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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.

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

BMT Office Administration

For example, a graphic designer employed as an independent contractor would likely use their own computer and design software whereas employees often have work devices and any necessary software program subscriptions provided. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

Each offers its own benefits, some are easier to use than others, and all can be completed using technology; either computer software or video. Software such as PowerPoint, Visio or SmartDraw can aid in the development. There are several different tools that you might want to use alone or in combination to create your business system.