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IRS poised to allow e-filing of Form 941-X

BMT Office Administration

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. Earlier this year, it kicked off a new scanning process for Form 940. The IRS’ paperless initiative takes this one step beyond scanning payroll returns.

Forms 52
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Stay on track with this payroll compliance checklist

BMT Office Administration

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.

Payroll 52
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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. The e-filing mandate applies to all information returns, including Forms 1099-DIV, which are often filed by Shareholder Services. Send independent contractors Form W-9 to capture their SSNs and addresses. Test your systems for 2022 filing.

Payroll 52
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Pre-boarding Can Set Up New Hires For Lasting Success

Allwork

Pre-boarding can focus on building engagement, meeting the new team, having the new hire complete payroll forms, figuring out a start date, scheduling a tour of the workspace, etc. . Send out paperwork for things like tax forms, NDAs, and health insurance in advance.

UPS 299
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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

However, manual timekeeping is a time-consuming and frustrating process, especially if tackled without the aid of software. Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing. Whenever a manager submits their employee timecards to payroll , they need to be extremely precise.

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

Using electronic record-keeping software to organize and store records in an electronic format can help you better organize your documents and stay compliant with recordkeeping best practices. Here’s what you need to know about making the switch and finding the right electronic record-keeping software tool. Preventing lost data.

Filing 98
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What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. That’s why many larger companies have started relying on software to help them manage their working policies. . Explore how zapfloor’s workspace management software can help. Visit their website.

Policies 298