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

ProAssisting Blog

They manage schedules, handle emails, organize files, and take care of various administrative duties. A remote executive assistant conducts market research, gathers valuable data, and provides insights crucial for informed decision-making and staying ahead in competitive markets.

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Payroll update: Student loans, free tax filing, and more

BMT Office Administration

You should inform employees of this development. Free File is a collaborative effort between the IRS and commercial tax software firms under which taxpayers with incomes under a certain threshold who file simple returns can file their returns, well … for free. 29, which is 60 days from June 30. The problems?

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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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IRS update: digital communication and payroll

BMT Office Administration

Mamo reviewed some initiatives, including IRIS , the IRS’ new simplified platform for filing 1099s. Information return filers filed about 300,000 to 400,000 1099s through IRIS this past winter. In July the IRS will roll out a bulk filing feature for IRIS. He also confirmed FIRE’s eventual retirement, in favor of IRIS.

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IRS releases e-filing waiver guidance

BMT Office Administration

Final regulations implement the Taxpayer First Act by requiring you to e-file all your information returns—your W-2s, 1099s, 1095s, and other information returns—if you’re filing a combined total of at least 10 returns, beginning with returns filed next year. This is a new standard.

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

BMT Office Administration

What’s ahead for paperless filing You can still file on paper, if you choose. The IRS’ paperless initiative takes this one step beyond scanning payroll returns. It says by next winter’s filing season, you should be able to e-file Forms 941-X and 945-X and amended Form 940. MeF accepts files in the XML format only.

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Bank failures and payroll — what employers should know

BMT Office Administration

A close call The FDIC announced Monday that it would protect all deposits, which means employers should have no problem making their payrolls. You can jot these points down and put them away in the hopefully-we’ll-never-need-to-use-this file. Explore whether it’s possible to switch your payroll accounts to another bank.

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