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It’s time to review (or create) your document retention policy

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

Policies 105
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

Keeping track of paperwork can be a challenge, It’s easy to misplace a file or even spill coffee on a document on your desk. If your desk is still cluttered with paper files or documents, it’s probably time to consider switching to electronic records management (ERM). Better file retention compliance. Saving time.

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. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. Electronic files allow approved people to get what they need regardless of where they are at.

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Uber and Lyft Lawsuits & the On-Demand Economy

Small Business Labs

Uber and Lyft were both dealt legal setbacks in two different lawsuits last week. The separate suits - one filed by Uber drivers and other by Lyft drivers - allege they are misclassified as independent contractors.   Freelance Government Policy Independent workers on-demand economy'

Legal 100
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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

The main issue for payroll , he said, is knowing where your remote employees are working because you are required to withhold those states’ taxes under the legal concept of nexus—states may tax income earned within their borders. The process should include Payroll , the tax department and your legal department. The future of wages.

Payroll 52
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Stay on track with this payroll compliance checklist

BMT Office Administration

There are a couple of common mistakes that can occur at this stage, including: Paying someone as an independent contractor when they do not meet the legal criteria for this classification. It asks for information such as the employee’s filing tax status, extra withholding preferences, and more. Final paychecks.

Payroll 52