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IRS poised to allow e-filing of Form 941-X

BMT Office Administration

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. What’s ahead for paperless filing You can still file on paper, if you choose. Earlier this year, it kicked off a new scanning process for Form 940.

Forms 52
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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.

Payroll 52
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The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

.  However, the final rules and details on how the various programs will work are still being worked out by the state and federal agencies tasked with administering them. Individuals earning less than $75,000 (based on their most recent annual tax filing) can expect a one-time cash payment of $1,200.

Payroll 152
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Elevate Your Productivity: What is the Benefit of Hiring a Permanent Executive Assistant Over a Temporary Executive Assistant?

C-Suite Assistants

Organizations sometimes even take a Temp to Hire approach to filing an executive assistant role because they want to try out an executive assistant before committing to a more permanent relationship. This familiarity serves as an invaluable asset in streamlining current processes and anticipating future needs.

Temping 86
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Summertime tax scams are going strong

BMT Office Administration

We are writing to inform you abount an important matter regarding your recent tax return filing. You will receive a tax refund of $976.00 , We will process this amount once you have submitted the document we need for the steps to claim your tax refund. Remember, there’s nothing quick or easy about claiming the ERC.

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It’s time to review (or create) your document retention policy

BMT Office Administration

Courts and government agencies frown upon individual employees selectively keeping or tossing important documents. Assembling a team that approaches the process from different angles and spheres of expertise can prove valuable. Keep copies of your filed tax returns permanently. Such action raises concern about cover-ups.

Policies 105
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Stay organized and secure with electronic records management

BMT Office Administration

Organizations need to keep various records as proof of business processes and activities. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. Electronic files allow approved people to get what they need regardless of where they are at. Payroll information.