Do you run a church, ministry, or faith-based nonprofit? If so, payroll and taxes can feel complicated, especially when clergy housing allowances enter the picture.
Read More IRS Rules for Minister’s Housing Allowances: Documentation and ReportingCompensation Articles
Compensation - Tips, Training, and News
How to Accurately Calculate a Clergy Housing Allowance
April 15, 2026Key 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
No Tax on Tips: How Is Payroll Affected?
March 25, 2026Tipped income is already complicated. And it got even more complex with the passage of the One Big Beautiful Bill Act (OBBBA) in 2025, which brought major tax changes. One of the biggest? Certain tipped employees will no longer pay federal income tax on their tips.
Read More No Tax on Tips: How Is Payroll Affected?
No Tax on Overtime: What to Know
March 25, 2026Tucked inside the massive One Big Beautiful Bill Act (signed on July 4, 2025), the new “no tax on overtime,” rule gives many hourly workers a reason to pay closer attention to their pay stubs. Retroactive to January 2025, eligible employees can deduct a chunk of their overtime earnings from their federal taxable income. The […]
Read More No Tax on Overtime: What to Know
Payroll Trends for Small Businesses in 2026
March 10, 2026Employee count, compensation, benefits, and taxes are all key components of payroll, the process of paying your employees. Changes in the economy, employees’ priorities, and technology shape everything from how you run payroll to your payroll costs. Are you staying on top of the latest payroll trends?
Read More Payroll Trends for Small Businesses in 2026
How to Pay Yourself from Your Business | Salary vs. Draw
February 11, 2026Running your own business doesn’t mean you sit around as stacks of cash come flooding into your office. Business owners are busy nonstop to keep up with operations. Since running a business is your full-time job, you need to know how to pay yourself from your business.
Read More How to Pay Yourself from Your Business | Salary vs. Draw
Understanding Publication 1542 Per Diem Rates
December 17, 2025You might have heard about per diem pay before. But, are you familiar with Publication 1542? Learn more about Publication 1542 per diem rates and how to calculate per diem pay below.
Read More Understanding Publication 1542 Per Diem Rates
What Is the Bonus Tax Rate?
December 15, 2025Picture your star employees and how much value they add to your business. Many employers recognize their employees’ value with bonus pay. When you give an employee a bonus, you are required to withhold taxes on the additional money. To figure out how much to withhold, you need to understand the bonus tax rate.
Read More What Is the Bonus Tax Rate?
What Is 2% Shareholder Health Insurance?
March 4, 2025Do you own an S corporation and offer health insurance to employees? If so, handling health insurance may get confusing if you have a 2% shareholder-employee. Learn how 2% shareholder health insurance works for S corporations.
Read More What Is 2% Shareholder Health Insurance?
Your Overview of State Per Diem Rates [+ Resources]
December 12, 2024If you have employees who travel for work, you might offer them per diem pay to cover travel-related expenses. Per diem rates can vary based on the state and city your employee travels to. Read on to learn about and get resources for different state per diem rates.
Read More Your Overview of State Per Diem Rates [+ Resources]