Remove Expenses Remove Filing Remove Organization Remove Payroll
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Best Virtual Assistant Services - Elevating Your Business with a Remote EA

ProAssisting Blog

They manage schedules, handle emails, organize files, and take care of various administrative duties. A remote executive assistant adept in bookkeeping handles invoicing, expense tracking, payroll, and other financial tasks, maintaining the business's financial health.

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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Final e-filing regs. The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Two sets of wage-and-hour regulations.

Payroll 52
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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Stay organized and secure with electronic records management

BMT Office Administration

He put Laura in charge of going through a bunch of drawers with instructions to make folders to organize papers of current worth, box up other documents that somebody might need down the line, and toss insignificant and old material. Such a management system utilizes information technology to organize and store records in electronic form.

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What electronic record-keeping software best fits your needs?

BMT Office Administration

Keeping track of paperwork can be a challenge, It’s easy to misplace a file or even spill coffee on a document on your desk. If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Better file retention compliance.

Filing 98
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Things You Can Do As A Small Business Owner To Limit Your Tax Liability

Eco-Office Gals

Also, a business owner with a limited liability company gets to avoid double taxation as well as enjoy easy tax filing. Contribute To A Charity Organization. Contributing to charitable organizations is also a good way to help you support your community. Have A Retirement Plan. Pay Your Bills Early.

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

BMT Office Administration

Defining what types of documents your organization must keep as a record, their retention period, and their destruction policy also gives your organization credibility in the eyes of outsiders. Legal consult proves especially helpful in matters involving the organization’s litigation hold policy.

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