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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Setting up employee personnel files is an important part of the recordkeeping process. However, sometimes people mistakenly think of these files as a catch-all for an individual’s paperwork. Rather, understand that general personnel files serve a distinct purpose. What to include in an employee’s personnel file.

Filing 121
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Wall Street Whispers: Big Banks Discussing Bankruptcy Strategies For WeWork

Allwork

The Wall Street Journal reported on Thursday prominent Wall Street firms, including BlackRock, King Street Capital, and Brigade Capital — who collectively lent WeWork over $1.2 The paper reported that this move might also see the company’s control shift to its creditors. However, its financial challenges are still very evident.

Filing 130
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

Are there special reporting requirements? Payees must usually present an affidavit attesting they can receive the payment. health, dental, vision, retirement) and involuntary deductions, like garnishments. Reporting rules Tricky withholding rules lead to tricky reporting rules. What pay is taxable?

Payroll 52
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. According to a report published by the Pew Research Center , “Roughly three years after the COVID-19 pandemic upended U.S. While celebrating U.S.

Legal 264
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Bad Credit 101: The Small Mistakes That Are Killing Your Score

Success

Your credit utilization ratio is another major factor that determines your FICO score and, therefore, your overall credit health. If you pay your bills on time while keeping your card balances low and your credit is still bad, it’s time to pull your credit report. Using too much credit isn’t good.

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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

If you don’t have everything (or anything at all) documented, there’s no time like the present to get started! Tools of the Trade Familiarize them with the essential programs and platforms used by the company (project management, file management, internal communications, virtual meeting platforms, etc.),

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Re-inspire Yourself this Fall!

Step It Up VA Coaching

Do papers and files cover your desk like autumn leaves on your lawn? Time to toss and file. Give yourself a report card. Even better, sign up to give a presentation or teach a class in your area of expertise! Visit [link] to receive the free report, Top 3 Mistakes to Avoid in Creating a 6-Figure VA Business.