Remove Download Remove Filing Remove Payroll Remove Phones
article thumbnail

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.

Payroll 52
article thumbnail

Introducing FedNow: The Fed’s new direct deposit service

BMT Office Administration

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.

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

12 Last-Minute Gift Ideas For Digital Nomads

Allwork

One popular travel accessory that every digital nomad needs is a travel adaptor so that they can recharge all their devices, from laptops, cameras and cell phones to digital watches and alarms. . And for self-employed freelancers or business owners, you can generate invoices, manage your payroll and track time on projects. .

Gifts 284
article thumbnail

The What, Who and How of Outsourcing… So You Can Let Go

Success

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?

Elance 282
article thumbnail

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