BMT Office Administration

JANUARY 11, 2023

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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BMT Office Administration

MAY 13, 2022

the American Payroll Association’s director of government relations. Almost 100% of hands went up in response. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues.

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BMT Office Administration

OCTOBER 6, 2022

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. With this in mind: 3.

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Payroll Fax Filing 2021 52

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

DECEMBER 6, 2023

This gives us more time to explore W-2 issues, which, based on questions we’ve been encountering, are beginning to trip up employers. Today’s inaugural edition is focused on applying for a waiver from filing electronically. Who must file electronically? What about those e-filing waivers? Almost everyone.

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Filing Forms PDF 2023 52

BMT Office Administration

AUGUST 4, 2023

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. Whether they can access their pay before payday is up to their banks. Eastern time; employees’ banks receive files by noon; transactions settle by 1:00 p.m.;

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Payroll Filing Networking Phones 52

BMT Office Administration

FEBRUARY 23, 2023

We’ve been waiting for the IRS to release final regulations on mandatory e-filing of information returns for quite some time. 31 e-filing deadline, we made an educated guess and said it wouldn’t make the same mistake again. Options for small employers: Small employers may never have thought about e-filing.

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Filing 2024 Forms 2016 52

BMT Office Administration

SEPTEMBER 30, 2022

Regardless of the sales pitch, on-demand pay is a boondoggle for Payroll. Every vendor will tell you why their on-demand pay program is worry-free for Payroll—it’s OK because employers are cut out of the process, or it’s OK because employers are part of the process. You don’t have to vary your pay schedule. It’s a secret.

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Payroll Budget Filing 2023 52

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. Unused credits may be carried back one year and forward for up to 20 years. For 2023, you can deduct up to $1.16 In 2023, this amount is $2.89

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Payroll 2023 Equipment Health 98

BMT Office Administration

JUNE 16, 2023

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

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Payroll Calendars Filing Forms 52

BMT Office Administration

OCTOBER 26, 2023

The IRS has kept its promise to provide relief to employers that filed Forms 941-X to claim the pandemic-era employee retention credit for which they aren’t eligible. Big break: The IRS will treat withdrawn claims as if they were never filed, so no penalties or interest will be levied. Point your browser here for a marked-up 941-X.

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Fax Payroll Filing Staples 52

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.    You can borrow up to $2 million via this program, although obviously few independent workers could qualify for this amount.  Up to 100 percent of the loan is forgivable.

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Payroll Expenses Agencies Filing 152

BMT Office Administration

OCTOBER 31, 2023

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition.

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Payroll Policies Legal Training 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. Form W-2 filing requirements.

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Payroll Forms Filing Expenses 52

BMT Office Administration

SEPTEMBER 1, 2022

Someone asked recently if we have a one-page document explaining the revised W-4 that HR can provide to new employees who may not have filed a W-4 in years. Part 2 offers employees three options and it’s up to them to choose. It was imprecise, but easy to do. Or they could use the worksheets accompanying the form.

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Forms UPS Filing Management 98

BMT Office Administration

MARCH 4, 2022

Once I got the hang of loading the tax-prep software onto my almost-brand-new Windows 10 laptop and ran through sometimes deliberately vague set-up questions, I discovered several blatant errors. Probably, but I’m not owning up to it yet. I stuck to the top—Do I Need to File a Tax Return? It’s payroll -friendly, too!

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Payroll 2021 Filing 2002 52

Allwork

DECEMBER 23, 2022

Digital nomads travel the world, often packing lightly so that they can easily move on to a new city or country and set up a new base there. This Ergonofis height-adjustable wooden laptop stand is foldable and easily transportable, which means it can be packed up and easily transported or popped into a bag.

Gifts 290

Gifts Social Media Travel Google Docs 290

Success

JULY 18, 2023

You might be familiar with 401(k) plans and automatic payroll deductions at a traditional employer. Under a SIMPLE IRA, the employer must make contributions each year, either a matching contribution of up to 3% of an employee’s compensation or a 2% contribution that is nonelective for each employee.

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Retirement Salary 2023 Payroll 207

Allwork

JANUARY 10, 2023

In a September 2022 survey , Gartner found that only 3% of companies would fire noncompliant employees, and only 30% would have HR talk to those who don’t show up. banks trying to force employees back to the office are meeting with high rates of noncompliance of up to 50%. No wonder that large U.S. during the week ending September 14.

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2022 Mentoring 2019 Salary 342

Success

JUNE 19, 2022

You make it happen, you’re up for a challenge , you do it your way. 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. Then bump it up to scheduling. Entrepreneurs are can-do people.

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Elance Suppliers Mentoring Payroll 277

BMT Office Administration

MARCH 16, 2022

There’s a reason the IRS rolled out some new tools and beefed up some old tools on its website this filing season—it’s still bogged down with last year’s returns! The likely effect will be delayed tax refunds for taxpayers who file even minimally complex returns. 2021 Form 1040 tax filing stats so far. 25, 2022, (i.e.,

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2021 Filing Payroll 2022 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 you don’t have that document backed up in an electronic format, you may have just lost important company or employee data. The key benefits of electronic record-keeping include: Easier file sharing.

