BMT Office Administration

JUNE 16, 2023

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

Payroll 52

Payroll Calendars Filing Forms 52

BMT Office Administration

NOVEMBER 16, 2022

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52

Payroll Forms Filing Expenses 52

BMT Office Administration

MAY 9, 2024

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 From the implementation of SECURE 2.0

Payroll 52

Payroll 2024 Filing 2023 52

BMT Office Administration

JUNE 26, 2023

In fact, ROBS is currently the most popular form of business financing in 2023. The catch is that a business’s fiscal year does not have to line up with the traditional calendar year. However, to avoid confusion, most companies ensure that their fiscal year aligns with the current calendar year.

Finance 105

Finance Expenses Retirement Calendars 105

BMT Office Administration

MAY 26, 2023

But doing this would have left him with a negative deduction for health insurance. Downstream ramifications of incorrect codes Incorrect earnings codes lead to incorrect W-2s, which lead to corrections on Forms W-2c and 941-X, Stone pointed out. Once you cross calendar years, you can’t correct income tax withholding.

Salary 52

Salary Forms Health Calendars 52

Recruit CRM

APRIL 14, 2020

There should also be a ‘Write to Us’ or ‘Message Us ‘form that comes straight to your inbox, with an automated ‘thank you’ message and mentioning how quickly you will get back to them ( one or two working days at best). Visitor – Health Sector.

Temping 52

Temping Social Media Agencies Payroll 52