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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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5 SOP examples for your business

BMT Office Administration

To help you visualize what an SOP should look like and include, we’ve created five simple SOP examples. Take a look at the following examples to see what a basic SOP should look like. SOP Example 1 – Employee onboarding. Example 2 – Posting a job opening. Example 4 – Ordering office supplies.

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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues. This keeps Payroll in the loop.

Payroll 52
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What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

Real estate costs can be reduced by downsizing the amount of space needed and allowing for flexible desk booking policies. After all, commercial real estate is, on average, the second-highest expense for most businesses, only surpassed by payroll. Working policies. Part of the answer lies in your working policies. .

Policies 291
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Eco-Friendly Payroll Options for Your Business

Eco-Office Gals

Turning the average business into an eco-friendly enterprise that strives to do less harm through policies and practices is no easy undertaking. And those are just a few examples. You’ll either have to purchase computer software that allows you to complete such transactions or hire a payroll service to do it for you (or both).

Payroll 100
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The Four Horsemen of the Mandated Return to Office

Allwork

For example, an August 2022 Gallup survey of remote-capable workers showed that 34% of respondents want to work full-time remotely, 60% want to work a flexible hybrid schedule, and only 6% want to work in a traditional office-centric setting. . For example, Meta Platforms offers permanent fully remote work options. Resistance .

2022 341
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Is it ever ethical to disclose tax information, and to whom?

BMT Office Administration

The American Payroll Association’s code of ethics includes eight points, but let’s stick to three of them: To strive for perfect compliance, accuracy, and timeliness of all payroll activities. To maintain the absolute confidentiality of the payroll within the procedures of the employer. No, according to the IRS.

Payroll 59