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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. You can also fax e-filing waiver requests to 877-477-0575.

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Final regs drop mandatory e-filing threshold to 10 or more information returns

BMT Office Administration

We’ve been waiting for the IRS to release final regulations on mandatory e-filing of information returns for quite some time. 31 e-filing deadline, we made an educated guess and said it wouldn’t make the same mistake again. Options for small employers: Small employers may never have thought about e-filing.

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Make Procedures Development a Habit, Not a Project

All Things Admin

Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. EXPLORE THE RESOURCES © 2024 Julie Perrine International, LLC HOW TO USE THIS ARTICLE IN YOUR NEWSLETTER OR WEBSITE Want to use this article in your newsletter, ezine or website?

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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

Tools of the Trade Familiarize them with the essential programs and platforms used by the company (project management, file management, internal communications, virtual meeting platforms, etc.), Human Resources Information Benefits and Compensation: Detailed information on employee benefits, compensation structure, and payroll schedule.

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Boeing Starts Domestic Layoffs Amid Planned 17,000 Job Cut

Allwork

Boeing notified these employees through federally required Worker Adjustment and Retraining Notification (WARN) filings, which were made public on Monday. Workers will remain on the payroll until January 17, 2024, in compliance with federal law.

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219,000 Americans File For Unemployment As Hiring Slows

Allwork

The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with steadily easing labor market conditions, though opportunities for those out of work are becoming scarce amid tepid hiring. in 2024, accelerating from 1.6% in 2024, up from 2.2% pace in the third quarter.

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U.S. Unemployment Claims Drop To 11-Month Low

Allwork

The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market, though a slowdown in hiring has led some laid-off workers to experience long bouts of joblessness. 4, the lowest level since February 2024, the Labor Department said on Wednesday.

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