Taxpayers should start gathering and organizing records as their first step for tax preparation and filing their 2024 federal tax return. They need all year-end income documents to help ensure they file a complete and accurate 2024 federal tax return and avoid refund...
margie@payrollpartners.com
Do we need to tell employees when employment laws change?
Question: Do we need to tell employees when employment laws change? Answer: Possibly. As their employer, you need to stay up to date on legal changes that affect your organization. Plus your leadership team, managers, human resources, and payroll departments should...
IRC Section 107 Housing Expenses for RV Owners
A minister’s housing (or parsonage) allowance under IRC 107 is excludable from gross income only to the extent it is used to rent or otherwise provide a bona fide “home”—that is, a dwelling place complete with the usual amenities (such as furnishings and, for example,...