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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Final e-filing regs. 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. Axed business travel budgets.

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Early direct deposit may be an alternative to on-demand pay

BMT Office Administration

Regardless of the sales pitch, on-demand pay is a boondoggle for Payroll. Every vendor will tell you why their on-demand pay program is worry-free for Payroll—it’s OK because employers are cut out of the process, or it’s OK because employers are part of the process. Update to on-demand budget provisions.

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Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

It’s a rare occurrence when reading an article about a city budget makes me sad, but it happened just a few moments ago. The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. But, he said, the city could use the payroll savings. especially in the current economy.