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The What, Who and How of Outsourcing… So You Can Let Go

Success

If you’re wondering whether you’re ready to outsource, the following tips and examples should be helpful: Deciding what to outsource. From the moment she opened Ditto Boutique, a luxury consignment store in Dallas, Jane DeNike outsourced the complex tasks of payroll and paying taxes to a bookkeeper and accountant. Tax laws change.

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

BMT Office Administration

These types of files include: Cover letters Resumes Employment applications References Interview notes Remember not to include any pre-hire documents that must be kept confidential, such as an employee’s I-9 form. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

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

BMT Office Administration

These documents include payroll records, time cards, pay rate information, and anything else related to payment. These types of documents include exit interview forms, final performance reviews , termination letters , and benefits information. How long should you keep tax, payroll , and benefits records? Compensation.

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The Hiring Trend Every Business Owner Should Know About

Small Business CEO

There’s a new trend in small business hiring - one that allows you to delegate some tasks you just need to get off your plate, bring someone talented onto your team while staying true to the fact that many of us like to run lean operations-hiring virtual part-time staff, and particularly virtual interns. You are certain to learn a lot.

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How long do employers keep employee records?

BMT Office Administration

Should an unhappy applicant file a discrimination claim against your organization, having job application & interview records on hand can be a lifesaver. Payroll files. Your payroll files should include W-4s, W-2s, timesheets, direct deposits, and wage rates. Medical files.

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