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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Final e-filing regs. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Two sets of wage-and-hour regulations.

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Hamilton, Jefferson and Trumpcare's Impact on the Self-Employed

Small Business Labs

First off, the most important thing to know about American Health Care Act (AHCA or Trumpcare) is it will almost certainly be changed in major ways by the Senate.  This will almost certainly mean state cuts in health programs that support the poor.  percent increase on the Medicare payroll tax, and a 3.8 Trumpcare).

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Common mistakes made on Forms 1094-C and 1095-C — ACA reporting

BMT Office Administration

These forms are required reporting under the Affordable Care Act for employers required to offer health insurance coverage. Refresher: If you use the W-2, Box 1 safe harbor, health benefits are affordable to employees in 2022 if monthly premiums for the lowest-cost self-only plan don’t exceed 9.61% of their W-2, Box 1 wages.

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What legal entity is right for your business? | THE SMALL BUSINESS.

The Small Business Blog

A limited company must obtain approval from Companies House to use its proposed name. A limited company must also adopt and file its Memorandum and Articles of Association, these govern its rights and obligations to its shareholders, directors and officers. You can follow any responses to this entry through the RSS 2.0

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