Author: Margie Reed

If your church pays musicians to perform during services or other events, you’ll need to determine if they are employees or independent contractors. The biggest distinction between W-2 employees and 1099 workers is the amount of control you have over them. With a W-2 employee, you have...

08 December, 2021

Today’s message focuses on workforce planning. Specifically, the financial rewards for new business owners that use TimeWorksPlus. TimeWorksPlus is an affordable, easy to use employee timekeeping system from Payroll Partners. In addition to helping you efficiently manage employees, it helps you lower the biggest costs when starting...

07 December, 2021

Regardless of whether your first payroll involves a few employees or many, the goal is to execute payroll in an accurate and compliant manner. Here are some steps to help you manage your first payroll. Get an EIN and perform the necessary state registrations. Obtain an Employer...

06 December, 2021

If you haven’t had previous issues with this employee’s performance, I wouldn’t worry too much about his taking a second job. Side jobs are common, and many people manage them just fine. You can certainly reiterate your performance expectations, whether that’s completing assignments on time,...

02 December, 2021

Housing Allowance Resolution Sample  The following is a sample resolution to be adopted by the board of directors of any organization which employs a “minister” as defined by the IRS: Whereas, section 107 of the Internal Revenue Code specifies that the amount of ministers’ compensation that is...

01 December, 2021

Still using pen and paper? Have you considered how much manual timekeeping costs a business? Employee Time Theft Paper timecard systems can be exploited in a number of ways from hours padding to buddy punching. Some large employers who switch to an automated system are...

30 November, 2021

Below are federal payroll tax rates and benefits contribution limits for 2022. Social Security tax In 2022, the Social Security tax rate is 6.2% for employers and employees, unchanged from 2021. The Social Security wage base is $147,000 for employers and employees, increasing from $142,800 in 2021. Self-employed people must...

29 November, 2021