Remove Forms Remove Management Remove Payroll Remove Purchasing
article thumbnail

IRS poised to allow e-filing of Form 941-X

BMT Office Administration

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. Earlier this year, it kicked off a new scanning process for Form 940. The IRS’ paperless initiative takes this one step beyond scanning payroll returns.

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. It’s the responsibility of the HR Manager to ensure that all onboarding paperwork is complete in accordance with all federal, state, and local laws and that new hire orientation is conducted. Direct Deposit Form.

Payroll 72
Insiders

Sign Up for our Newsletter

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

article thumbnail

Stay organized and secure with electronic records management

BMT Office Administration

Like many other workplaces, Laura’s office could benefit considerably from implementing electronic records management (ERM). Such a management system utilizes information technology to organize and store records in electronic form. A properly maintained electronic records management system serves as an efficient one-stop-shop.

article thumbnail

Employee Records: End of year review & preparing for next year

BMT Office Administration

These documents include payroll records, time cards, pay rate information, and anything else related to payment. These types of documents include exit interview forms, final performance reviews , termination letters , and benefits information. You’re legally required to hold on to these forms, so don’t throw them out.

Medical 52
article thumbnail

It’s time to review (or create) your document retention policy

BMT Office Administration

When you can show a thoughtful, standardized records management procedure to a relevant third party such as a lawyer or auditor, it backs up your decisions. Input from senior management, human resources, and the record-keeping department is a must. Such action raises concern about cover-ups. Per the U.S. Department of Labor.

Policies 105
article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

In fact, ROBS is currently the most popular form of business financing in 2023. While this may seem complicated at first glance, it becomes easier to grasp when you understand a few key concepts about financial management. They also work for individuals that don’t qualify for other forms of financing.

Finance 105
article thumbnail

Top 10 Small Business Trends for 2015

Small Business Labs

  Cloud Automation tools are simplifying a wide range of traditional small business applications such as accounting, payroll, inventory management, HR and benefits administration, etc.  This is rapidly changing as growing numbers of firms successfully raise money via crowdfunding platforms.

2015 100