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Filing Legal Budget Policies 98

Page Personnel

JULY 20, 2022

In addition, the HR assistant will provide assistance to senior members of the team in a range of areas, including recruitment, training, performance management, employee orientation, payroll administration, employee welfare and health and safety. Many newcomers to HR will start at a junior level and work their way up the ladder.

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Payroll Negotiating Salary Suppliers 52

Page Personnel

AUGUST 26, 2022

Time management skills A person who doesn't manage their time properly will be overwhelmed by the amount of work that piles up. For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. He or she must oversee finances, payroll, and other administrative tasks.

Management 52

Management Payroll Fax Suppliers 52

C-Suite Assistants

NOVEMBER 27, 2023

Organizations sometimes even take a Temp to Hire approach to filing an executive assistant role because they want to try out an executive assistant before committing to a more permanent relationship. For many busy executives, time is their most precious commodity.

Temping 86

Temping Agencies Training Payroll 86

BMT Office Administration

AUGUST 8, 2022

Such action raises concern about cover-ups. When you can show a thoughtful, standardized records management procedure to a relevant third party such as a lawyer or auditor, it backs up your decisions. They can address concerns related to storage, automation, security, back-ups, and destruction of documents.

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Policies Legal Forms Agencies 105

Ian's Messy Desk

MARCH 1, 2012

Instead of filing the PDF on the network, the document was printed and placed in a filing cabinet , where it will sit until doomsday. Keeping your desk and files clutter–free in a paper–filled environment isn’t easy, but a little planning and a little technology can help. File it in a Reminder file or in your file cabinet.

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PDF Filing Policies Purchasing 100

Ian's Messy Desk

JANUARY 15, 2014

Instead of filing the PDF on the network, the document was printed and placed in a filing cabinet , where it will sit until doomsday or at least until someone cleans out those files. Despite improvements in document handling technology, despite the convenience of PDF files, we still produce a lot of paper. It adds up.

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PDF Filing Policies Purchasing 100

BMT Office Administration

MAY 31, 2022

He put Laura in charge of going through a bunch of drawers with instructions to make folders to organize papers of current worth, box up other documents that somebody might need down the line, and toss insignificant and old material. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies.

Management 52

Management Legal Policies Filing 52

All Things Admin

FEBRUARY 27, 2024

The process for ordering office supplies and setting up the conference room for meetings was different. This method serves a dual purpose: it ensures that your procedures are up-to-date and allows the new employee to reinforce their learning through the act of documentation. showcasing how each tool facilitates team collaboration.

Training 52

Training Policies Mentoring Project Management 52

The Small Business Blog

NOVEMBER 9, 2009

Small Business World News Round-up – 2009/11/10 by Stefan Töpfer on Nov 10, 2009 Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from around the world. Organizations are working to help them size up.

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2009 UPS 2007 2008 100

BMT Office Administration

APRIL 7, 2022

The Taxpayer Advocate Services’ (TAS) solution is to issue a Taxpayer Advocate Directive giving the IRS 45 days to work with the tax software industry to develop a plan to implement 2-D barcodes on self-prepared 1040s for the 2023 filing season. But for every paper 1040 filed, someone at the IRS inputs the data, keystroke by keystroke.

Filing 52

Filing Forms 2023 International 52

BMT Office Administration

OCTOBER 27, 2022

You report the employee’s monthly premium for the lowest-cost self-only plan, regardless of the coverage employees take up on Line 15. 28 if you’re filing on paper or March 31 if you’re e-filing. These regs require you to add up all your W-2s, 1099s and 1095s to determine whether you meet the 100-return threshold.

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Forms 2022 Filing Health 52

Worxbee

AUGUST 9, 2021

Benefits of executive assistants for non-profits Non-profits typically have a wide range of tasks that need doing and often a “roll up your sleeves'' approach. They also need to keep up communication with the clients that they serve! Occasionally, EAs are tasked with scheduling performance reviews or even jobs related to payroll.

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Budget Payroll Calendars Expenses 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.

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Telecommuting Retirement Attire Filing 100

The Small Business Blog

JULY 14, 2006

Registering your business – Start Up Guides – Part 5 by Jason Holden on Jul 14, 2006 A major task for any new business is to ensure it is registered with the various government departments, this is one area I find a lot of new clients fail to do, mostly through a lack of knowledge, but sometimes through a fear of red tape and paperwork.

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UPS 2006 2007 2008 100

BMT Office Administration

APRIL 12, 2023

Otherwise, your organization could wind up in hot water if you’re subjected to an audit, which is something you definitely don’t want to deal with. Which Files Do You Need for Your Employees? In general, there are three types of employee files you should keep: Personnel files. Payroll files. Medical files.

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Payroll Medical Filing Forms 98