Remove Company Remove Expenses Remove Forms Remove Payroll
article thumbnail

Surge in Remote Work Fuels Cross-Metro Employment Boom

Allwork

ADP payroll data shows that since the onset of the COVID-19 pandemic, the share of “cross-metro” remote workers employed at large firms in the U.S. companies are using the high demand for remote work as an advantage to improve recruitment efforts. decline in wage growth relative to their teammates who decided not to relocate.

Payroll 255
article thumbnail

Making Taxes Less Taxing

Success

Lee lists the following benefits of doing your taxes: You may discover expenses that have been billed twice by mistake. You’ll see these when inputting expenses into your accounting software or spreadsheet or when reviewing your transactions. You can determine expenses to cut. But there’s good news, too.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Payroll 52
article thumbnail

What Is The Impact Of Hybrid Working On Space Optimization?

Allwork

Many companies have adopted a more flexible approach to remote working. From Colliers’ 2022 Innovation Summit , we gather that 60% of companies will only need 50% to 70% of their existing office space in the coming three years. Naturally, every company is different. But the same can be said for the various teams in your company.

Policies 296
article thumbnail

5 SOP examples for your business

BMT Office Administration

This Standard Operating Procedure details all of the steps that must be taken to onboard all new hires to the company. New hire refers to any new employees beginning employment at the company. This includes rehires who were previously employed at the company but terminated their employment for a period of time. ATS user guide.

Payroll 72
article thumbnail

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

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

Businesses live and die by the quality of their financial planning and performance, as most new companies fail (21.9% In fact, ROBS is currently the most popular form of business financing in 2023. However, to avoid confusion, most companies ensure that their fiscal year aligns with the current calendar year.

Finance 105