Remove Forms Remove How To Remove Management Remove Payroll
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

How to Maintain Your Company Culture Past the Startup Stage

Success

And perhaps instead of a couple people who started a company, there’s now a C-suite and another layer of management on the way. Smith, a professor in the department of organizational behavior and faculty director of executive education at the Case Weatherhead School of Management. 3 Relationship Management. 1 Self-Awareness.

Payroll 304
Insiders

Sign Up for our Newsletter

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

article thumbnail

IRS releases details on how to withdraw ERC claims

BMT Office Administration

The IRS has kept its promise to provide relief to employers that filed Forms 941-X to claim the pandemic-era employee retention credit for which they aren’t eligible. 14, the day the IRS imposed a moratorium on processing Forms 941-X on which the credit is claimed, but who haven’t yet received their ERCs.

Fax 52
article thumbnail

In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

It’s up to each department manager to review the timesheets their employees submit to ensure accuracy. Timesheet approval provides a way for managers to double-check their employee’s time punches to ensure there are no mistakes or missed punches. Examining timesheets will also let managers know if certain employees are underperforming.

Payroll 52
article thumbnail

Benefits of outsourcing HR for small businesses

BMT Office Administration

HR administration is an essential component of running a small business, but it’s often one of the most challenging to manage in the early stages of small business or start-up operations. How does HR Outsourcing work for small businesses? That’s why many businesses outsource HR to free up time to focus on other core business tasks.

Payroll 52
article thumbnail

Common mistakes made on Forms 1094-C and 1095-C — ACA reporting

BMT Office Administration

The IRS released Forms 1095-C and 1094-C for 2022 healthcare information reporting last week. These forms are required reporting under the Affordable Care Act for employers required to offer health insurance coverage. The instructions are still in draft form , however not much has changed from the 2021 reporting.

Forms 52
article thumbnail

5 SOP examples for your business

BMT Office Administration

SOPs are an excellent tool for small business owners looking to take their business process management to the next level. A standard operating procedure (SOP) is a detailed document with step-by-step instructions on how to properly complete a task. How to format an SOP. Direct Deposit Form. What is an SOP?

Payroll 72