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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 From the implementation of SECURE 2.0

Payroll 52
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

However, there is sometimes some confusion on which to send — and you don’t want to get it wrong. Does the business provide all necessary tools or equipment or does the worker provide their own tools? Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter. What is a W-2?

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

BMT Office Administration

A business can choose to liquidate (selling something to convert it into cash) physical business assets, such as real estate, equipment, computers, and vehicles — in order to pay off debts. In fact, ROBS is currently the most popular form of business financing in 2023. Here’s a look at the most important terms related to business finance.

Finance 105
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Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

Reading the details of what would be offered in exchange for taking the early retirement deal didn’t really strike me as a wonderful option for those 84 people., But, he said, the city could use the payroll savings. Some positions do require in office personnel, but it’s possible that some don’t.

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Control Expenses – Automate Process Through Workflow Software

Small Business CEO

How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Companies are notoriously lax with terminations in making sure physical and system access has been removed, equipment returned and HR exit interview is completed.

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Small Business World News Round-up - 2009/11/10

The Small Business Blog

Getting by with skeleton staff : Small business owners are still whittling away at their payroll, but the deluge of pink slips on Main Street is slowing down. Don’t wait to Invoice : The quicker you invoice, the quicker your chances of getting paid. [link] 1 week ago Ted Turner: "If you have an olive, you want an olive tree.

2009 100
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Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

Bootstrappers don’t waste their money – they make money. Bootstrappers don’t waste time with long business plans they start their small business immediately. Bootstarppers don’t follow the herd , they use unconventional thinking to move forward and succeed. You want a little more. You want the whole tree."

2007 100