BMT Office Administration

JANUARY 2, 2025

Other considerations Contractors dont go on the payroll , and if you pay them at least $600 in cash, you must provide them with Form 1099-NEC and file the form with the IRS by Jan. But some employee-like hassles remain: You may need to report your contractors as new hires. The OCSS has a grid for this, too.

Payroll 59

Payroll Forms Filing International 59

BMT Office Administration

MAY 9, 2024

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. These incentives are fully taxable and are subject to W-2 reporting.

Payroll 52

Payroll 2024 Filing Expenses 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.

Payroll 52

Payroll Forms Agencies Legal 52

BMT Office Administration

MARCH 17, 2023

A close call The FDIC announced Monday that it would protect all deposits, which means employers should have no problem making their payrolls. You can jot these points down and put them away in the hopefully-we’ll-never-need-to-use-this file. Explore whether it’s possible to switch your payroll accounts to another bank.

Payroll 52

Payroll Salary Email Filing 52

BMT Office Administration

AUGUST 9, 2023

What’s ahead for paperless filing You can still file on paper, if you choose. The IRS’ paperless initiative takes this one step beyond scanning payroll returns. It says by next winter’s filing season, you should be able to e-file Forms 941-X and 945-X and amended Form 940. MeF accepts files in the XML format only.

Forms 52

Forms Filing Payroll Agencies 52

Small Business CEO

JANUARY 29, 2015

If you have employees, then payroll taxes are one of the costs of doing business. The IRS is cracking down on businesses that don’t properly file or report their payroll taxes – and they are paying especially close attention to small businesses, which are the largest source of uncollected taxes.

Payroll 40

Payroll Finance Filing 40

BMT Office Administration

JULY 3, 2023

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52

Filing Payroll Medical Legal 52

BMT Office Administration

JANUARY 19, 2023

Most employers are probably familiar with the e-filing process. With that in mind, even if you’ve e-filed your W-2s before, it’s still a good idea to review the process and ensure you’re following the right steps. Step 1: Navigating to the wage file upload page The SSA has redesigned its website.

Filing 52

Filing UPS 2022 Expenses 52

BMT Office Administration

AUGUST 15, 2024

If you don’t sue and Appeals ultimately concludes your claim was correct, you won’t receive a refund or credit if Appeals reaches its decision after the two-year period for filing suit expires. Upshot: Your tax account will be adjusted, possibly resulting in a reduced refund or balance due, or no refund at all.

Calendars 52

Calendars Filing Health Forms 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 your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Better file retention compliance. Saving time.

Filing 98

Filing Legal Budget Policies 98

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.

Filing 52

Filing 2024 Forms 2016 52

BMT Office Administration

MARCH 9, 2022

The IRS has released a new round of FAQs in two fact sheets, both of which clarify the circumstances under which you must provide employees with Forms W-2c if you took the payroll credits for providing them with pandemic-related paid sick or family leave during 2020 and/or 2021. Normally, you would report wages paid in 2022 on a 2022 W-2.

Forms 52

Forms Payroll 2021 2022 52

BMT Office Administration

JULY 28, 2022

The American Payroll Association’s code of ethics includes eight points, but let’s stick to three of them: To strive for perfect compliance, accuracy, and timeliness of all payroll activities. To maintain the absolute confidentiality of the payroll within the procedures of the employer. No, according to the IRS.

Payroll 59

Payroll Salary Forms Filing 59

Eco-Office Gals

SEPTEMBER 19, 2013

These experts will ensure that you implement the correct practices, document them correctly, and report them correctly in order to get the maximum benefit. You understood that you were saving time from averted computer crashes, file conversion, and other payroll hogs that slowed down your staff.

Carbon Footprint 100

Carbon Footprint Payroll Filing Travel 100

BMT Office Administration

OCTOBER 27, 2022

The IRS released Forms 1095-C and 1094-C for 2022 healthcare information reporting last week. These forms are required reporting under the Affordable Care Act for employers required to offer health insurance coverage. The instructions are still in draft form , however not much has changed from the 2021 reporting.

Forms 52

Forms 2022 Filing Health 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. What is a W-2? What is a 1099?

Payroll 52

Payroll Filing Forms Expenses 52

BMT Office Administration

APRIL 27, 2022

A valid EIN is required if you’re e-filing. Check the proper quarter in the Report for this Quarter box to the right on the top of the form. Make sure you check the same quarter box on Schedule B , the Report of Tax Liability for Semiweekly Schedule Depositors. 1, 2021, is reported on Line 11d.

2021 52

2021 Payroll Filing Forms 52

Stephanie LH Calahan

JULY 18, 2012

  HR department - handled all of the compensation issues, research, performance and people documentation, labor relation issues, downsizing decisions, payroll, hiring, exit interviews, outsourcing decisions, benefits planning and coordination of benefits issues, and so on. etc press releases and corresponding interviews, responses, etc.

AT&T 100

AT&T Purchasing Filing Payroll 100

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. Worse: They may face criminal prosecution.

Fax 52

Fax Payroll Filing Staples 52

BMT Office Administration

DECEMBER 19, 2022

If you aren’t part of HR or are new to the department, you may not know which employment records you need to keep on file. After all, the US Department of Labor has some stringent requirements for employee files, including some federal laws. Confidential employee files. These files include: Worker’s compensation claims.

