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Payroll update: Student loans, free tax filing, and more

BMT Office Administration

Free File is a collaborative effort between the IRS and commercial tax software firms under which taxpayers with incomes under a certain threshold who file simple returns can file their returns, well … for free. The IRS and state tax agencies have long-standing agreements to share tax data. The problems? Don’t be overconfident.

Payroll 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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Employers need to prepare W-2 security plans

BMT Office Administration

The FBI and the Cybersecurity & Infrastructure Security Agency recently issued an alert to critical infrastructure companies warning them of a new ransomware attacker. The agencies’ advice was to: Secure remote access tools. Update software to the latest version and apply patching updates regularly.

Payroll 52
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12 Last-Minute Gift Ideas For Digital Nomads

Allwork

Some of the course subjects on offer include graphic design, web development, digital marketing, data science, life coach training, software engineering, science and tech, design and style, and business. . Accounting software subscription . Some examples of digital accounting software packages include FreshBooks and Bench.co. .

Gifts 290
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How Hiring Virtual Assistants Can Boost Employee Performance and Work-Life Balance

Success

Laith Masarweh, founder and CEO of Assistantly, an agency that connects businesses with virtual assistants around the world, says that in the third quarter of 2022, bosses hiring VAs for their employees increased significantly, by 10% to 15% of Assistantly’s business. Their answers can be revealing.

2023 258
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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. The IRS’ paperless initiative takes this one step beyond scanning payroll returns. This should speed up your tax refunds considerably.

Forms 52
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Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

This can include work done by administrative, maintenance, clerical or security staff directly to support the project, but not work that would have been done anyway, like managing payroll. If you hire agency workers, you can claim back up to 65% of the agency fees.

Agencies 120