2024 Changes to BOI Reporting

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See Demo 1-800-714-5153 2024 Changes to BOI Reporting: A Guide for Small Business Owners In today’s increasingly transparent financial ecosystem, the importance of Beneficial Ownership Information (BOI) Reporting has never been more pronounced. With the global push towards clamping down on illicit financial flows, money laundering, and the financing of terrorism, understanding and complying with […]

Data Security in HR and Payroll

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See Demo 1-800-714-5153 Ensuring Data Security in HR and Payroll: TimeTrex’s Commitment to Privacy The safeguarding of sensitive information has become essential for modern business, especially within the HR and payroll sectors. As these domains routinely handle personal and financial data, the stakes for maintaining stringent data security and privacy measures have never been higher. […]

Best Time and Attendance Software of 2024

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See Demo 1-800-714-5153 The Best Time and Attendance Software of 2024 In the dynamic landscape of modern business, optimizing team efficiency and managing labor costs are pivotal. Leveraging the right time and attendance software is a strategic move towards achieving these objectives. Given the myriad of software options available, pinpointing the perfect fit for your […]

Statutory Pay for Good Friday and Easter Monday in Canada

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See Demo 1-800-714-5153 Statutory Holiday Pay for Good Friday and Easter Monday in Canada In 2024, Good Friday falls on March 29th, and Easter Monday occurs on April 1st. These dates offer Canadians a long weekend in early spring, a time for many to observe religious traditions, spend time with family, or simply enjoy the […]

How to Eliminate Buddy Punching in 2024

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See Demo 1-800-714-5153 A Guide to Stop Buddy Punching in 2024 Definition of Buddy Punching and Its Impact on Businesses Buddy punching occurs when an employee asks a colleague to clock in or out for them, essentially misrepresenting the time they start or finish work. This practice can happen across various sectors, particularly in jobs […]

Guide to PTO in the US

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See Demo 1-800-714-5153 PTO in the US: A Guide for 2024 In the competitive and fast-paced American workforce, Paid Time Off (PTO) emerges as a crucial element, striking a delicate balance between work and personal life. PTO encompasses various forms of leave, including vacation, sick time, and personal days, allowing employees to take time off […]

Work Hours Per Year

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See Demo 1-800-714-5153 Understanding Your Annual Work Hours The lines between work and life often blur, and gaining a clear understanding of how many hours you work in a year is more than a numerical curiosity—it’s a cornerstone for achieving work-life balance and financial well-being. This knowledge empowers individuals to navigate their careers and personal […]

9/80 Work Schedule Explained

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See Demo 1-800-714-5153 The 9/80 Work Schedule Explained What is the 9/80 Work Schedule The concept of work schedules has evolved significantly over the years, offering employees and employers flexibility and a better work-life balance. One such innovative scheduling model that has gained popularity is the 9/80 work schedule. This section delves into the definition, […]

Joint vs Separate Tax Filing for Married Couples in 2024

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See Demo 1-800-714-5153 2024 Joint vs Separate Tax Filing for Married Couples 2023 Federal Income Tax Brackets Tax Rate Single Filers Married Filing Jointly or Qualifying Widow(er) Married Filing Separately Head of Household 10% $0 to $11,000 $0 to $22,000 $0 to $11,000 $0 to $15,700 12% $11,001 to $44,725 $22,001 to $89,450 $11,001 to […]

The 2024 FLSA Worker Classification Rule for Small Business

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See Demo 1-800-714-5153 2024 FLSA Worker Classification Rule: A Guide for Small Businesses In a significant development, the U.S. Department of Labor unveiled a transformative Final Rule on January 10, 2024, reshaping the criteria for determining employee and independent contractor status under the Fair Labor Standards Act (FLSA). Set to take effect on March 11, […]