Business Management Daily

JUNE 22, 2022

If you don’t have that document backed up in an electronic format, you may have just lost important company or employee data. If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Benefits of electronic record-keeping. Saving time.

Electronics 98

Electronics Software Government Taxes 98

Kollath CPA

MARCH 9, 2022

You don’t generally have to withhold or pay any taxes on payments to independent contractors, as you do with employees. For an official ruling, you can file Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding, with the IRS. You can file these forms electronically.

Taxes 98

Taxes Electronics Pension Software 98

PayrollOrg

MAY 8, 2023

In this edition of May 2023 Compliance TV: IRS Data Affirms Payroll's Vital Role in Nation's Tax System; SSA Releases Tax Year 2023 W-2 Electronic Filing Specs; IRS Said 2024 Form W-2 Will Not Be Redesigned; DOL Publishes Report on UI Trust Fund Solvency, and more.

Taxes 80

Taxes Payroll Electronics 80

Employer Connection

NOVEMBER 9, 2023

An electronic version of Form 1095-B (in a PDF format) will be available in the Document Center on our website. Log in at TrustmarkSB.com/login. If you need to reference the data used to populate the forms, it will also be available in a CSV format in the Document Center. For additional information, read our 1095-B article.

Electronics 40

Electronics Taxes IT 40

Employer Connection

DECEMBER 15, 2021

An electronic version of Form 1095-B will be available in the Document Center on our website beginning January 14, 2022, to assist employers with tax filing requirements for 2021. If you have questions about the IRS requirements, please consult your tax advisor.

Electronics 40

Electronics Taxes Consulting Employment 40

HR Lineup

FEBRUARY 16, 2023

Drake Tax Software is a professional tax preparation software designed for small to mid-sized accounting firms and tax professionals. Drake Tax offers a wide range of features that enable tax professionals to prepare individual and business tax returns for federal, state, and local tax jurisdictions.

Taxes 52

Taxes Software Electronics IT 52

Employer Connection

JANUARY 14, 2022

To help make tax filing for 2021 easier and more convenient, an electronic version of Form 1095-B (in a PDF format) is now available in the Document Center on our website. Log in at TrustmarkSB.com/login. If you need to reference the data used to populate the forms, it will also be available in a CSV format in the Document Center.

Electronics 40

Electronics Taxes Employment Healthcare 40

Business Management Daily

JULY 28, 2020

Electronic records may not take up the physical space that paper copies do, but an orderly system of periodic deletion still should be part of a company’s records retention policy. Every record, whether paper or electronic, has a life cycle – a specific amount of time that it needs to be kept. Eliminate individual interpretation.

Electronics 98

Electronics Human Resources Consulting Government 98

Business Management Daily

MAY 31, 2022

She also explained that the only items she actually tossed were some electronic mail printouts from last year that were originally sent to the account of a person no longer with the company. Like many other workplaces, Laura’s office could benefit considerably from implementing electronic records management (ERM).

Electronics 52

Electronics Family and Medical Leave Act Management Taxes 52

Kollath CPA

APRIL 3, 2023

You decided to go with a third-party payroll provider to handle some or all of your employment tax duties. Your Tax Obligations As an Employer Your tax responsibility depends on the type of service you use. Make federal tax deposits and federal tax payments. File those forms after you’ve signed them.

Taxes 52

Taxes Employment Payroll Payroll Service 52

Kollath CPA

JULY 5, 2022

IRS Form 941 is a tax form that businesses file quarterly. It is how businesses report income taxes. As well as payroll taxes, Social Security, and Medicare taxes that the business withheld from employee paychecks over the previous tax year. Learn All About Quarterly Tax Returns below.

Taxes 52

Taxes Electronics Payroll Life Insurance 52

Money Talk

FEBRUARY 1, 2023

In 2008, bond purchases became available electronically and in 2012 paper U.S. Up to $10,000 of I-bonds can be purchased electronically down to the penny (e.g., 178.36) through Treasury Direct and up to $5,000 (in different increments) of “old school paper I-bonds” (like I have) via a tax refund.

Electronics 244

Electronics Government Taxes Banking 244

PayrollOrg

SEPTEMBER 20, 2023

PayrollOrg is pleased to announce that Vice President Ronald Gilson, CPP, was selected to serve on the IRS’s Electronic Tax Administration Advisory Committee.

