article thumbnail

Best Virtual Assistant Services - Elevating Your Business with a Remote EA

ProAssisting Blog

A remote executive assistant adept in bookkeeping handles invoicing, expense tracking, payroll, and other financial tasks, maintaining the business's financial health. Financial Expertise for Optimal Bookkeeping Accurate financial management is critical.

Payroll 650
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sorting out taxes and reporting for a deceased employee

BMT Office Administration

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
article thumbnail

Small business tax credits and deductions you should know about

BMT Office Administration

And now is the time to think about them, since the tax-filing deadlines for calendar-year corporate returns are fast approaching—March 15 for S corps and April 18 for C corps. For certain small businesses, however, the credit is effectively refundable , depending on the size of their payroll. For tax years beginning after Dec.

Payroll 98
article thumbnail

10 Simple Tips to Improve Your Time Management Skills

Success

If you work at a company) Why am I on the payroll? Then put them in your calendar before anything else. Ask yourself the following questions to help identify what’s important: What is the highest value-added action I can do? What can I, and only I, do that I’ve done well before to make a difference? (If

Skills 255
article thumbnail

IRS releases details on how to withdraw ERC claims

BMT Office Administration

for a particular calendar quarter). How to withdraw an ERC claim How to withdraw your ERC claim depends on how far along the IRS got in processing your 941-X and whether your third-party payroll provider submitted it for you. If your payroll provider was involved, the IRS advises you talk to them.

Fax 52
article thumbnail

Time management tools to help you get ahead at work

BMT Office Administration

If you use QuickBooks for payroll processing , the integration is convenient. This is a great way to not only track time for payroll and attendance purposes, but also to get a better idea of how your staff is spending time. It works well for individuals who want an application to manage their calendar and create to-do lists.