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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

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HR Professionals Are Burned Out. Can A.I. Help?

Allwork

Human resources workers are under a considerable degree of stress as a result of these increased demands. Can artificial intelligence help human resources careers become a less stressful in the future of work? . How can artificial intelligence help with human resources tasks . The post HR Professionals Are Burned Out.

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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. While this may be the most stressful time of the year, good preparation can smooth out a lot of the kinks. So what can you start doing now to get ahead and reduce the stress when prime time arrives? Reach out to employees if SSNs are missing.

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IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma

BMT Office Administration

This is good news for Payroll, which can postpone tracking employees’ salaries and reworking the payroll software ; Benefits, which is probably in the process of making conforming amendments to the 401(k) plan; and employees, who can continue to make catch-up contributions on a pretax basis.

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

Success

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. I want to make sure everything is paid quarterly, and I want all my W-2s to go out on time,” she says. Who you gonna call?

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How to handle remote employee time tracking

BMT Office Administration

There are many ways to go about this, including time-tracking apps, project management software, timesheets, screenshots, spreadsheets, and asking team members to track their own progress. Besides software, organizations can also use spreadsheets, task lists, and self-reporting from employees. No stress in hiring new remote workers.

Payroll 52
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Is Technology Meeting The Needs Of Today’s Workers?

Allwork

Nearly 70% of employees would be willing to take a pay cut to have software and technology that’s twice as good as what they’re currently using. Yet 50% of executives think employees would take a pay cut for better software. . Payroll errors can greatly increase employee stress and lead to disengagement. .

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