Protect your Financial Data
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,…
Next Step for Overtime
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…
Federal Overtime Rules on Hold
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…
New I-9 Form Released, Required After Jan. 22, 2017
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…
How to Define Full-time or Part-time Employment?
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…
BREAKING NEWS: Injunction Issued on New Overtime Laws
On November 22, 2016,  U.S. District Judge Amos Mazzant granted a preliminary injunction on the new overtime rules that were to take effect December 1, 2016. U.S. District Judge Amos Mazzant III ruled in favor of the plaintiffs  who argued that the new OT rules would have caused an an increase in government costs in their states and would…
Is the Church Required to Provide Sick Leave?
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…
TurboTax Software Admits to Errors
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…
Think Long Term, Not Presidential Term
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…
Free I-9 Webinar On Demand
Free I-9 Webinar On Demand Webinar On Demand Federal law requires that every church comply with the I-9 requirements. Each individual employed in the United States must complete a Form I-9, Employment Eligibility Verification. Form I-9 will help you verify the employee’s identity and employment authorization. Viewers can choose the chapters of their choice or watch the entire…