6 Reasons to Go with Payroll Outsourcing services

Small Business CEO

Payroll may seem like something you can operate on your own but the demands associated with handling payroll such as payroll laws, filing date, tax deposit rules, federal mandates forms, etc. Finance Management outsourcing payroll management payroll outsourcing

IRS fact sheet causes confusion around Form 941

Business Management Daily

1, 2021, you need to issue a Form W-2c to correct employees’ 2020 or 2021 W-2s, even though you’re paying these wages in 2022. 1, 2021, and qualified family leave wages paid in 2022 for leave taken after March 31, 2020, and before Oct. Office Administration Payroll

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The DOL makes 401(K) cybersecurity recommendations

Business Management Daily

Office Administration PayrollLast year, the Department of Labor released a trio of documents advising employers with 401(k) plans about cybersecurity. The DOL is backing up the advice in those documents during plan audits by scrutinizing employers’ and third parties’ cybersecurity efforts.

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How Working From Anywhere Can Fail

Allwork

For starters, companies that hire remote workers often face challenges managing the payroll and taxes for these professionals. For many professionals, home and work have become synonymous.

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What Is Cryptocurrency’s Role In The Future Of Work?

Allwork

So too is the case with Bitwage , which is a payroll service allowing employers to pay workers in cryptocurrency – also, Bitwage offers its own employees a crypto salary. .

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Crypto’s creep into the workplace is creating concerns

Business Management Daily

Office Administration PayrollCryptocurrencies aren’t legal tender. This hasn’t stopped employees from wanting to be paid in crypto. Nor has it stopped Fidelity Investments from offering crypto as a 401(k) investment option.

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IRS releases new FAQs on Form W-2c

Business Management Daily

The IRS has released a new round of FAQs in two fact sheets, both of which clarify the circumstances under which you must provide employees with Forms W-2c if you took the payroll credits for providing them with pandemic-related paid sick or family leave during 2020 and/or 2021.

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Recruiter.com Announces Partnership With Employment Platform Oyster

Allwork

Oyster’s platform features payroll, local benefits, and hiring tools across over 180 countries. . Recruiting platform Recruiter.com has revealed that it is partnering with employment platform Oyster to expand hiring services and make them more accessible to both employers and employees. .

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Rocky tax season could lead to slow refunds for employees

Business Management Daily

25, 2022, (i.e., As of March 2, 2022, the IRS had 2.5 A portion of this backlog is due to pandemic-related payroll credits. Office Administration Payroll

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Human resources professionals should focus on boardroom partnerships

Workplace Insight

However, in other cases, it is not uncommon for human resources or payroll projects to be managed in isolation of HR either.

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2-D barcoding may be coming to paper 1040s

Business Management Daily

Office Administration PayrollIf the IRS were Superman, paper would be its kryptonite. That’s our analogy to the Taxpayer Advocate’s annual report to Congress regarding the IRS’ well-known pandemic-related problems opening the mail.

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A third of workers think their jobs are at risk from automation

Workplace Insight

A new poll claims that one in three (37 percent) employees consider their current job to be at risk from automation and digital transformation.

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Navigating the IRS’ Interactive Tax Assistant

Business Management Daily

It’s payroll -friendly, too! One payroll -friendly aspect of the assistant is the section— Are My Wages Exempt From Federal Income Tax Withholding? Office Administration PayrollTax lawyers should be able to do their own taxes, don’t you think? With minimal help, of course.

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5 SOP examples for your business

Business Management Daily

Conduct the HR orientation to orient the new employee with the timekeeping and payroll software , necessary paperwork, and internal resources. Example 5 – Payroll processing. Payroll refers to the payment process for all W2 employees. Run payroll in the payroll system.

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How to Maintain Your Company Culture Past the Startup Stage

Success

One answer is that as the company payroll increases, they cannot have a personal relationship with every employee and they lose sight of what’s happening below them. This article originally appeared in the March/April 2022 Issue of SUCCESS magazine.

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Open Floor Plans Are “A Thing Of The Past” According to Airbnb’s CEO

Allwork

However, workers will still need a permanent address for tax and payroll purposes. . Airbnb recently adopted a permanent remote work option for employees, but CEO Brian Chesky says that even when employees do return to its offices , they will look completely different. .

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The Blended Role of Executive Personal Assistants

C-Suite Assistants

In public corporations, the executive assistant is on the company payroll, and most often, the personal assistant is on a personal payroll.

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Moving While Working Remotely

Success

Taxes can get complicated quickly, especially when dealing with multiple states, so make sure to work with a tax professional and your payroll department to ensure you’ve covered all of the details.

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The best timeclock options for small businesses

Business Management Daily

Your work-from-home employees also need to be able to clock in too, and having all time entries in one central system tends to make payroll and attendance management easier. This can make payroll processing more efficient.

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How Can Data Optimise Your Small Recruitment Budget?

Recruit CRM

Using the tools such as an HR Payroll System can help you improve the hiring process without spending tons of money in the process. Hiring new employees is something every business owner will have to deal with at one time or another.

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Positive Candidate Experience & Organizational Culture: How to Hire Top Talent & Keep It?

Recruit CRM

Whether it's a top-rated CRM platform for your marketing department or an HR suite that makes it easy to manage payroll and benefits, these tools should be readily available for employees to use.

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