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Celebrating New Talent: Emerging Entrepreneurs Shines a Light on Up-and-Coming Entrepreneurs

Success

And the magazine is making that even more official with its new Emerging Entrepreneurs awards , which will shine a light on the next wave of entrepreneurs and recognize the achievements of up-and-comers. “We In our society, we’re taught so often to never quit and never give up. That feeling of how are you going to make payroll?

UPS 246
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IRS fact sheet causes confusion around Form 941

BMT Office Administration

We admit we were thrown for a loop after reading the IRS’ latest fact sheets on reporting pandemic-related paid leave to employees on Form W-2c. This FAQ referenced paid leave taken under the American Rescue Plan, but the IRS came to the same conclusion for paid leave taken in 2020 or 2021. What Form 941 says.

Forms 52
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MBO Partners 10 Future of Work Predictions for 2021

Small Business Labs

With teaming on the rise (20% did so in 2020), we think that it’s only a matter of time before virtual reality is surpassed by virtual corporations. Virtual corporations and related new forms of organizational structures have long been forecast to replace traditional corporate structures.  

2021 199
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). In fact, ROBS is currently the most popular form of business financing in 2023. They also work for individuals that don’t qualify for other forms of financing.

Finance 105
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How to handle remote employee time tracking

BMT Office Administration

Prior to 2020, only 6% of all employees worked remotely. After the COVID-19 pandemic, that number jumped up to 13% and only continued to rise. Now in 2023, it’s projected that 25% of the workforce will engage in remote work in one form or another. Frees up office space. It boosts productivity. Why is that?

Payroll 52
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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

Few people will want — or be able — to start over in another field, nor can most afford to be idle until the noncompete agreement expires and they can move into a job with better wages and possibly more move-up potential.” . Up the Ante . This stifled mobility is where the FTC’s estimated $300 billion wage boost comes into play.

Policies 331