Payroll Articles

Payroll Tips, Training, and News

Essential Payroll Audit Procedures You Can’t Afford to Ignore

Running payroll accurately is arguably one of your most critical employer responsibilities. But even if you use a reliable payroll processing system, there’s room for user error. You might input numbers incorrectly, forget to add an employee’s pay raise, or fail to remove a terminated employee from your payroll. To combat these potential problems, conduct […]

Read More Essential Payroll Audit Procedures You Can’t Afford to Ignore

Can a Youth Pastor or Associate Pastor Claim a Housing Allowance?

Key Takeaways − A youth pastor or associate pastor can claim a housing allowance if they meet the IRS definition of a minister and the church properly designates the allowance in advance. A pastoral housing allowance is a portion of a minister’s compensation designated for housing expenses and can be excluded from federal income tax, […]

Read More Can a Youth Pastor or Associate Pastor Claim a Housing Allowance?

How to Accurately Calculate a Clergy Housing Allowance

Key Takeaways − A clergy housing allowance lets qualifying ministers exclude part of their compensation from federal income tax, up to certain limits. The church or organization must officially designate the allowance in advance. The excludable amount is the lowest of 1) The amount officially designated as housing allowance, 2) The minister’s actual housing expenses, […]

Read More How to Accurately Calculate a Clergy Housing Allowance

The Risks of Skipping Workers’ Compensation for Your First Hire

Key Takeaways − In many states, you need workers’ compensation insurance for one employee. Skipping coverage can expose you to lawsuits, medical bills, fines, and criminal charges, depending on your state. Workers’ comp helps cover medical costs and lost wages when employees are hurt on the job. Even “safe” office jobs carry risk: slips, falls, […]

Read More The Risks of Skipping Workers’ Compensation for Your First Hire