BMT Office Administration
MAY 30, 2022
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.
BMT Office Administration
NOVEMBER 21, 2022
Is it related to the employee’s performance, knowledge, skills, abilities, or behavior? Health insurance forms. Payroll records for money or pay-related information such as: Timesheets. Pay authorization forms. Payroll deduction forms. Keep I-9 forms in a separate file. Beneficiary information.
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BMT Office Administration
OCTOBER 31, 2023
Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?
BMT Office Administration
NOVEMBER 16, 2022
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?
BMT Office Administration
MAY 9, 2024
Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0
Success
MARCH 16, 2022
What skills does it take, and how can you instill the company’s philosophy and ideals in new hires? Benjamin Kittle, co-CEO and founder of the growing debt-relief company Century Services, is working with an executive coach to strengthen his leadership skills. Success is on the horizon, but obstacles abound.
BMT Office Administration
DECEMBER 6, 2023
You can print these forms and furnish them to employees. Downside: Keying in information on more than a handful of forms, let alone 50 forms, is a recipe for mistakes. You file Form 8508 with the IRS to request a waiver from e-filing the current year’s information returns (including 1099s).
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