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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. From the implementation of SECURE 2.0 From the implementation of SECURE 2.0

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Opening an Office in Another State? Ask Yourself These 7 Questions

Insperity

Payroll tax. Employees in new locations often end up feeling isolated from the home office. But your investment in a new office would be too great to let this happen. Should I outsource payroll and benefits or is my current payroll person equipped to handle the payroll for the new location?

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7 PEO benefits that can save you money

Insperity

In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits. Working with a PEO can decrease your payroll-processing and related accounting costs. So, where are the savings? Retirement plans.

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10 HR Tech Trends Driving Workplaces Forward in 2021

Vantage Circle

That’s why more businesses are focusing on implementing different technologies that can help them stay compliant, monitor time efficiently, manage payrolls, and drive engagement. Even when companies head back into the office, attention to employee wellness will remain essential. Your Home Office is Now Your Office.

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7 Telecommuting Rules Leaders Must Follow

Vantage Circle

Having telecommuters in the payroll drastically reduces the company overhead and other expenses. Identify if any onsite office equipment is required and ask employees to shift it to their home office for the required period of time. Not only it increases morale but it increases productivity too.

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Making Taxes Less Taxing

Success

For example, the Wave Advisors program provides bookkeeping support and one-on-one accounting and payroll coaching. Your accountant can help you with that, or you can learn about them in the IRS Tax Guide for Small Business. Each company offers free support, but this support varies by hours and by type (phone, video, chat or email).

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Top Gifts You Can Give Your Remote Team for the Holidays

Bonnie Low-Kramen

So, with the holiday season just right around the corner, employers and managers can make full use of this occasion to show employees that they are more than just names and numbers on a payroll sheet. Thanks to advanced technology, giving gifts, even to staff who are self-isolating in their homes, has never been easier.

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