Remove Banking Remove Controlling Remove Government
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How to set up a payroll process: 10 steps

Insperity

Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Also, there are some states and local governments that require separate ID numbers in order to process taxes. Independent contractor. Not all taxes are created equal.

Payroll 262
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Business owner beware: FLSA compliance and personal liability

Insperity

In fact, when considering lawsuits about back wages, the federal government has the authority to deem a business owner an “employer” if certain criteria are present under the Fair Labor Standards Act (FLSA). Supervision and control of work schedules. Control or maintenance of employment records. Staying compliant.

Legal 187
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Workplace violence prevention: 8 tips to improve office safety

Insperity

Are you located next door to a bank that could be robbed? Is there a government office on the floor above you? Set strict guidelines for controlling cash. And, if you’re regularly transporting cash, such as bank deposits, don’t follow a set schedule. Do the other businesses around leave you more vulnerable?

Security 162
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Hiding in plain sight: The key to fix Citigroup’s regulatory woes

Work Life

Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank’s own assessment, shedding light on why it is taking it years to fix regulatory issues even as billions are spent on an overhaul. The bank has about 229,000 employees overall.

Banking 74
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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. Marshall says business owners shouldn’t relinquish control lightly.

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7 Ways to Save Money on Groceries without Clipping Coupons

Success

If you feel like food prices are out of control, it’s not all in your head. This is on top of an 11% rise in retail food prices from 2021 to 2022, according to the Government Accountability Office (GAO), the most significant increase in 40 years. These tactics will help you get what you need without breaking the bank.

Retail 105
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3 Smart Money Moves for Your Tax Refund or Stimulus Check

Success

When a windfall hits your bank account—like those stimulus checks or that tax refund—it can be tempting to spend it all right away on the first thing that comes to mind, or use it to jump on the next crazy investing trend. Stop Loaning Money to the Government. GameStop stocks and micro-investing, I’m looking at you.). Baby Step 3.