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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

Payroll 52
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Business finance: The ultimate guide for non-finance people

BMT Office Administration

In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). It’s where an individual uses their personal funds, usually from their retirement fund or 401k, to finance their business tax-free. Why is that? What is a ROB? What’s that?

Finance 105
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Trump’s Government Workforce Purge Could Cost U.S. Economy Up To 1 Million Jobs

Allwork

Postal Service federal workers as a share of overall payroll employment has edged up to 1.52% from 1.47%. It is also well above the level typically seen in the years just before the pandemic, with the exception of a short-lived spike in January 2019 due to a government shutdown over a budget impasse. from late 2000.

Payroll 200