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Underwriting employees’ educational expenses tax-free

BMT Office Administration

A debt-free education courtesy of your employer sounds nice, but it’s not so straightforward. While many companies and HR teams may be well-intentioned, there’s a difference between debt-free and tax-free. Many employers offer debt-free education as the latest in a long line of probably taxable perks. Time for some tax ed.

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10 Best Financial Management Tools for Personal and Professional Use

Success

So, if you are keeping up with income and expenses, you can quickly pull the data without much thought. Empower also features calculators for education savings, net worth, personal budgets and investments, among others. This can help you figure out how much to allocate to this expense each month. Plus, it’s free. No problem.

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Webinar Employee Expense Reimbursements: Compliance Workshop

Office Dynamics

Get educated now on the new rules of employee expense reimbursements! Employee Expense Reimbursements: Compliance Workshop. The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. Which payments made to employees are subject to payroll tax? View this online.

Expenses 100
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Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

Staff: You can claim back some of the cost of salaries, national insurance contributions, pension contributions and expenses for people who are employed to work directly on the research project. Subcontracted work: There are different rules here depending on whether you are a small or large company.

Agencies 120
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Besides complying with federal and state laws, keeping employee records helps you stay organized, aids decision-making, and protects your company if a terminated employee files a lawsuit. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

Filing 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies.

Policies 105
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Evaluating Benefits 101 – Comparing Premium Costs is Just Not Enough

Small Business CEO

These cost-cutting efforts will affect every department in a company, especially HR, as most companies spend the largest part of their revenue on salaries and wages. These hidden costs involve the recruiting, hiring and training of employees and can have a significant effect on the financial health and bottom line of a company.

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