Electronics 118

Electronics Taxes 118

Kollath CPA

APRIL 25, 2022

As a survivor, executor or administrator of an estate, you are obligated to file an income tax return reporting all the deceased’s income up to his or her date of death. Filing the Final Tax Return. If tax is due, submit payment with the return. If tax is due, submit payment with the return.

Taxes 52

Taxes Electronics Deductions Deductible 52

PayrollOrg

JANUARY 17, 2022

Federal Payroll Tax Laws & Regulations. Federal Payroll Tax Laws & Regulations contains payroll-related sections of the Internal Revenue Code and Internal Revenue Service regulations. Federal Payroll Non-Tax Laws & Regulations. APAs Guide to Local Payroll Taxes. Content is updated on a regular basis.

Electronics 197

Electronics Payroll Taxes Online Payroll 197

Money Talk

JANUARY 4, 2023

Taxes - The average income tax refund in 2022 was $3,039, but some families with advanced child tax credits faced tax payments. Some states held sales tax holidays in response to high inflation. Many home buyers backed out of deals or coped with lock-in fees and higher down payments. years in 2022.

Finance 242

Finance Banking Taxes Food 242

Money Talk

MARCH 18, 2022

Substitute to Save: Non-Food Items - Consider purchases of clothing, furniture, housewares, electronics, and more at thrift shops, garage sales, and online sales platforms such as Facebook Marketplace, Etsy, Craigslist, Nextdoor, and eBay. The MRR formula is inflation % rate ÷ 100 minus marginal tax bracket.

Food 276

Food Electronics Utilities Taxes 276

Employer Connection

JANUARY 24, 2023

To help make tax filing for 2022 easier and more convenient for employers, an electronic version of Form 1095-B (in a PDF format) is now available in the Document Center on our website. Log in at TrustmarkSB.com/login to view. For additional information, please refer to our 1095-B article.

Taxes 40

Taxes Electronics Employment 40

Benefit Resource Inc.

JANUARY 14, 2022

We’re here to provide you with a short guide to help you understand the required tax documents for your pre-tax benefits. . A Health Savings Account (HSA) is a savings account that provides tax-free contributions and potential tax deductions for qualified medical expenses incurred by the holder. For BRI Customers.

Taxes 40

Taxes Flexible Spending Account Health Savings Account Flexible Spending 40

Employer Connection

JANUARY 5, 2023

To help make tax filing for 2022 easier and more convenient for employers, an electronic version of Form 1095-B (in a PDF format) will be available in the Document Center on our website on Jan. Log in at TrustmarkSB.com/login. The data is also available in a CSV format. For additional information, please refer to our 1095-B article.

Taxes 40

Taxes Electronics Employment 40

HR Lineup

JANUARY 29, 2024

A pay stub not only serves as a record of an employee’s earnings but also provides crucial information about deductions, taxes, and other financial details. Deductions: Federal and state taxes Social Security and Medicare contributions Health insurance premiums Retirement contributions 4. Deductions and Taxes 1.

Net Pay 87

Net Pay Deductions Deductible Payroll Software 87

Qandle

JUNE 24, 2023

Convenience: TDS online payment provides taxpayers with a convenient platform to make their tax payments from anywhere and at any time. It eliminates the need for physically visiting tax offices or banks, saving valuable time and effort. This enables easy retrieval of information and enhances transparency in the tax payment process.

Banking 98

Banking Electronics Taxes Software 98

Business Management Daily

AUGUST 13, 2021

Tax penalties, of course, aren’t a game if you get caught up in them. They’re steep and punishing for a reason: Withheld taxes are the key revenue source for the federal government. Lately, the IRS has been trying to make payroll tax penalties a bit more transparent. not electronically). Three ways to get snagged.

Taxes 52

Taxes Payroll Electronics Construction 52

PayrollOrg

JULY 19, 2023

The IRS said it will provide an electronic filing option for amended employment tax returns “sometime in 2024.”

Electronics 80

Electronics Taxes Employment IT 80

Business Management Daily

JULY 26, 2021

Small business owners sometimes feel overwhelmed by the various tax-related forms the IRS expects them to complete. Here, we aim to increase understanding about one of the most common pieces of paperwork businesses encounter, Form 941: Employer’s Quarterly Tax Return. Form 941 is not part of an annual tax return.

