December 13, 2016
2017 Standard Mileage Reimbursement Rates  The Internal Revenue Service has issued its 2017 optional standard mileage rates. Effective January 1st, 2017, the IRS standard rate will be 53.5 cents per mile driven for ministry or business purposes (The new rate is down from 54 cents per mile for 2016 because of lower gas prices. )….
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December 12, 2016
Question A newly-hired employee cannot come up with proper identification for the Form I-9. He has presented an expired state ID, but no other documentation. I assume we can’t accept the expired documentation. Can we still have him work or should we let him go? Answer You are correct that you may not accept an…
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December 7, 2016
Due to the sensitive nature of your data, cybercriminals increasingly target the financial data. Thieves use a variety of tactics, from remote computer takeovers to phishing scams. Identity thieves are a formidable enemy. Data breaches are increasing in number and scope. Thieves often use the stolen identity information to file tax returns. As a tax preparer,…
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December 5, 2016
Next Steps for Churches Because of the injunction, churches that had planned to reclassify salaried, exempt employees who earned between $23,660 and $47,476 as hourly, nonexempt employees can simply maintain their current pay practices. However, churches should start tracking those employees’ hours because if the preliminary injunction is overturned, the plaintiffs’ bar likely will argue…
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November 30, 2016
A federal judge for the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction on the Department of Labor’s new overtime rules, which were slated to go into effect in just over a week on December 1, 2016. The judge ruled that the Department of Labor (DOL) likely overstepped its…
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November 28, 2016
The revised Form I-9 is easier to complete on a computer. Enhancements include drop-down lists and calendars for filling in dates, on-screen instructions for each field, easy access to the full instructions, and an option to clear the form and start over. When the employer prints the completed form, a quick response (QR) code is automatically…
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November 28, 2016
Although the federal Fair Labor Standards Act (FLSA) does not directly define full-time or part-time employment, there are standards to follow. It is up to the church to decide how many hours per week employees must work to receive either full-time status or part-time status. As long as the church designates what constitutes full-time and part-time status and…
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October 27, 2016
Contrary to popular belief, there is no general legal requirement that churches give employees sick leave. While most churches do in fact give employees some paid time off each year to be used for sick leave, the law does not require employers to do so in most circumstances. Under some circumstances, however, the law does require…
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October 21, 2016
Turbo tax is helping taxpayers in Alabama after errors were uncovered in its state income tax software that led some taxpayers to inadvertently overpay or underpay their taxes. In 2013, the Minnesota Department of Revenue advised taxpayers to review their returns for possible errors. Online tax software are great programs for basic secular returns but is…
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October 11, 2016
Think Long Term Retirement Planning, Not Presidential Term The next step in successful retirement investing is understanding you can’t time the market. Fidelity demonstrated the importance of consistent, long-term investing in a one of the worst investing periods in history—the stock market meltdown of 2008–2009. Their study showed that employees who kept investing in their workplace…
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