Author: Robert Hernandez

A very common question in Clergy Tax Preparation is “If I designated X as my housing allowance, and I overspend it, what happens?” Many believe that overspending your housing allowance will result in a penalty or getting into trouble with the Internal Revenue Service. This...

Editor’s note: This story was updated on Wednesday, Sept. 2 at 5 p.m. with additional statements from the National Treasury Employees Union, which is requesting more details from the Office of Management and Budget about upcoming payroll tax deferral plans. The president’s upcoming payroll tax deferral...

Do you have hourly workers at your company? Not keen on letting any of them go? We suggest getting a biometric time clock. There is no better way to control labor costs if you have hourly workers. 4 Ways Biometric Time Clocks Lower Fixed Costs   ...

As homeowners across Texas receive their 2020 property appraisal notices, Reform Austin has launched an online resource to help everyone understand how the property tax system works and how much they can expect to pay. Our calculator provides an estimate of taxes that will be due...

The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return...

Hello HR professionals! Do you ever have to contend with HR naysayers? These with a bad attitude toward your department? Today's article is a tribute to Human Resources. The next time you are challenged, you will be better able to justify why HR is the most...

Ever since it became clear that not all schools would be fully reopening for the new school year, employers and employees alike have been wondering how the federal Families First Coronavirus Response Act (FFCRA) would apply in the variety of new schooling scenarios. Yesterday, the...

The Department of the Treasury, in conjunction with the Internal Revenue Service released guidance on the payroll tax deferral executive order from President Trump last Friday. What We Know In layman's terms, this new guidance defines the following: It allows employers to defer the withholding, deposit, and...