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Constructive receipt and on-demand pay, a murky payroll intersection

BMT Office Administration

The sticky questions Legal opinions differ regarding the constructive/actual receipt issues. We’re not going to say who’s right and who’s wrong because although we have an opinion, we can’t dispense legal advice. Included for the second time in the administration’s budget are new payroll tax rules governing on-demand pay.

Payroll 52
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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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Rounding employee’s time may present legal risks

BMT Office Administration

Of course, those added “on the clock” minutes could lead to confusion as to whether they should have been paid and, in turn, lawsuits. Regardless of the choice you make, no employer should ever run payroll without someone (such as a supervisor) putting eyes on all employees’ time records to ensure accuracy. Well, it depends.

Legal 52
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Payroll 52
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3 Smart Money Moves to Make Before Starting a Business

Success

Of course, much like with a vacation, there will always be moments that don’t go as planned with a new business. Of course, find out who the competition is , assess how many hours you’ll need to devote to your business, and define your target audience. You should consult your own tax, legal, and accounting advisors.

Finance 345
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What electronic record-keeping software best fits your needs?

BMT Office Administration

These tools typically include onboarding, payroll , benefits, timekeeping, and performance management functionality. eFileCabinet is a document management software that is popular with HR, finance, IT, and legal teams due to its security features. Though of course, it is more costly. Human Capital Management (HCM) Software.

Filing 98
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Stay organized and secure with electronic records management

BMT Office Administration

Jan bit her lip and hoped that Laura had not accidentally tossed evidence the legal department might need in a harassment lawsuit. The second action opens up the company to potential legal and regulatory problems. Some types of business records, such as tax forms and legal documents, are relatively easy to spot. OSHA forms.