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

BMT Office Administration

When constructing your policy, examine legal and regulatory guidelines. Employers covered by the Family and Medical Leave Act ( FMLA ) are required to make, keep and preserve certain records pertaining to their obligations under the law. When this happens, the Uniform Preservation of Private Business Records Act serves as a guideline.

Policies 105
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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. If you are paying someone through your normal employee payroll process with income tax withholdings, you typically need to send them a W-2. Medical and health care payments. Control number.

Payroll 52
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Stay organized and secure with electronic records management

BMT Office Administration

Examining legal and regulatory guidelines provides a good foundation for establishing what types of electronic records you need to keep and for how long. Requirements may prove surprising, such as certain employee medical records that OSHA wants retained for 30 years. Payroll information. Research rather than assume. OSHA forms.

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

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