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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Everyone then anxiously anticipated the regs’ release, despite the fact that items on the regulatory agenda are routinely ignored by the agency putting them there. But business travel is still vital to many companies.

Payroll 52
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Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

Staff: You can claim back some of the cost of salaries, national insurance contributions, pension contributions and expenses for people who are employed to work directly on the research project. If you hire agency workers, you can claim back up to 65% of the agency fees.

Agencies 120
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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? Courts and government agencies frown upon individual employees selectively keeping or tossing important documents. Know how the Sarbanes-Oxley Act affects the recordkeeping of publicly traded companies.

Policies 105
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Are you getting paid as a 1099 Contractor?

Job Advice Blog

On March 23, 2010, In Interview Advice by Jeff LeFevre , By Jeff LeFevre 0 Today more and more companies are paying people as a private contractor to save on payroll taxes. Most employees don’t realize the added expenses that a company has simply to pay an employee. And of course the ignorance runs a muck!

Payroll 100
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Stay organized and secure with electronic records management

BMT Office Administration

She also explained that the only items she actually tossed were some electronic mail printouts from last year that were originally sent to the account of a person no longer with the company. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. The need for company policies.

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Evaluating Benefits 101 – Comparing Premium Costs is Just Not Enough

Small Business CEO

These cost-cutting efforts will affect every department in a company, especially HR, as most companies spend the largest part of their revenue on salaries and wages. These hidden costs involve the recruiting, hiring and training of employees and can have a significant effect on the financial health and bottom line of a company.

Salary 40