Medical 52

Medical Payroll Filing Legal 52

BMT Office Administration

AUGUST 8, 2022

Keep copies of your filed tax returns permanently. Each employer shall preserve for at least three years payroll records, collective bargaining agreements, sales and purchase records. If you have employees, you must keep all employment tax records for at least 4 years after the date the tax becomes due or is paid, whichever is later.

Policies 105

Policies Legal Forms Agencies 105

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. For the week ending Feb.

2021 52

2021 Filing Payroll 2022 52

Small Business CEO

JUNE 25, 2012

Better still, have you ever stored a file in Dropbox? Cloud-based software is now available to do everything from manage your invoicing to calculating payroll. Some businesses still pass around paper copies of reports for employees to update, print out a new copy, and pass it on. If so, you’re already in the cloud.

Dropbox 40

Dropbox Payroll Filing Restaurants 40

Page Personnel

AUGUST 26, 2022

For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. Office managers may also draft documents, help with payroll, keep an organised office environment and communicate via phone, email and fax (yes, some companies are still using fax machines).

Management 52

Management Payroll Fax Suppliers 52

The Small Business Blog

NOVEMBER 9, 2009

Getting by with skeleton staff : Small business owners are still whittling away at their payroll, but the deluge of pink slips on Main Street is slowing down. Ideas – Small Business Quote of the Week » « Previous Entries This entry was posted on Tuesday, November 10th, 2009 at 8:00 am and is filed under SME News Round-up.

2009 100

2009 UPS 2007 2008 100

BMT Office Administration

APRIL 7, 2022

That’s our analogy to the Taxpayer Advocate’s annual report to Congress regarding the IRS’ well-known pandemic-related problems opening the mail. But if the IRS chooses not to comply, it will get called out in the TAS’ next annual report to Congress. A section of the Internal Revenue Manual (i.e., Does the IRS need to comply?

Filing 52

Filing Forms 2023 International 52

BMT Office Administration

MAY 31, 2022

Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. Electronic files allow approved people to get what they need regardless of where they are at. Payroll information. Companies must take measures to prevent outsiders from gaining access to electronic files.

Management 52

Management Legal Filing Policies 52

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. Relevant characteristics include sympathy, fast decision-making, ethics, and patience.

Payroll 52

Payroll Negotiating Salary Suppliers 52

All Things Admin

FEBRUARY 8, 2024

Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. Report how many procedures you started to your accountability partner or your manager at the end of each week. We must learn to work with our brains instead of against them.

Mentoring 52

Mentoring Administrative Professionals 2024 Payroll 52

Worxbee

AUGUST 9, 2021

Occasionally, EAs are tasked with scheduling performance reviews or even jobs related to payroll. For example, most grants have conditions attached to them such as requiring activities to be done by a certain date or that all receipts related to expenditure of grant funds are filed appropriately. EAs are good at managing the details.

Budget 52

Budget Calendars Payroll Expenses 52

All Things Admin

FEBRUARY 27, 2024

Tools of the Trade Familiarize them with the essential programs and platforms used by the company (project management, file management, internal communications, virtual meeting platforms, etc.), Human Resources Information Benefits and Compensation: Detailed information on employee benefits, compensation structure, and payroll schedule.

Training 52

Training Agenda Mentoring Project Management 52

BMT Office Administration

AUGUST 2, 2023

We are writing to inform you abount an important matter regarding your recent tax return filing. Victims can report the email to phishing@irs.gov and file complaints with FBI’s IC3 unit and the Federal Trade Commission. People who receive these scams by email should send the email to phishing@irs.gov.

Agencies 52

Agencies Filing Social Media Email 52

BMT Office Administration

MAY 26, 2023

If an employee’s home state is wrong in their employee profile and they work remotely, you will not withhold and report the proper state’s income taxes. And here’s another instance where wrong information in an employee’s pay profile is the source of an unforced error. The post Are your employee pay profiles correct?

Salary 52

Salary Forms Calendars Health 52

BMT Office Administration

APRIL 12, 2023

Which Files Do You Need for Your Employees? Should an unhappy applicant file a discrimination claim against your organization, having job application & interview records on hand can be a lifesaver. In general, there are three types of employee files you should keep: Personnel files. Payroll files.

Payroll 98

Payroll Medical Filing Forms 98

BMT Office Administration

MAY 13, 2022

the American Payroll Association’s director of government relations. 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. This keeps Payroll in the loop.

Payroll 52

Payroll Legal Stress Expenses 52

BMT Office Administration

JUNE 16, 2023

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Are there special reporting requirements? 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.

Payroll 52

Payroll Calendars Filing Forms 52

BMT Office Administration

OCTOBER 25, 2024

The driver filed a discrimination charge based on age and sex against Uber with the Pennsylvania Human Relations Commission. In March 2023, the driver filed an amended charge with the PHRC, asserting Uber’s background-check policy had a disparate impact on Black and Hispanic men. In January 2023, the PHRC reopened the case.

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Assertiveness Agencies 2018 2023 59