WASHINGTON – The Internal Revenue Service urges taxpayers to act now to avoid a tax-time surprise and ensure smooth processing of their 2019 federal tax return. This is the first in a series of reminders to help taxpayers get ready for the upcoming tax filing season. ...
The Self-Employment Taxes that most members of the Clergy must pay quarterly are actually made up of two different taxes: Old-age, survivors and disability insurance (also known as “OASDI” or the more commonly used term “Social Security”) Medicare taxes OASDI taxes are calculated as 12.4% of...
Employee breaks obviously take time away from work, but some employers have found effective scheduling of breaks can actually improve production. Fifty-four percent of employers responding to an Employers of America survey provide morning and afternoon break times of 10 to 15 minutes. One employer said...
Most business owners automate processes to save money and become more efficient. Some organizations with advanced tech in other departments are in the Dark Ages when it comes to Human Resources. If you want to improve efficiency at your company, start with HR. Here are our...
Yes, you will most likely be required to pay for the hours an employee spends at a training course and those hours must count toward any overtime calculation. The time that employees spend in training courses is considered hours worked unless all four of the following...
A small business owner often wears many different hats. They might have to wear their boss hat one day, and the employee hat the next. When tax season comes around, it might be their tax hat. They may think of doing their taxes as just another...
If you are new to Ministry, it’s possible that you’ve never heard of self-employment taxes before, much less paid them. One common mistake for new Ministers is filing the 1040 without taking self-employment taxes into account, which can result in a big bill later when...
Unemployment costs your organization money nearly every minute of every day — when you pay unemployment tax based on your payroll expenses, when an employee files a claim against your reserve account and when the Department of Labor shows up at your door for an...
Today's case study focuses on a landscaping business with 18 full-time employees, 6 part-time workers, and 15-20 seasonal contractors during peak months. The business provides landscaping and lawn maintenance services to businesses and home owners in a large suburban area. During the six months previous to...
I’ve heard serving alcohol at company parties can be a liability. What steps can we take to protect our organization and our employees? Yes, alcohol can be a liability. Partygoers who overindulge could cause an accident or act in ways that violate your harassment policy. Here...