Author: Margie Reed

While it is true that ministers, and other church employees, may earn less than those performing similar jobs requiring similar skills in the secular world, there are unique tax advantages that can help offset the compensation differences. One of the greatest advantages for church workers...

24 November, 2021

In todays’ workplace, a facial recognition time clock is far more common than it was even a decade ago. In some cases, advanced biometric clocks are must-haves. With health, safety and time theft use-cases, facial recognition time clocks are fast becoming the best technology for...

23 November, 2021

In Bloomberg Tax & Accounting's 2019 Payroll Benchmarks Survey, 69.2% of respondents said they used outside vendors to perform payroll functions, while only 30.8% said they did not outsource payroll. Let's look at the practical and financial reasons so many companies are taking the payroll outsourcing...

22 November, 2021

WASHINGTON — The Internal Revenue Service today announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2021-45 provides details about these annual adjustments. Highlights of changes in Revenue Procedure 2021-45:    The...

19 November, 2021

When you manage a nonprofit, spending money is always an issue. After all, your company is funded by grants and donations, many of which have strings attached. It's your obligation to keep the organization lean and the overhead low. However, the bigger an organization gets,...

17 November, 2021

Some employers with only salaried personnel often believe automated Workforce Management is only necessary for organizations with hourly employees. The object of this article is to review why this couldn't be further from the truth. 1. Compliance The alphabet soup of the various labor...

16 November, 2021

1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage and hour standards, which are administered by the U.S. Department of Labor. These standards cover: Federal minimum wage. Overtime pay and exemptions. Work hours, including meals and rest breaks. Child...

15 November, 2021

The IRS has announced the new retirement plan numbers for 2022. Retirement limits for 401(k) and similar plans are up. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan is increased to $20,500, up from $19,500. IRA...

12 November, 2021

The Occupational Safety and Health Administration has announced a new emergency temporary standard to protect workers from the spread of the coronavirus on the job. The emergency temporary standard covers employers with 100 or more employees – firm or company-wide – and provides options for compliance. The...

11 November, 2021