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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. 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. Axed business travel budgets. Final e-filing regs.

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They’re Back: Boomerang Employees on the Rise for Good or Bad

Success

He left the company in 2018, then returned in 2022. “I In a 2022 survey by payroll firm UKG, “Four out of 10 people (43%) who quit their jobs during the pandemic now admit they were actually better off at their old job.” Stripling worked at 84.51° as an intern and then as a lead data scientist for about five years.

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Early direct deposit may be an alternative to on-demand pay

BMT Office Administration

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. Update to on-demand budget provisions.

Payroll 52
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Rocky tax season could lead to slow refunds for employees

BMT Office Administration

25, 2022, (i.e., As of March 2, 2022, the IRS had 2.5 A portion of this backlog is due to pandemic-related payroll credits. The pending omnibus spending bill increases the IRS’ budget by 6%, to $12.594 billion, but that figure is half of what it asked for. 2021 Form 1040 tax filing stats so far. For the week ending Feb.

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What does it take to be a successful office manager?

Page Personnel

They oversee many aspects of daily operations, including hiring new staff and ensuring all necessary duties are completed on time and within the office budget. He or she must oversee finances, payroll, and other administrative tasks. Office managers are responsible for keeping businesses running smoothly.