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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. Even though time is ticking down, it would be prudent to act as if the IRS will issue these regs in time for 2023 filing. Send independent contractors Form W-9 to capture their SSNs and addresses. Test your systems for 2022 filing.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

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 The first case, Moore vs. U.S.,

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