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The 4 Best Retirement Plans for Self-Employed Individuals to Consider

Success

Saving and planning for retirement as a self-employed person can be more difficult than for others. Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. How is a self-employed retirement plan different from a 401(k)?

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IRS update: digital communication and payroll

BMT Office Administration

He also confirmed FIRE’s eventual retirement, in favor of IRIS. The IRS is just starting the process with the 941s. It’s more challenging with business and payroll returns, because of the power of attorney; the IRS is beginning a POA initiative, he added. While this sounds like a lot to us, Mamo said this was a small number.

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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

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