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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

While dealing with lots of paperwork doesn’t rank as most HR professionals’ favorite task, proper recordkeeping for employee personnel files is a must for any organization. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date. Why is that?

Filing 52
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

Allwork

While the dust from the 2023 tax filing season has long since settled, if you are a freelance worker, independent contractor , or digital nomad, now isn’t the time to forget about your taxes. According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.”

Legal 264
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10 Collaboration Tools to Bring Your Next Great Idea to Life

Success

Multiple users can be inside a document or spreadsheet and actively making changes or leaving comments at the same time. The Pro version of Slack, which the company says is ideal for small teams, costs $6.67 So far, we’ve focused on tools for internal collaboration. per user per month. Miro is, at its core, an online whiteboard.

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Employee Records: End of year review & preparing for next year

BMT Office Administration

Yet, even the most seasoned HR employees occasionally need clarification about specific recordkeeping requirements, such as how long they should hold on to personnel records after an employee leaves the company. If you aren’t part of HR or are new to the department, you may not know which employment records you need to keep on file.

Medical 52
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Leveraging Procedures for Effective Training and Onboarding

All Things Admin

Procedures are more than just documents; they are a roadmap for new hires, guiding them through the complexities of their new role and the company culture without constant supervision. Even if you’ve performed similar roles before, your first days and weeks at a new company were probably a bit daunting.

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The What, Who and How of Outsourcing… So You Can Let Go

Success

While you’re certainly capable of answering the telephone, filing and ordering supplies, why waste your time on drudgery that almost anyone could do? She relied on these four experts to keep her company looped in on the tiny tweaks and massive overhauls in today’s quickly evolving technology. Who you gonna call?

Elance 289