Company Expenses Payroll Promotion 
BMT Office Administration
MAY 9, 2024
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
Allwork
OCTOBER 18, 2022
Labor hoarding is when companies find ways to hold on to talent rather than lay off workers in order to save money in the long term. . Companies are more concerned with mitigating costs than they are hiring new team members. . Allwork.Space spoke to three HR leaders to gauge their opinion on the practice of labor hoarding. .
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BMT Office Administration
JUNE 26, 2023
Or were you recently promoted to a financial role in your organization? Businesses live and die by the quality of their financial planning and performance, as most new companies fail (21.9% However, to avoid confusion, most companies ensure that their fiscal year aligns with the current calendar year.
BMT Office Administration
JULY 3, 2023
Besides complying with federal and state laws, keeping employee records helps you stay organized, aids decision-making, and protects your company if a terminated employee files a lawsuit. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.
BMT Office Administration
AUGUST 8, 2022
Worried that your company might not have a particular document on hand if the IRS conducted an audit? Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Each employer shall preserve for at least three years payroll records, collective bargaining agreements, sales and purchase records.
BMT Office Administration
JUNE 22, 2022
If you don’t have that document backed up in an electronic format, you may have just lost important company or employee data. However, making the switch to electronic record-keeping often isn’t as expensive or cumbersome as small business owners think. More expensive than basic file storage options.
Small Business CEO
AUGUST 30, 2010
Practicing frugality in your business does not mean that you are sacrificing the quality and service level of your company. There is a tax benefit to help promote green technology plus it would also be beneficial to the environment. The goal is for you to reduce your expenses by getting rid of the unnecessary cash outflow.
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