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. These regs will scoop up smaller employers into the e-filing net. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda.
BMT Office Administration
JUNE 16, 2022
There were at least 11 on-demand pay vendors at the American Payroll Association’s Annual Congress last month, not including the national third-party payroll providers. Nothing wrong with vendors highlighting their products at a convention of Payroll professionals. These were real concerns for our tablemates.
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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. Likewise, there are no issues with state banking departments.
BMT Office Administration
APRIL 7, 2023
The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. Add up OT hours Not every exempt employee works lots of overtime hours a week, so it’s crucial to identify how many hours a week these employees work.
Bonnie Low-Krayman
JANUARY 10, 2024
Quiet Hiring is about filling open positions with the staff who are already on the payroll rather than hiring from outside the company. She offered a proposal for a revised onboarding plan to the HR team, including the fact that she would be the project leader with a revised salary to go along with the plan. What’s happening now?
BMT Office Administration
FEBRUARY 23, 2023
What’s new To begin with, the mandatory e-filing threshold is 10 or more information returns, not 100 or more returns, as contemplated by the proposed regulations. What’s old Following the proposed regs, you must add together all of your information returns—your W-2s, 1099s, 1095s, 3921s and 3922s—to determine if you’re a mandatory e-filer.
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. These regs require you to add up all your W-2s, 1099s and 1095s to determine whether you meet the 100-return threshold. Let’s sort this out. What to report on Line 15. What’s the problem?
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