Remove Expenses Remove Legal Remove Payroll Remove Software
article thumbnail

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
article thumbnail

What electronic record-keeping software best fits your needs?

BMT Office Administration

Using electronic record-keeping software to organize and store records in an electronic format can help you better organize your documents and stay compliant with recordkeeping best practices. Here’s what you need to know about making the switch and finding the right electronic record-keeping software tool. Saving time. EDMS and ECM.

Filing 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Underwriting employees’ educational expenses tax-free

BMT Office Administration

You may underwrite all of the employees’ educational expenses tax-free, even if the education leads to a degree, if one of these conditions applies: The education is required by you or the law so employees can keep their present salary, status, or job. Sounds like tax-free education is expensive, doesn’t it? Time for some tax ed.

article thumbnail

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. Type of Relationship. How to fill out a 1099 vs a W-2.

Payroll 52
article thumbnail

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

BMT Office Administration

Whether you’re using cutting-edge HR software or a physical filing cabinet, you’ll need to separate each employee’s file into two main categories — their main file and their confidential file. Also, you’re legally obligated to retain these records for at least one year by the EEOC.

Filing 52
article thumbnail

The best timeclock options for small businesses

BMT Office Administration

However, as a small business, it may seem like many options are too extensive, too expensive, or don’t quite meet your needs. The refills are typically not too expensive, but if you have a large number of employees they can add up. This can make payroll processing more efficient. Work locations. Time clock options.

Payroll 52