BMT Office Administration
OCTOBER 6, 2022
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.
BMT Office Administration
AUGUST 4, 2023
You send the payroll file to your bank a few days before payday and your bank sends files through the ACH network to employees’ banks. FedNow You would not want to use same-day settlement for your regular payroll , because some additional cost is involved. You get your file to your bank by 2:45 p.m.
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Allwork
DECEMBER 23, 2022
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. And for self-employed freelancers or business owners, you can generate invoices, manage your payroll and track time on projects. .
BMT Office Administration
JUNE 22, 2023
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.
Success
JUNE 19, 2022
From the moment she opened Ditto Boutique, a luxury consignment store in Dallas, Jane DeNike outsourced the complex tasks of payroll and paying taxes to a bookkeeper and accountant. While you’re certainly capable of answering the telephone, filing and ordering supplies, why waste your time on drudgery that almost anyone could do?
BMT Office Administration
JUNE 22, 2022
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.
All Things Admin
FEBRUARY 8, 2024
Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. For example, you may allocate specific time periods throughout the day to check email or send out meeting agendas and reminders. Create rituals – or habits – that you automatically do.
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