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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
But, he said, the city could use the payroll savings. The first is to keep the worker as an employee but turn the position into a telecommuting position. Converting an in-office worker to a telecommuting employee saves money by reducing overhead costs. There are two options to consider.
Continuing its exploration of how working time issues impact nonexempt telecommuters, the DOL’s latest FAB evaluates the compensability of break time. Bottom line: Successful telecommuting arrangements depend on good communication between you and your WFH employees and setting reasonable expectations regarding working and nonworking time.
Time management goals for today’s executive assistant must consider responsibilities that range from payroll to office design and layout. But with the pandemic and an increase in telecommuting, companies need assistants who understand how to utilize technology and get more creative with time management.
On the other hand, your permanent telecommuters will be subject to their municipality’s income taxes, which means you must register as an employer and withhold. If nonresident employees work from home permanently, your municipality can’t claim they’re subject to its income taxes.
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