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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

It’s essential for an organization/business to have a more-than adequate payroll system. Learn more here. Having a good payroll service can make or break a company. These applications automate the payroll process to reduce administrative burden and ensure that workers are paid correctly and on time.

Payroll 246
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In-Depth Guide to the Timesheet Approval Process

BMT Office Administration

If so, read on to learn how you can streamline your time approval to save time and money. Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing. Whenever a manager submits their employee timecards to payroll , they need to be extremely precise. Recordkeeping for legal requirements.

Payroll 52
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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Accident reports. Learn about these requirements at the Department of Health and Human Services’ HIPAA website. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. That is fine as long as the process is organized, systematic, and — above all — legal. Doctor’s notes.

Filing 121
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

To clear things up, we’ve put together this extensive guide breaking down what you should and shouldn’t include in your employee files — so read on to learn more. Also, you’re legally obligated to retain these records for at least one year by the EEOC. Why do you need to keep personnel files?

Filing 52
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

If you’re not quite sure about the differences between a 1099 and a W-2, keep reading to learn which form to send and how to fill out and file them. A 1099 is a form used to report non- employee compensation. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

Payroll 52
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What electronic record-keeping software best fits your needs?

BMT Office Administration

These software services can be a budget-friendly option for easy file storage and document sharing, but they do also come with some limitations: Pros: Most of the top cloud-based file storage and sharing tools are fairly user-friendly and offer a minimal learning curve. These solutions are typically affordable. eFileCabinet. Document Locator.

Filing 98
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Webinar Employee Expense Reimbursements: Compliance Workshop

Office Dynamics

The legal and financial risks of mishandling employee expense reimbursements have spiked in recent years. The result: an unhappy employee—and your company would be on the hook for the related payroll taxes and penalties. Plus, get an expert's advice on the best practice for reporting and processing them. View this online.

Expenses 100