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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Axed business travel budgets. Business travel was just getting back to a post-pandemic normal when inflation started going haywire. In response, business travel budgets have been trimmed.

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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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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.

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12 Last-Minute Gift Ideas For Digital Nomads

Allwork

Having lots of bulky baggage is not ideal when you’re trying to travel light, so gifting experiences, digital gifts, or small items is ideal. . Small, portable gifts like a travel adaptor or chic and practical laptop stand make great tangible presents for any occasion. . Wireless travel massage pillow . Travel adaptor .

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From the Archives: The Ultimate Cost of Penny-Pinching

Success

He would never think of inviting a customer or a prospective customer to a luncheon, or of offering to pay his car fare (if he happened to be traveling with him). The Expensive Is Often the Cheapest. Trying to cut the payroll down to the lowest possible dollar has ruined many a concern. False economy has cost this man very dear.

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The Blended Role of Executive Personal Assistants

C-Suite Assistants

For couples who travel frequently between homes and businesses and have busy lifestyles, this could mean coordinating professional and private schedules across different time zones and in different regions around the world. What Type of Assistant Should I Hire? In this case, these will be two separate people.

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Things You Can Do As A Small Business Owner To Limit Your Tax Liability

Eco-Office Gals

For example, you decide to make payments for most of your January expenses in December. It is advisable that as an employer you create accountable plans to help you cut down on payroll taxes. You can decide to reimburse your staff for entertainment, travel, gifts, car expenses among others. Pay Your Bills Early.