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3 Smart Money Moves to Make Before Starting a Business

Success

Knowing what resources you have on hand before you get in too deep can provide peace of mind that you’ll either have the funds you need to support your startup phase or that you need to save more before you order those new business cards and call yourself CEO. It requires time, energy and resources. All investing involves risk.

Finance 345
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Webinar Employee Expense Reimbursements: Compliance Workshop

Office Dynamics

Get educated now on the new rules of employee expense reimbursements! Employee Expense Reimbursements: Compliance Workshop. The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. Which payments made to employees are subject to payroll tax? View this online.

Expenses 100
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Recruitment documents Human resources departments should retain documents related to the hiring process, especially if you need to refer back to them later. Also, you’re legally obligated to retain these records for at least one year by the EEOC. That means there aren’t any crucial files that you must include by federal or state law.

Filing 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

Creating an effective documentation retention policy involves reviewing company and human resources requirements, state law, federal law, industry and governmental regulatory requirements, and insurance policies. Input from senior management, human resources, and the record-keeping department is a must.

Policies 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Some expenses may be included on independent contractor invoices, but the basic tools or programs required to complete the work are often provided by the contractor. Booth copies must be sent out by January 31.

Payroll 52
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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.

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5 Administrative Assistant Skills That Add the Most Value

Admin Awards

Managers and executives also value assistants who know how to use accounting, payroll and HR applications. Small and midsize companies, in particular, sometimes need help managing a Facebook page or Twitter feed and may not have the resources to hire a social media specialist for the office. Ability to display grace under pressure.

Skills 40