Remove Forms Remove Information Remove Payroll Remove PDF
article thumbnail

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

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2?

Payroll 52
article thumbnail

Applying for a W2 e-filing waiver

BMT Office Administration

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. The Social Security Administration’s no-programming e-filing option— W-2 Online —allows you to key information into a PDF of the W-2. Who must file electronically?

Filing 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

New guidelines for electronic W-4s you probably missed

BMT Office Administration

The IRS states that electronic substitutes for Form W-4 aren’t a license to simplify or modify the form. 15-T: Electronic systems set up as a substitute to paper Forms W-4 must exactly replicate the text and instructions from the face of the paper Form W-4 beginning with Step 1c through Step 4c (inclusive).

Forms 52
article thumbnail

Business and IT - Adversaries or Partners?

Small Business CEO

Does your company’s Information Technology area act more like competitors rather than partners with the business? Watch for some of these warning situations: • Everyone knows HR cuts payroll checks, and finance pays vendors. Form a prioritization committee comprised of IT management and business leaders.

Payroll 40