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Chances are likely that you have heard the acronym GDPR in recent news headlines. But, what exactly is this regulation and how does it impact businesses outside of the European Union? The General Data Protection Regulation (GDPR) legislation was created back in April 2016 and is scheduled for implementation later this month (May 25th, 2018).…

Today on November 18, 2016 the IRS sent out Notice 2016-70 announcing the extension for furnishing information returns 1095-C and 1095-B to recipients.  This will be the second year for mandated ACA reporting and the second year an extension has been granted. Last year the 2015 mailing deadline was extended from January 31st to March…

CHICAGO, Sept. 16, 2015 /PRNewswire/ — Tab Service Company has been a leader in 1099 tax form outsourcing services for decades.  The tax form processing application TSC1099, is a complete cloud-based reporting and compliance solution.  It enables businesses to upload data that is quickly processed, printed, mailed and e-filed at our service center each year.…

The Affordable Care Act brought about many significant changes for employers, one of them being how we classify part-time workers.  Beginning back in January, 2014 companies started facing the decision on whether they would “play or pay”.  Play would mean adhering to the ACA guidelines in tracking variable employee hours to determine if they meet…

According to Nucleolus Research, Enterprise Content Management’s Return on Investment (ROI) increased from $6.12 to $7.50 for every dollar spent.  Since ECM hit the market to help manage, store, preserve and deliver documents many improvements have been made. Nucleolus Research has tracked these changes over the last 15 years and admits that the core capabilities of…

Workflow is yet another buzzword that has leaked into the sphere of our work environments and it is gaining more significance in our lives every day. But, just what is workflow we ask ourselves? Workflow is a word that describes tasks, steps, and tools involved in various business processes. The importance of workflow is that…

The effort to begin digitizing patient medical records has existed in the hospital industry for almost as long as technology to scan quickly and clearly became available. In 2009 after image scanning reached new levels of quality in which documents could be scanned at extremely high- DPI, the investments into the technology took off.  Almost…

Now that your business is enjoying the benefits of an electronic data processing platform, it is also time to establish a plan on when to update the network. It may seem too soon, but at this point, the electronic database has been a part of operations for six months or a year. It is likely…

It is becoming increasingly clear that companies are switching from filing cabinets to database management services, but finding workers to manage these new programs is becoming more difficult, according to a survey from the Society for Information Management (SIM). Because demand is higher in almost every work sector, information technology (IT) employees can choose where they can work and who they…

1. Misconception: 1099 Reporting for the state is not necessary if there is no state tax withheld. Truth: The majority of states’ regulations say that 1099s have to be filed regardless of withholdings. Look up your particular states regulations. 2. Misconception: Copy A of the IRS 1099 Form can be printed in black or red…

Prior to tablets, laptops and smartphone devices, business owners would purchase software with predetermined capabilities. Some aspects of the program would not be applicable with their operations, but these business owners were obligated to keep these services because "technology was purchased by a select few, and the technology was bought for the company," Harvard Business Review contributor…

Your organization has grown over the years and so has your vendor master file.  While many administrative chores don’t directly contribute toward your bottom line, maintaining a clean, up-to-date vendor master file is not one of them. Neglecting this aspect of your business can affect everything from issuing duplicate payments to non-compliance with IRS regulations, which will ultimately…