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Underwriting employees’ educational expenses tax-free

BMT Office Administration

A debt-free education courtesy of your employer sounds nice, but it’s not so straightforward. Many employers offer debt-free education as the latest in a long line of probably taxable perks. Many employers offer debt-free education as the latest in a long line of probably taxable perks. Tax-free education under Treas.

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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Educational transcript. Learn about these requirements at the Department of Health and Human Services’ HIPAA website. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. That is fine as long as the process is organized, systematic, and — above all — legal.

Filing 121
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

To clear things up, we’ve put together this extensive guide breaking down what you should and shouldn’t include in your employee files — so read on to learn more. Also, you’re legally obligated to retain these records for at least one year by the EEOC. Why do you need to keep personnel files?

Filing 52
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Webinar Employee Expense Reimbursements: Compliance Workshop

Office Dynamics

Get educated now on the new rules of employee expense reimbursements! The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. The result: an unhappy employee—and your company would be on the hook for the related payroll taxes and penalties. View this online. Join us Sept.

Expenses 100
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My thoughts on the multi-VA model

Virtual Moxie

Legally, and with lower risk, it could profitably be run with employees. Bit O’Moxie : Look…if you’re going to set up a multi-VA firm, do it legally and minimize your risk. and do it legally. I have also coached other VAs to (legally) create a successful 6-figure VA business. I also run a multi-VA firm and do it legally.

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