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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

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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

Allwork

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. . Starting January 1, 2023, a similar law will go into effect in California for employers with at least 15 employees. Rollout of the new law has been a little bumpy. .

Salary 246
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. Is the worker treated as a supplemental resource to the business’ internal staff or are they working alongside them during similar hours and on similar projects? Control number.

Payroll 52
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What does it take to be a successful HR Assistant?

Page Personnel

simonewu 24/01/2023 Human resources (HR) functions are evolving quickly. The job also involves managing employee information and handling employee relations, so trust and discretion will be highly crucial. The HR job often involves working out how to manage people. What does it take to be a successful HR Assistant?

Payroll 52
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2-D barcoding may be coming to paper 1040s

BMT Office Administration

The Taxpayer Advocate Services’ (TAS) solution is to issue a Taxpayer Advocate Directive giving the IRS 45 days to work with the tax software industry to develop a plan to implement 2-D barcodes on self-prepared 1040s for the 2023 filing season. A section of the Internal Revenue Manual (i.e., Does the TAS have this power?

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