Success

JULY 18, 2023

Saving and planning for retirement as a self-employed person can be more difficult than for others. Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. How is a self-employed retirement plan different from a 401(k)?

Retirement 215

Retirement Salary 2023 Payroll 215

BMT Office Administration

MAY 25, 2023

Mamo reviewed some initiatives, including IRIS , the IRS’ new simplified platform for filing 1099s. Information return filers filed about 300,000 to 400,000 1099s through IRIS this past winter. In July the IRS will roll out a bulk filing feature for IRIS. He also confirmed FIRE’s eventual retirement, in favor of IRIS.

Payroll 52

Payroll Filing Retirement Salary 52

Success

JUNE 19, 2022

When Harry Hecht, an Orlando, Florida-based mentor with SCORE—originally named the Service Corps of Retired Executives—encounters business owners who are reluctant to outsource, he has them track their time. “I If you’re wondering whether you’re ready to outsource, the following tips and examples should be helpful: Deciding what to outsource.

Elance 281

Elance Suppliers Mentoring Payroll 281

BMT Office Administration

NOVEMBER 16, 2022

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. What is a W-2?

Payroll 52

Payroll Forms Filing Expenses 52

Eco-Office Gals

MARCH 6, 2019

A good example of a disregarded entity is the limited liability companies. Also, a business owner with a limited liability company gets to avoid double taxation as well as enjoy easy tax filing. Have A Retirement Plan. As an entrepreneur whose aim is to limit tax deductions contributing to a retirement plan is a good idea.

Retirement 100

Retirement Payroll Expenses Gifts 100

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

AUGUST 5, 2022

Employees file their W-4s and then forget about them. Examples: employer contributions for health insurance and to retirement benefits. Examples: contributions to IRAs and forfeited penalties on early withdrawals of savings and interest paid on student loans. Examples : the credit for child and dependent care expenses.

Filing 52

Filing Retirement Salary Expenses 52