2021 Expenses Management Payroll 
BMT Office Administration
JANUARY 11, 2023
Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Here are five items we see coming this year. Final e-filing regs.
BMT Office Administration
MARCH 4, 2022
I zipped through the Did I receive Social Security benefits during 2021 and Did I provide more than half my support during 2021 screens, only to be stymied by how the assistant displays one’s date of birth. It’s payroll -friendly, too! 503, Child and Dependent Care Expenses , does a good job of explaining these changes.
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BMT Office Administration
JUNE 26, 2023
That trend continued in 2021, with only 34% of small businesses applying for bank loans. While this may seem complicated at first glance, it becomes easier to grasp when you understand a few key concepts about financial management. Revenue differs from profit in that revenue doesn’t include expenses. Why is that? The good news?
BMT Office Administration
NOVEMBER 16, 2022
It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Booth copies must be sent out by January 31.
C-Suite Assistants
FEBRUARY 7, 2022
As a company Founder or CEO, you may be looking for an executive assistant to schedule meetings, organize business trips, as well as manage many aspects of your personal life. In 2021, that number has skyrocketed to 40 percent! They are involved in every aspect of the person’s life and business, managing every detail.
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