Many businesses, their accountants and advisers have been wondering what's happening with the employee retention credit, a refundable tax credit for businesses and tax-exempt organizations that had employees and were affected by the COVID-19 pandemic. In recent weeks, the IRS has been focusing on weeding...
Effective onboarding is crucial for both employees and organizations. It sets the stage for a successful employment journey and helps new hires become productive team members quickly. Traditional onboarding processes can be cumbersome and time-consuming, but with the advent of Employee Self-Onboarding Software, companies now...
While ministers are employees for federal income tax reporting purposes, they are self-employed for Social Security purposes with respect to services they perform in the exercise of their ministry. This means that they must pay both the employee and the employer share of social security tax...
Martin Luther King Jr. Day is a federal holiday in the United States, celebrated on the third Monday of January each year. It is a day to honor the life and legacy of Dr. Martin Luther King Jr., an influential civil rights leader who fought...
Educational assistance programs offered by employers can now be used to pay principal and interest on an employee’s qualified education loans. Traditionally, these programs have been used to pay for books, equipment, supplies, fees, tuition, and other education expenses for the employee. Payments made directly...
In today's world, ensuring the safety and security of your organization, customers, and community is of paramount importance. One of the most critical steps in this process is conducting thorough background screening for both employees and volunteers. In this blog article, we will explore the...
With the aging of the Boomer generation, pastors are retiring every day. I hear from a pastor almost every week who has recently retired or is considering retirement. Over the past few years, our conversations have become somewhat predictable and consistent. The questions these pastors have...
Question: One of our employees says they have a “serious health condition” and needs to take time off for treatment. Can you tell me what the requirements are? Answer: It’s likely the employee may enjoy protected leave under the Family and Medical Leave Act (FMLA). This...
