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The IRS has concluded that for tax purposes, Bitcoins and other virtual currencies are property, not currency or legal tender. Upshot: You may choose to pay employees in Bitcoins, but you must peg your Bitcoins to U.S. dollars. And all the usual withholding, depositing (in U.S. dollars) and reporting rules apply, as well.
Performing general Payroll maintenance tasks is essential for your day-to-day operations. It’s also the key to a successful year end. Get started now!
Q: We have an agreement with a former employee to continue to pay him quarterly bonuses for clients he referred to us. Can we issue him a Form 1099-MISC or are the payments considered wages, which must be reported on a Form W-2?
Not all meetings take place in large conference centers these days. Intimate meeting spots are popping up in hotels and office buildings, Ryan Rudnansky writes.
Overcommitting spreads you too thin and diminishes what you are able to contribute to the organization. Use these tips to say “No” more often.
This is your monthly guide to critical payroll due dates.
Many of your patterns and habits aren’t helping you become more efficient or successful. Here are tips on thriving in a to-do list-dominated world.
If you want your office recycling program to be more than an afterthought, you’ll need to inject some organization into it.
Under final ACA regulations, insured employers with at least 50 full-time employees, including full-time equivalent employees, must file information returns with the IRS to report offers of health insurance made to full-time employees and provide statements to those employees. Key: Small self-insured employers must also report, even though they’re excluded from the play-or-pay provisions.
Many offices are moving away from paper to protect the environment, spend less on printing supplies and reduce office clutter. Going paperless can also keep information more secure. Working in a paperless environment is a breeze, but getting there is not. Here are four tips to help you make the change.