article thumbnail

Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

It’s essential for an organization/business to have a more-than adequate payroll system. Having a good payroll service can make or break a company. These applications automate the payroll process to reduce administrative burden and ensure that workers are paid correctly and on time. This helps support our journalism.

Payroll 246
article thumbnail

The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

  The loan can be used to pay for most business expenses.    So although most probably won't apply, the program could still run out of money.    So although most probably won't apply, the program could still run out of money.    Paycheck Protection Program (PPP) Loans. . 

Payroll 152
Insiders

Sign Up for our Newsletter

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

article thumbnail

Moving While Working Remotely

Success

Moving to a new state can often mean a lot of expenses. Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington, and Wyoming do not collect any income tax from residents, and New Hampshire doesn’t tax earned wages. Don’t forget about taxes. Before moving, make sure you do your research. Keep communication open.

Payroll 246
article thumbnail

HR Leaders Share How New Salary Transparency Laws Have Changed Everything

Allwork

As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Workers have been increasingly calling for better pay transparency as they demand a more equitable workplace experience, which starts during the application and hiring process. .

Salary 246
article thumbnail

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

BMT Office Administration

However, there is sometimes some confusion on which to send — and you don’t want to get it wrong. It can also help to look at whether the worker is reimbursed for expenses incurred while completing the work. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

Payroll 52
article thumbnail

Business finance: The ultimate guide for non-finance people

BMT Office Administration

The beginner’s business finance glossary “Our P&L report shows that our revenue is now greatly exceeding our expenses, and we’re showing a considerable profit.” “In For instance, the fiscal year is often the period used to measure revenue, profit, expenses, debts, and more.

Finance 105
article thumbnail

Counting the costs: What government funding for scientific research will cover?

The Small Business Blog

Staff: You can claim back some of the cost of salaries, national insurance contributions, pension contributions and expenses for people who are employed to work directly on the research project. Things you can’t claim for. You can’t claim for: • the production and distribution of goods and services. rent or rates.

Agencies 120