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Preparing to Move Overseas? Read This First

Success

As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. medical insurance may only provide minimal coverage for urgent situations outside the country.

Medical 264
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. Also, you’re legally obligated to retain these records for at least one year by the EEOC.

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

BMT Office Administration

Legal consult proves especially helpful in matters involving the organization’s litigation hold policy. Their advice places a legal hold on physical and electronic records that should not be deleted because of potential future use. When constructing your policy, examine legal and regulatory guidelines. Per the U.S.

Policies 105
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Stay organized and secure with electronic records management

BMT Office Administration

Jan bit her lip and hoped that Laura had not accidentally tossed evidence the legal department might need in a harassment lawsuit. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. The second action opens up the company to potential legal and regulatory problems.

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

BMT Office Administration

A 1099 is a form used to report non- employee compensation. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor.

Payroll 52
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MBO Partners: A Business Platform for Independent Consultants.

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses?   This means, legally, the consultants and freelancers work for MBO Partners. 

Legal 100
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3 Steps to Take Before Going Into Business for Yourself

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A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Before going into business for yourself, you should have an account set aside to save for these additional expenses. You should consult your own tax, legal and accounting advisors.