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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? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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5 Long-Term Financial Goals and How to Achieve Them

Success

The timeline of a long-term goal generally isn’t strict, giving you plenty of time to review and adjust your goals as you go. Most people use a mortgage to buy real estate, but many mortgage lenders ask for at least 20% of the purchase price as a down payment. The good news?

Goals 288
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Employee Records: End of year review & preparing for next year

BMT Office Administration

Then there are performance reviews and each employee’s history of disciplinary action, both of which are essential documents that can help you avoid litigation following a termination. Employers keep many records and documents about their employees, not only for legal requirements but also because it’s just a good business practice.

Medical 52
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How to Start a Nonprofit Organization In 5 Simple Steps

Success

Once the basic information is completed, you will receive a PDF with the new EIN—a document that should be stored in a safe place but kept handy because the entity’s EIN will be used on many documents going forward. The general public is entitled to see these documents,” says Snow.

Filing 162
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5 Sites That Make It Easy To Kickstart Your Remote Or Freelance Career

Allwork

If you make a purchase through our affiliate links, we may earn a small commission at no extra cost to you. . To support users through the job process, FlexJobs also offers its members access to tools and resources such as resume reviewing, career coaching, and educational guides. .

2020 306
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Do I Need to Buy Life Insurance?

Success

People purchase life insurance to help their families replace lost income and cover final expenses after death. The premium is generally calculated based on the age, gender and health of the person purchasing the policy, among other factors. Tell the executor of your estate and your close family members where to find the documents.

Policies 264
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5 SOP examples for your business

BMT Office Administration

Implementing and documenting standard operating procedures (SOPs) is a great way to make sure that all staff members are completing their tasks in the correct manner. A standard operating procedure (SOP) is a detailed document with step-by-step instructions on how to properly complete a task. What is an SOP? How to format an SOP.

Payroll 72