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

BMT Office Administration

If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. Does the business provide all necessary tools or equipment or does the worker provide their own tools? What is a W-2? Employers also have to send a copy of the W-2 to the employee.

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

BMT Office Administration

That’s why I’ve put together this beginner’s guide to business finance, so read on to learn the fundamentals of financing a business. The catch is that a business’s fiscal year does not have to line up with the traditional calendar year. If the repayment period is less than 12 months, it’s considered a short-term liability.

Finance 105
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What does it take to be a successful office manager?

Page Personnel

For example, answering phones, taking messages, purchasing office equipment, working with relevant software and filing paperwork. Office managers may also draft documents, help with payroll, keep an organised office environment and communicate via phone, email and fax (yes, some companies are still using fax machines).

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How to handle remote employee time tracking

BMT Office Administration

Another reason to implement employee monitoring tools is to ensure that your employees aren’t using company equipment for personal use (think company phones, tablets, laptops, printers, etc.). Its core features include: Automated invoicing & payroll. Toggl Track also features the following: Calendar integrations.

Payroll 52