Author: Robert Hernandez

Owning a business after being an employee can be very satisfying. You are the captain of the ship and can chart your course without having to answer to anyone else. When you get to the point where you need employees, however, it's vital to realize...

28 January, 2020

If you’re a minister, you must pre-pay a substantial portion of the taxes you’ll owe for that year in estimated quarterly payments to avoid penalties. Tip # 1: Make your payment on time   The US has a pay-as-you-go tax system, meaning the IRS expects you to make...

23 January, 2020

A salary, or wage, advance is a type of short-term loan from an employer to an employee. The employee receiving the advance must pay back the money within a specified time frame, as dictated by the company's salary advance policy. Under federal law, employers can make...

22 January, 2020

Poor employee scheduling causes problems for your company. Fortunately, you can fix it with TimeSimplicity from Payroll Partners. Here are the 5 signs of broken scheduling: 1. Employee Turnover   Employee scheduling has a big impact on turnover rates. Lowering your rate of employee attrition provides savings to...

21 January, 2020

WASHINGTON – With the tax filing season quickly approaching, the Internal Revenue Service recommends taxpayers take time now to determine if they are eligible for important tax credits. This is the second in a series of reminders to help taxpayers Get Ready for the upcoming tax...

17 January, 2020

Reason 1: Income Tax Deduction   Contributions to your 403(b) account are tax deductible for federal income and social security taxes. Putting money into the 403(b) reduces your taxable income for that year. For example, if you put $5,000 into your 403(b) account and your federal income...

16 January, 2020

Does your company use a structured onboarding protocol? If you don't, you're not alone. Like most business owners, you have a lot of things on your plate. Onboarding may not seem like a priority. In many businesses, it consists of a short orientation meeting followed...

15 January, 2020