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IRS update: digital communication and payroll

BMT Office Administration

It’s more challenging with business and payroll returns, because of the power of attorney; the IRS is beginning a POA initiative, he added. Zoom in for the payroll picture The IRS calls withholding voluntary, although your employees may beg to differ. Payroll is compliance-oriented; there’s very little wiggle room to be creative.

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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

However, Payroll teams are busy preparing for a different season — year-end reporting. While this may be the most stressful time of the year, good preparation can smooth out a lot of the kinks. So what can you start doing now to get ahead and reduce the stress when prime time arrives? Reach out to employees if SSNs are missing.

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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.

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How to handle remote employee time tracking

BMT Office Administration

Now in 2023, it’s projected that 25% of the workforce will engage in remote work in one form or another. While that’s great news for employees who enjoy the increased flexibility of working from home, it poses a significant challenge for managers. You likely spend quite a bit of time monitoring & managing your employees.

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Business and IT - Adversaries or Partners?

Small Business CEO

Watch for some of these warning situations: • Everyone knows HR cuts payroll checks, and finance pays vendors. IT helps make operations more efficient, but change in organizations can be stressful and can create uncertainty. Form a prioritization committee comprised of IT management and business leaders.

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My thoughts on the multi-VA model

Virtual Moxie

It’s because you, as the biz owner, can’t make enough from clients to pay the contractors’ self-set fees, or give them enough freedom to do their work to make managing the business and the work product easy enough for you to make your take of the clients’ fees be worth it to you. I also run a multi-VA firm and do it legally.

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