In the complicated world of ministerial pay, it is important to know that pastors and other ordained employees can receive a certain amount of money in compensation for basic living expenses. This is called a housing allowance, also known as a parsonage allowance or a...
Employee
Making Payroll Based Journal (PBJ) Compliance Simple
If you own or operate a long-term health care facility, you are now required to meet the Payroll Based Journal (PBJ) requirements. Payroll Partners wants to help you become a PBJ expert! We wish it was as simple as making a peanut butter and jelly sandwich but,...
How Long Do You Have to Retain Payroll Records?
The Social Security Administration and the IRS have issued a joint publication that offers valuable pointers for employers who want to clean up their old payroll files. In most (but not all) cases, that means following a four-year retention rule. The publication...