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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
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Sorting out taxes and reporting for a deceased employee

BMT Office Administration

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Are there special reporting requirements? Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen.

Payroll 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Businesses and nonprofits of all sizes should possess a written-out document retention policy. Such action raises concern about cover-ups.

Policies 105
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Accident reports. Health insurance forms. Note that employers who are required to encourage applicants and employees to self-identify as an individual with a disability under Section 503 of the Rehabilitation Act must keep these self-identification forms separate from all other records, including other medical records.

Filing 121
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Is it ever ethical to disclose tax information, and to whom?

BMT Office Administration

Lawyers have a code of ethics running to booklet form and so do doctors (a one-pager) and accountants. The American Payroll Association’s code of ethics includes eight points, but let’s stick to three of them: To strive for perfect compliance, accuracy, and timeliness of all payroll activities. No, according to the IRS.

Payroll 59
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

For instance, if your employment records contain all the disciplinary actions and policy violations committed by the offending employee, you’ll have a better chance of defending your decision to terminate an employee in court. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

Filing 52
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5 SOP examples for your business

BMT Office Administration

Conduct the HR orientation to orient the new employee with the timekeeping and payroll software , necessary paperwork, and internal resources. Provide each new hire with all necessary onboarding documents including i9 forms, tax forms, and the employee handbook acknowledgment form. Direct Deposit Form.

Payroll 72