"_____" is the Key to Success!
Preparation
Third Party Sick Pay, Gift Cards, Group Term Life Insurance, Incentive Stock Options, and Allocated Tips are all considered this type of benefit and are required reportable benefits on a w2
Fringe
Is your company a "__-Corp" that needs to report company paid premiums for officers/shareholders?
S
In 2025, the ______ , or known as Social Security wage base limit is $176,100
FICA
If you need to update employee wages, deductions, or taxes, you should contact _______
Your BBSI Payroll Specialist
Payrolls paid in 2025, receive a _____ W2
2025
This employee benefit, employer paid contribution, must be considered as income and reported as such on an employee's W2
HSA contributions
Will you have any _____ benefits such as employer contribution to HSA?
Fringe
For 2025, the _____ max is $23,500 plus a $7,500 catch up allowance for 50 years old and over
401k
If you or your employee have specific tax related questions, you will want to call ________
a TAX Professional (BBSI support are not tax professionals)
All Employees are paid under ____ FEIN
BBSI's
Fringe Benefits must be reported by this day
10am Friday December 19th
Are there any ______ _______ wage increases owed in your state or local statute?
hourly minimum
The 2025 Simple IRA max is $16,500 plus $3,500 catch-up allowance for those ___ years and older
50
BBSI HR Consultant
2025 W2's can be received either via mail, or ____________ .
Electronically
BBSI are closed these days
December 25 and January 1
Do you have any ______ employees earning less than $58,656 annually?
salaried
2026 projected wage base limit for ____ is $183,600
FICA
Contact ________ if you or your employees are having trouble accessing their information in the myBBSI Portal
Your BBSI Payroll Specialist
Employees of clients that started midyear, will receive ___ 2025 W2's
2
Do you have a ____ plan with restrictions on hours used or carried over on or after January 1?
PTO
2026 401k and Simple IRA will each allow an additional $_____ catch-up on top of the regular maximum, for those 50 and older
$8,000
Need tax advice or help filing your OWN PERSONAL taxes, call _______
A Tax Professional