Small Business Labs

APRIL 1, 2020

Individuals earning less than $75,000 (based on their most recent annual tax filing) can expect a one-time cash payment of $1,200.   The loan can be used to pay for most business expenses.  Independent workers, like all Americans, will be eligible for the general cash payments approved by this bill.

Payroll 152

Payroll Expenses Agencies Filing 152

BMT Office Administration

MARCH 3, 2023

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. IRC § 41 refundable research credit IRC § 41 allows you to claim a tax credit for qualified research expenses above a base amount.

Payroll 98

Payroll 2023 Equipment Health 98

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

Success

JULY 18, 2023

You might be familiar with 401(k) plans and automatic payroll deductions at a traditional employer. Employers can deduct contributions as a business expense. A Solo 401(k) owner must file an annual report with the IRS if the account’s assets are over $250,000, which can be tedious.

Retirement 246

Retirement Salary 2023 Payroll 246

Allwork

DECEMBER 23, 2022

Another digital tool that almost every digital nomad needs is an accounting software package so they can track their income and expenses. . 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.

Gifts 290

Gifts Social Media Travel Google Docs 290

BMT Office Administration

MARCH 4, 2022

The IRS has introduced new online tools with the hope of extending a more customer-friendly face this filing season. Categories in the assistant include Filing Requirement, Form to Use, Due Date; Filing Status and Dependents; Retirement: Pensions, IRAs, Social Security; Other Income (e.g., It’s payroll -friendly, too!

Payroll 52

Payroll 2021 Filing 2002 52

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.

Filing 98

Filing Legal Budget Policies 98

Eco-Office Gals

MARCH 6, 2019

Also, a business owner with a limited liability company gets to avoid double taxation as well as enjoy easy tax filing. For example, you decide to make payments for most of your January expenses in December. It is advisable that as an employer you create accountable plans to help you cut down on payroll taxes.

Retirement 100

Retirement Payroll Expenses Gifts 100

Small Business CEO

DECEMBER 15, 2009

The old process of having paper files required moving the file to each level of approver. How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Customer applications (e.g. Internal processes. Laura’s website is [link].

Expenses 40

Expenses Equipment Payroll Customer Service 40

BMT Office Administration

AUGUST 8, 2022

As a starting point, consider what these organizations say about some major types of records to keep and for what length of time: Per the Internal Revenue Service : The length of time you should keep a document depends on the action, expense, or event which the document records. Keep copies of your filed tax returns permanently.

Policies 105

Policies Legal Forms Agencies 105

Worxbee

AUGUST 9, 2021

Occasionally, EAs are tasked with scheduling performance reviews or even jobs related to payroll. For example, most grants have conditions attached to them such as requiring activities to be done by a certain date or that all receipts related to expenditure of grant funds are filed appropriately. EAs are good at managing the details.

Budget 52

Budget Payroll Calendars Expenses 52

BMT Office Administration

MAY 31, 2022

Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. Electronic files allow approved people to get what they need regardless of where they are at. Payroll information. Companies must take measures to prevent outsiders from gaining access to electronic files.

Management 52

Management Legal Policies Filing 52

BMT Office Administration

MAY 26, 2023

You must now go through the employee consent process, which requires you to make two attempts at securing employees’ consent to obtain their FICA overpayments before you can file Form 941-X to obtain a refund of your own FICA overpayment. The post Are your employee pay profiles correct?

Salary 52

Salary Forms Health Calendars 52

Tips From T. Marie

MARCH 21, 2012

But, he said, the city could use the payroll savings. And don’t use filing as an excuse to ‘need’ an in-office worker, if you haven’t moved to an electronic files system it’s high time you did. Even the medical field , infamous for paperwork, is transitioning to electronic files.

Telecommuting 100

Telecommuting Retirement Attire Filing 100

Small Business CEO

JUNE 25, 2012

In a traditional office environment, business owners are forced to estimate how much server space they’ll need as they grow, investing in expensive hardware to store company data. Better still, have you ever stored a file in Dropbox? The smartest ones, however, utilize a shared file within the cloud. No More Busy Work.

Dropbox 40

Dropbox Payroll Filing Restaurants 40

Stephanie LH Calahan

JULY 18, 2012

  HR department - handled all of the compensation issues, research, performance and people documentation, labor relation issues, downsizing decisions, payroll, hiring, exit interviews, outsourcing decisions, benefits planning and coordination of benefits issues, and so on. etc press releases and corresponding interviews, responses, etc.

Payroll 100

Payroll AT&T Purchasing Filing 100

Success

SEPTEMBER 25, 2021

With reverse brainstorming, everyone offers how to decrease sales, increase employee turnover, raise expenses—bring us your worst. Filing taxes, meeting payroll, and ordering inventory are valid reasons to miss a little sleep if they all hit at once. You’re looking for ways to make the problem worse.

Suppliers 362

Suppliers Payroll Goals Health 362

The Small Business Blog

OCTOBER 17, 2007

A good side effect here is that you will have to look at your expenses and cost again, and may be able to make a judgement if that was good or bad money spent – you know what I mean – the hindsight thing. WinWeb also covers this version of bookkeeping. « Q & A: What Are The Problems With Staff In A Small Business?

2007 100

2007 2008 2009 2006 100

The Small Business Blog

JUNE 29, 2006

Another downside, if you make more profits than you draw out, you are still taxed on all the profit irrespective of whether you have taken the money, and with a 40% tax band this can be expensive. A limited company must also file annual tax returns (“corporation” tax returns) with the Inland Revenue just like an individual.

Legal 100

Legal 2006 2007 2008 100

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. We must learn to work with our brains instead of against them.

2024 52

2024 Mentoring Administrative Professionals Payroll 52

The Small Business Blog

MAY 31, 2006

This might sound like a shocking statement, since "Enterprise Software" typically means the world of SAP and Oracle, and the traditional heavyweight, expensive, pay-huge-license-fees-upfront, then try-to-implement-forever model that does not work anymore. We advertised on television and radio and print. SMBs to Spend $2.2

2006 100

2006 2007 2008 2009 100

The Small Business Blog

OCTOBER 1, 2007

High profit home business Said on April 20th, 2008 at 9:12 pm Bootstrapping is great also because with success does not come huge expenses that can’t be endured with the ups and downs that come with any industry. PAYweb Small Business Payroll Said on February 23rd, 2009 at 6:29 pm Great article, and very interesting comments.

2007 100

2007 2008 2009 2010 100

BMT Office Administration

AUGUST 5, 2022

Employees file their W-4s and then forget about them. Examples : the credit for child and dependent care expenses. Employees may opt out of withholding, but not their tax liability, by filing W-4s on which they write “Exempt” underneath Line 4(c). Each of the following income tax terms has an impact on employees’ withholding.

Filing 52

Filing Retirement Salary Expenses 52