Information Payroll Process Salary 
Allwork
NOVEMBER 8, 2022
As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Workers have been calling for better pay transparency as they demand a more equitable workplace experience, which starts during the application and hiring process. .
BMT Office Administration
MAY 25, 2023
Information return filers filed about 300,000 to 400,000 1099s through IRIS this past winter. The IRS is just starting the process with the 941s. It’s more challenging with business and payroll returns, because of the power of attorney; the IRS is beginning a POA initiative, he added. How is it going to spend this money?
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BMT Office Administration
MARCH 17, 2023
A close call The FDIC announced Monday that it would protect all deposits, which means employers should have no problem making their payrolls. Explore whether it’s possible to switch your payroll accounts to another bank. So employees are probably going to have questions about the security of your payroll processes.
BMT Office Administration
APRIL 7, 2023
The Department of Labor may soon release proposed regulations raising the salary employees must earn to remain exempt from the Fair Labor Standards Act. The current weekly salary is $684 a week or $35,568 a year. Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court.
BMT Office Administration
JULY 28, 2022
The American Payroll Association’s code of ethics includes eight points, but let’s stick to three of them: To strive for perfect compliance, accuracy, and timeliness of all payroll activities. To maintain the absolute confidentiality of the payroll within the procedures of the employer. No, according to the IRS.
BMT Office Administration
MAY 30, 2022
Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.
BMT Office Administration
OCTOBER 26, 2023
14, the day the IRS imposed a moratorium on processing Forms 941-X on which the credit is claimed, but who haven’t yet received their ERCs. The IRS has added more FAQs on this process. Who can’t ask to withdraw an ERC claim You can’t use the withdrawal process if any of the following apply: You claimed the ERC on Form 941.
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