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IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma

BMT Office Administration

The saga of 401(k) catch-up contributions under SECURE 2.0 Beginning with catch-up contributions to be made next year, employees whose Social Security wages (W-2, Box 3 wages) exceed $145,000 this year can make catch-up contributions on a Roth, after-tax basis only. is well known.

Payroll 97
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Upcoming regulatory initiatives and their impact on payroll

BMT Office Administration

the American Payroll Association’s director of government relations. Almost 100% of hands went up in response. Speaking at the American Payroll Association’s 40th Annual Congress this week in Las Vegas, Jacobson, Robert Wagner, Esq., and Mike Linehan caught attendees up on today’s hot payroll -related regulatory issues.

Payroll 52
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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? Beef up computer security.

Payroll 52
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Is Technology Meeting The Needs Of Today’s Workers?

Allwork

In a Q&A with Jennifer Kraszewski, VP of Human Resources at Paycom , she explained how technology in the workplace needs to constantly be keeping up with the times. . In a Q&A with Kraszewski, she explained how technology in the workplace needs to constantly be keeping up with the times. .

Payroll 254
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5 Positive Practices to Reduce Stress in a Team

Worxbee

Hiring and managing employees, payroll, and quality control, to name a few. All these – in themselves – may not be stressful, but collectively, they can be hard on executives – and tough on their teams. Want to help alleviate stress among your team? Executives juggle many things when running a business. How does this happen?

Stress 83
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The Right Way to Share Problems at Work With Your Boss 

Success

There are numerous reasons employees might not speak up at work, from fearing backlash from bosses in charge of their promotions and salary to worrying about how it will impact their reputation. Additionally, just because employees speak up doesn’t mean they’re sharing everything. And slow down, speak less and listen more.”

Health 257
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Book Review: The Million-Dollar One-Person Business

Small Business Labs

." This pretty much sums up the advantages of being successfully self-employed.  There is less risk because there’s no regular payroll to meet and less stress because there aren’t employees to manage. There is less risk because there’s no regular payroll to meet and less stress because there aren’t employees to manage.

Payroll 178