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

BMT Office Administration

Does the business provide all necessary tools or equipment or does the worker provide their own tools? It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

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Stay organized and secure with electronic records management

BMT Office Administration

Requirements may prove surprising, such as certain employee medical records that OSHA wants retained for 30 years. provides small businesses and the self-employed with guidance about recordkeeping of supporting business documents such as gross receipts, purchases, expenses, and assets. Payroll information. OSHA forms.

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Everything you need to know about geofencing time clocks

BMT Office Administration

It could be an office, medical facility, or even multiple job sites in different locations. Missed punches happen all the time, and they cause all sorts of problems with timekeeping and payroll processing. They Increase Payroll Efficiency Speaking of missed punches, they’re also a huge headache for your accounting department.

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