BMT Office Administration

JUNE 16, 2023

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

Payroll 52

Payroll Calendars Filing Forms 52

BMT Office Administration

NOVEMBER 16, 2022

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. What is a W-2?

Payroll 52

Payroll Forms Filing Expenses 52

Success

JUNE 19, 2022

When Harry Hecht, an Orlando, Florida-based mentor with SCORE—originally named the Service Corps of Retired Executives—encounters business owners who are reluctant to outsource, he has them track their time. “I I use it with my interns for my blog. But others have a hard time letting go of any tasks, for various reasons.

Elance 290

Elance Suppliers Mentoring Payroll 290

BMT Office Administration

MARCH 4, 2022

The IRS has introduced new online tools with the hope of extending a more customer-friendly face this filing season. Categories in the assistant include Filing Requirement, Form to Use, Due Date; Filing Status and Dependents; Retirement: Pensions, IRAs, Social Security; Other Income (e.g., It’s payroll -friendly, too!

Payroll 52

Payroll 2021 Filing 2002 52

BMT Office Administration

MAY 9, 2024

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. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52

Payroll 2024 Filing 2023 52

BMT Office Administration

AUGUST 5, 2022

Employees file their W-4s and then forget about them. It’s all taxable income recognized by the Internal Revenue Code. Examples: employer contributions for health insurance and to retirement benefits. This world has its own language and, like any foreign language, most people find it confoundingly difficult to understand.

Filing 52

Filing Retirement Salary Expenses 52