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

BMT Office Administration

Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. What information needs to be included on form 1099 NEC? Payer’s TIN.

Payroll 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.

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. Such a management system utilizes information technology to organize and store records in electronic form. An ERM system enables people to find the right information when they need it.

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Time management tools to help you get ahead at work

BMT Office Administration

There is a wealth of useful and actionable information that can come from time tracking. Project tracking is also great if you are in an industry such as legal or consulting where you need to track billable hours. If you use QuickBooks for payroll processing , the integration is convenient. QuickBooks Time (Formerly TSheets).

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5 Administrative Assistant Skills That Add the Most Value

Admin Awards

Expertise in software and social media. Managers and executives also value assistants who know how to use accounting, payroll and HR applications. An administrative assistant with a working knowledge of the ins and outs of social media is a huge asset for an employer, too.

Skills 40
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Registering your business – Start Up Guides – Part 5 | THE SMALL.

The Small Business Blog

Other Great Business Blogs Social Media for Business WinWeb Pitch of the Week – Martin Everard Benefits Of Building A Home Business Is There More Financial Hardship To Come? You want the whole tree." " 1 week ago Be a likeable person to be successful at being self employed or a freelancer. 1 week ago More updates.

UPS 100