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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

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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. These incentives are fully taxable and are subject to W-2 reporting.

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Book Review: Raw Deal - How the Uber Economy is Screwing American Workers

Small Business Labs

Government Accountability Office (GAO) recently did an analysis of contingent work and found 85% of independent contractors are content being independent and would not want to be traditional employees. They also found that 57% reported they were very satisfied with contract work. This section is quite good.

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Crypto’s creep into the workplace is creating concerns

BMT Office Administration

Neither you nor employees can evade withholding and reporting by paying in crypto. dollars) and reporting rules apply. You can have a policy against paying employees in crypto and it probably won’t be a deal-breaker for the vast majority of employees. In fact, the process is much more arduous. 401(k) investment options.

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