Paper checks are expensive. And with the average church is spending about $30.11 on employee compensation for every hour worked, there’s a good chance you’re spending more than you need to on payroll. Online payroll and direct deposit is the way of the future for payroll services.
To evaluate the potential benefits, here are some questions to ask:
- Is direct deposit a payment option for your employees?
- Do your employees have Internet access?
- How many forms do you print and distribute to your employees?
- How do you track employee time & attendance data?
- How many check stubs or W-2s do you reprint for employees?
- How are you currently storing your payroll reports?
- How often do employees inquire about vacation or sick time balances?
Based on the questions above you probably discovered some areas of improvement.
Can your church benefit from a paperless payroll solution and paperless office?
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
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Maple Grove, MN 55369
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