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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

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. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

Payroll 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). Balance sheets are invaluable for conducting financial analysis and making key financial decisions at a business. Why is that? All your current liabilities. Your total equity.

Finance 105
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How to Launch (and Maintain) a Successful E-Commerce Business

Success

This sounds like the fantasy version of the e-commerce lifestyle that’s sold in Instagram ads, but it was reality for my wife and me when we lived in Mexico in 2019. Avoid putting this person on the payroll if you can, because then you’ll have to wade through a lot of red tape related to taxes, insurance, benefits and the like.