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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

Businesses live and die by the quality of their financial planning and performance, as most new companies fail (21.9% The catch is that a business’s fiscal year does not have to line up with the traditional calendar year. However, to avoid confusion, most companies ensure that their fiscal year aligns with the current calendar year.

Finance 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Does the company control or have the right to control what the worker does and how the worker does his or her job? Does the business provide all necessary tools or equipment or does the worker provide their own tools? Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

Payroll 52
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What does it take to be a successful office manager?

Page Personnel

They coordinate schedules, handle employee issues, negotiate with suppliers and work hard to ensure everyone gets along within the company culture. For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. Office managers should always expand their knowledge.

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How to handle remote employee time tracking

BMT Office Administration

For instance, some companies chose to engage in rather invasive & questionable monitoring practices, such as watching/photographing their employees via their webcams. As stated before, many companies saw a noticeable boost in productivity after implementing remote employee time tracking. It boosts productivity.

Payroll 52
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Eight Ways to Keep Your Office Clutter-Free

Ian's Messy Desk

If necessary, write a date and time on your calendar when you’ll be retrieving this paper for further action. This means that you immediately give this paper to someone else, whether this person is someone in your company, a client, vendor or someone else you outsource to. Personnel and payroll records. DELEGATE IT.

PDF 100
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Eight Ways to Eliminate Paper and Clutter in Your Office

Ian's Messy Desk

If necessary, write a date and time on your calendar when you’ll retrieve this paper for further action. Immediately give this paper to someone else, whether this person is someone in your company, a client, vendor or someone else you outsource to. Personnel and payroll records. Invest in equipment and software.

PDF 100