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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

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. The IRS e-help desk phone number is 866-255-0654.

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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. 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. What pay is taxable?

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The What, Who and How of Outsourcing… So You Can Let Go

Success

From the moment she opened Ditto Boutique, a luxury consignment store in Dallas, Jane DeNike outsourced the complex tasks of payroll and paying taxes to a bookkeeper and accountant. If it’s answering the phone, you should have a script. I use it with my interns for my blog. Tax laws change. com , are—as the name suggests—global.

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

BMT Office Administration

Personal information You’ll mainly want to include an employee’s contact information here, such as: Full name Date of birth Address Phone number (mobile and landline) Education Job description Qualifications Other employee information, like their social security number and banking information, should NOT be stored in your personnel files.

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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

You might be using a new phone system or dealing with new project management software. Tools of the Trade Familiarize them with the essential programs and platforms used by the company (project management, file management, internal communications, virtual meeting platforms, etc.), Think back to the last time you started a new job.

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Summertime tax scams are going strong

BMT Office Administration

Sender : INTERNAL REVENUE SERVICE” Just as a reminder, the IRS doesn’t email or text you. They’ve spread to the internet, social media, unsolicited phone calls and even mailings that resemble official government letters but have fake agency names and usually urge immediate action.

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The Hiring Trend Every Business Owner Should Know About

Small Business CEO

There’s a new trend in small business hiring - one that allows you to delegate some tasks you just need to get off your plate, bring someone talented onto your team while staying true to the fact that many of us like to run lean operations-hiring virtual part-time staff, and particularly virtual interns.