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

BMT Office Administration

1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. If you are paying someone through your normal employee payroll process with income tax withholdings, you typically need to send them a W-2. Medical and health care payments. Control number.

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

BMT Office Administration

Employers covered by the Family and Medical Leave Act ( FMLA ) are required to make, keep and preserve certain records pertaining to their obligations under the law. Each employer shall preserve for at least three years payroll records, collective bargaining agreements, sales and purchase records. Per the U.S. Department of Labor.

Policies 105
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Stay organized and secure with electronic records management

BMT Office Administration

Others, such as emails and social media posts, are not so obvious. Requirements may prove surprising, such as certain employee medical records that OSHA wants retained for 30 years. Payroll information. Some types of business records, such as tax forms and legal documents, are relatively easy to spot. OSHA forms.

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Blockchain In Recruiting: Will That Impact A Recruiter's Job?

Recruit CRM

This comes in handy for transferring medical data, voting mechanisms, personal identity security , advertising and sales data tracking etc. It can also store and validate arbitrary data like— gaming data and various social media applications. Helps in tracking orders, payments and accounts.

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