Who’s there to organize the office organizer? Business Management Daily helps admins with dealing with bosses, records retention, and other key tasks.
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Taking minutes wasn’t getting any easier for Terri Michaels, even after years of practice. “I had become wordy, and the minutes were sometimes eight pages. Each new director or company wanted them done differently,” she says. Finally, she enrolled in a workshop, and things changed. Now she uses these 10 best practices:
By the end of June, the U.S. Supreme Court is expected to let us know whether some or all of the Affordable Care Act health care reform law will stand—or be struck down. The highly anticipated decision notwithstanding, it’s a good idea to get your W-2 reporting ducks in a row now.
Environmental psychologists know that sensory experiences impact the way we work. Here’s what they say: 1. Keep red to a minimum. 2. Grow a leafy green. 3. Face the entryway. 4. Make small adjustments for comfort. 5. Declutter but not too much.
It’s almost summer, and some lucky kids will be working in their families’ businesses. Sole proprietors and partnerships where both spouses are partners can get some special payroll tax breaks for hiring their kids. But, regardless of your business structure, you must follow a few rules to keep the IRS out of your hair.
A records retention schedule ensures that an organization keeps the records it needs for operational, legal, fiscal or historical reasons, and then destroys them when they're no longer useful. You have to know what you have and how long to keep it—legally and for your own business purposes—before you can establish an efficient records management system.
With vendors bringing in sweet temptations, birthday cake-filled office celebrations, and a vending machine stocked with goodies, it's hard to stay healthy. Some tips and strategies from admins:
The Affordable Care Act health care reform law requires plan sponsors of self-insured plans, including self-insured plans that cover retirees, to pay fees to support medical research for seven years, beginning with plan years ending on or after Oct. 1, 2012. Sponsors of insured plans who offer employees HRAs and certain health FSAs must also pay the fees.
It's important for employers to know what factors the IRS uses in determining whether an individual is truly an independent contractor versus an employee, and whether independent contractors fall under the protection of federal and state employment laws.
IRS agents are searching for violations of the COBRA rules, which require an employer with 20 or more employees to offer continued health insurance coverage to departing employees for at least 18 months after their departure.
Q: We reimburse employees for the cost of their cellphones, as well as their wireless coverage. Is the reimbursement for the cost of the cellphone taxable?