanning process for Form 940.

Forms 52
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Setting up employee personnel files is an important part of the recordkeeping process. However, sometimes people mistakenly think of these files as a catch-all for an individual’s paperwork. Rather, understand that general personnel files serve a distinct purpose. What to include in an employee’s personnel file.

Filing 121
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Applying for a W2 e-filing waiver

BMT Office Administration

Today’s inaugural edition is focused on applying for a waiver from filing electronically. Who must file electronically? Final regulations issued earlier this year require you to e-file all your information returns if you’re filing a combination of any 10 information returns. Almost everyone.

Filing 52
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3 Ways to Create a Better System for Information Management

All Things Admin

As administrative professionals, managing large amounts of information efficiently is crucial for ensuring smooth operations. Whether it’s handling emails, documents, or projects, having a well-organized system can significantly improve productivity and streamline decision-making processes. Here are two examples of this.

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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Will the secretary be able to keep track of the records and filings? You should complete the process outlined below in the order listed.

Filing 162
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Is Your Workspace a CMRA? Prepare Now For Big Compliance Changes

Allwork

The current Commercial Mail Receiving Agency (CMRA) process is being updated as part of government fraud prevention measures. Under a new regulation published January 12, 2023 , centers will submit client information to a centralized online database rather than rely on paper forms. Why is the process changing?

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. Part of that process starts with taking notes on how you work, for how many hours, and from where. While celebrating U.S.

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