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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. Plan for a lower mandatory e-filing threshold. We don’t yet know whether the IRS will issue final regulations dropping the mandatory e-filing threshold down to 100 or more information returns from 250 or more returns.

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12 Last-Minute Gift Ideas For Digital Nomads

Allwork

It helps avoid the hassle of sending loads of emails to try and find a convenient time to meet. . Even if they won’t file their tax returns themselves, it’s useful to be able to digitize all receipts and costs so that they can keep track of what’s happened during the year. Email marketing and newsletter subscription .

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CFPB warns against money apps for paying employees

BMT Office Administration

Direct deposit works through the Automated Clearing House (ACH) network—you instruct your bank to prepare a payroll file and it disburses employees’ pay electronically to their banks. Problem: Compared with the ease of downloading an app, taking the extra steps the app requires for FDIC protection may not be intuitive to most people.

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

Keeping track of paperwork can be a challenge, It’s easy to misplace a file or even spill coffee on a document on your desk. If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Better file retention compliance. Saving time.

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Make Procedures Development a Habit, Not a Project

All Things Admin

For example, you may allocate specific time periods throughout the day to check email or send out meeting agendas and reminders. Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. The rhythm of the week dictates what you can fit in and where.

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