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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

One answer is that as the company payroll increases, they cannot have a personal relationship with every employee and they lose sight of what’s happening below them. This can come in many forms from department lunches with the CEO or management, town hall-style meetings or regular surveys of employees. (An That requires communication.

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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. This traditional form of time tracking has long been used as a way to manage employee productivity & performance, but the advent of remote work has thrown a wrench into the works. No stress in hiring new remote workers.

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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. IT has its own jargon.

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My thoughts on the multi-VA model

Virtual Moxie

I have several amazing subcontractors as team members, yet, when I needed someone to come into my office to work on a more 'employee' basis, I hired an actual employee and she's been on my payroll for 3+ years. I did choose this model for the purpose of creating a much larger income than I ever could being a solo VA.

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