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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
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Employers need to prepare W-2 security plans

BMT Office Administration

The FBI and the Cybersecurity & Infrastructure Security Agency recently issued an alert to critical infrastructure companies warning them of a new ransomware attacker. The agencies’ advice was to: Secure remote access tools. If the C-suite objects, an assistant can pick up a hard copy from the payroll department.

Payroll 52
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IRS poised to allow e-filing of Form 941-X

BMT Office Administration

The IRS and the National Taxpayer Advocate have been going at each other hammer and tongs over the mountains of paper forms the agency still processes. The IRS’ paperless initiative takes this one step beyond scanning payroll returns. This should speed up your tax refunds considerably.

Forms 52
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The Four Horsemen of the Mandated Return to Office

Allwork

The Labor Day return-to-office mandates resulted in a rise in office occupancy in early September in 10 major cities tracked by Kastle Systems, a security access card provider — reaching 47.5% Or consider a National Bureau of Economic Research paper about a study at Trip.com, one of the largest travel agencies in the world.

2022 342
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The DOL makes 401(K) cybersecurity recommendations

BMT Office Administration

Perhaps the DOL should secure its own computer systems first. A newly released report by the DOL Inspector General concludes the agency’s cybersecurity efforts have improved, but not enough. It has a framework for assessing the effectiveness of federal agencies’ cybersecurity efforts. How the DOL thinks about cybersecurity.

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Stay organized and secure with electronic records management

BMT Office Administration

Such a management system utilizes information technology to organize and store records in electronic form. The benefits of electronic recordkeeping systems. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. Paper records can take up a good deal of physical room.

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

Creating a business system or standard operating procedure (SOP) may be the right move for you. A good business system summarizes everything you know about your role in the company and how to do your job. If you have a good system, anyone who follows it will get the same result every time. Business systems are beneficial, too.