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Stay on track with this payroll compliance checklist

BMT Office Administration

There are a couple of common mistakes that can occur at this stage, including: Paying someone as an independent contractor when they do not meet the legal criteria for this classification. The Fair Labor Standards Act ( FLSA ) provides clear guidelines on which employees may be classified as exempt vs. non-exempt.

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

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

Checklists ensure that all steps or actions occur, not necessarily in a specific order (though that can be part of the process), but rather just that they are completed, while a template is an established pattern - form letters, resume designs - that you can use over and over to produce the same result.

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Which Person Would You Talk To?

Men With Pens

Here’s your retirement cheque, go build your house, put in a pool, and stay with your girlfriend for the rest of your life,&# then I would probably kill myself. was that Kevin seems to believe in what he does as a form of expression. As Kevin mentioned, it’s a form of control. Pay per view.

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