Success

SEPTEMBER 27, 2024

It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. Business Credit Card Using a business credit card for all or most of your expenses is an easy way to capture all of your deductions in one place.

Credit Card 147

Credit Card Filing Expenses Forms 147

BMT Office Administration

NOVEMBER 21, 2022

Agreements related to the use of a company car or business credit card. Payroll records for money or pay-related information such as: Timesheets. Payroll deduction forms. That is fine as long as the process is organized, systematic, and — above all — legal. Employment agreements, such as confidentiality.

Filing 121

Filing Medical Payroll Forms 121

BMT Office Administration

JULY 3, 2023

Also, you’re legally obligated to retain these records for at least one year by the EEOC. Employee performance records While it’s essential to include performance records to monitor and analyze your employee’s productivity — there’s no legal obligation here. Here’s what you’ll need to include in your confidential employee files.

Filing 52

Filing Payroll Medical Legal 52

Success

MARCH 7, 2025

But an LLC can alternatively be filed as an S corporation, which gives you the same legal separation with the benefit of not having to pay self-employment tax. However, owners must follow payroll tax rules, including reasonable compensation, and salaries must be at fair market value to avoid IRS scrutiny.

Retirement 130

Retirement Payroll Filing Credit Card 130