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)?

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Retirement Salary 2023 Payroll 236

BMT Office Administration

MAY 30, 2022

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

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Payroll Forms Agencies Legal 52

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?

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Payroll Forms Filing Expenses 52

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. Have A Retirement Plan. As an entrepreneur whose aim is to limit tax deductions contributing to a retirement plan is a good idea. Contribute To A Charity Organization. Pay Your Bills Early.

Retirement 100

Retirement Payroll Expenses Gifts 100

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!

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Payroll 2021 Filing 2002 52

Tips From T. Marie

MARCH 21, 2012

The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. Reading the details of what would be offered in exchange for taking the early retirement deal didn’t really strike me as a wonderful option for those 84 people., But, he said, the city could use the payroll savings.

Telecommuting 100

Telecommuting Retirement Attire Filing 100

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 : 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).

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Filing Retirement Salary Expenses 52