Taxes 52

Taxes Payroll Government Electronics 52

PeopleStrategy

NOVEMBER 14, 2023

The change is that this year the threshold for mandatory electronic reporting drops from 250 returns to 10 returns. This means most reporting entities will be required to complete their ACA reporting electronically starting in 2024. 31, 2014, do not need to test for the current tax year.

Electronics 52

Electronics Taxes Software Employment 52

Business Management Daily

SEPTEMBER 1, 2023

Beginning with catch-up contributions to be made next year, employees whose Social Security wages (W-2, Box 3 wages) exceed $145,000 this year can make catch-up contributions on a Roth, after-tax basis only. And then there’s the teeny, tiny glitch of Congress dropping the section of the tax code allowing any catch-up contributions.

401(k) 97

401(k) Taxes Payroll Software Payroll 97

Business Management Daily

AUGUST 18, 2023

Similar hardship waivers and administrative provisions apply to e-filing corporate income tax returns and Forms 1120 and 1120-S. 5165 , Guide for Electronically Filing Affordable Care Act (ACA) Information Returns. 1220 , Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G.

Electronics 52

Electronics Taxes Payroll Software 52

Money Talk

NOVEMBER 25, 2023

Beware of Electronic Contacts - In recent years, as more people started blocking robocalls on cell phones, fraudsters have taken a different approach. Fraudsters often claim there is something wrong with a victim’s account (or tax return) and need personal information to “verify” or “confirm” its accuracy.

Banking 125

Banking Utilities Electronics Hospitality 125

HR Bartender

APRIL 16, 2015

In the book “The Cobler of Preston,” Christopher Bullock wrote the famous line, “’Tis impossible to be sure of anything but death and taxes.” As sure as we are about paying our taxes, one thing we’re often unsure about is getting tax relief. The Work Opportunity Tax Credit (WOTC) is not a new program. Virgin Islands.

Taxes 109

Taxes Electronics Recruitment Government 109

Qandle

AUGUST 3, 2023

Statutory contributions such as Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) are deducted from the gross salary. Moreover, voluntary deductions like tax-saving investments, loans, or other benefits need to be included. Timely salary disbursement is critical for employee satisfaction and retention.

Payroll 98

Payroll Payroll Software Deductions Deductible 98

Qandle

JUNE 20, 2023

This includes employee details such as names, addresses, social security numbers, tax withholding information, bank account details for direct deposit, and any changes in employment status or compensation. This may involve collecting timesheets, time clock records, or electronic time tracking data.

Payroll 98

Payroll Flexible Spending Account Overtime Payroll Software 98

Employer Connection

JANUARY 5, 2024

To help make tax filing for 2023 easier and more convenient for employers, an electronic version of Form 1095-B (in a PDF format) is now available in the Document Center on our website. Log in at TrustmarkSB.com/login. Visit Regulatory Updates for more information.

Electronics 40

Electronics Taxes Employment 40

Bayzat

FEBRUARY 15, 2024

Examples of Activities in a UAE-focused ESS Portal: Leave Management Apply for various leave types (annual, sick, personal), track balances, and receive approval notifications electronically. Bayzat reports that many UAE employees prefer to manage their leave electronically.

Electronics 52

Electronics Overtime Payroll Taxes 52

HR Lineup

FEBRUARY 16, 2023

TaxSlayer Pro is a tax preparation software that is designed specifically for tax professionals. The software offers a variety of features that make tax preparation easier, faster, and more accurate. This makes it easy for tax professionals to quickly input client information and complete tax returns in a timely manner.

Taxes 52

Taxes Electronics Software IT 52

HR Lineup

FEBRUARY 16, 2023

Intuit ProSeries Professional is a tax preparation software designed for accounting professionals, enrolled agents, and tax preparers to streamline and simplify the tax preparation process. ProSeries Professional is one of their flagship products and is highly regarded by many tax professionals.

Taxes 52

Taxes Electronics Software Management 52

HR Lineup

FEBRUARY 1, 2023

Jackson Hewitt is a leading provider of tax preparation services in the United States. Founded in 1982, the company has grown to over 6,000 locations and has helped millions of individuals and families with their tax needs. Overall, Jackson Hewitt is a trusted and reliable provider of tax preparation services.

Taxes 52

Taxes Electronics Deductions Deductible 52