WASHINGTON The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re withholding the correct amount of tax from their pay in 2025. This digital tool provides workers, self-employed individuals and retirees with wage income a user-friendly...
margie@payrollpartners.com
How do we ensure the best results from remote employees?
Managing remote employees can be a challenge, but here are some best practices we recommend to make sure they remain critical and productive members of your team: Set measurable goals. Whether employees get their work done to your satisfaction is more important than...
Can we give our retiring pastor a monetary thank-you gift?
Yes, but keep in mind monetary gifts to employees are subject to special rules. Two main issues must be addressed: (1) whether the gift will create excessive compensation, and (2) whether the gifts given by individual(s) will be tax-deductible. It's wise to engage a...