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Payroll management using simple spreadsheets is a hectic and time-consuming process. The online payroll templates offer a time-efficient, professional, and proficient method of creating and sending payrolls. We offer an extensive collection of online payroll templates ranging from simple to complex layouts. Here we have discussed a step-by-step pro...

When running a business, employers use several pay periods to pay employees. Besides monthly payments, bi-weekly and semi-monthly pay periods are quite common in the labor market. Most times, people get confused about the bi-weekly and semi-monthly pay periods. Each pay period has peculiar features, benefits, and drawbacks. This article tells you ...

TurboTax is a highly-professional and efficient platform to file tax returns and get an expert opinion. This platform features many tax experts who can ease the stress of filing taxes. In addition to various tax products, TurboTax offers excellent services to file taxes with the last pay stub. Here, we have answered one of the most frequently aske...

Renting an apartment should be a walk in the park, especially if you have the money to foot the bills. Alas, the reverse is the case. No landlord will hand over the keys to an apartment without doing due diligence, like asking for your rental history. For one, it assures them that they are renting to someone who could be relied on to pay rent, whi...

In the workplace, it is proper for employers to send their employees a pay stub. The document contains details of the employee's earnings. In addition to showing the gross earnings, payroll stubs provide details like deductions on your wages, taxes, overtime pay, net salary, loan repayments, etc.  Employers store the employee's payroll detail...

A garnishment is a court-ordered deduction from your wages after you miss payments. The garnishments listed on your pay stub are critical for understanding how much money you'll have to give up as repayment for a debt. This comprehensive guide will help you identify and understand the different garnishments. Also, you will understand how they aff...

A pay stub includes details of financial activities in a pay period, including taxes paid, deductions for health plans, gross wages, commissions, etc. The health plan includes the employee and employer’s contributions to health and medical expenses. According to the Fair Labor Standards Act (FLSA), employers must also record the health benef...

As a freelancer, have you ever tried to request a loan from a bank only to be turned away because you could not provide proof of income? Being your own boss certainly comes with many advantages as you only answer to yourself, you could pick your schedule, and you are no one's employee. However, you may wonder how to create pay stubs if self-employ...

One necessary tax that affects both the company and the employee is the social security tax. In this article, we will discuss how to calculate social security wages from a pay stub.  What Are Social Security Wages? Social security wages are an employee's earnings from which social security taxes are withheld at the federal level. Pay supplie...

A pay stub can come in handy in so many situations. Whether you’re applying for a bank loan or looking for a new home, you’ll probably be asked to produce some official proof of income.   You may think that a pay stub is a document you’ll always be capable of getting but this isn’t necessarily the case. Legal requirements vary from one state...

Usually, employers attach pay stubs to pay slips, but that's not the case when they make payments through direct deposits. Instead, direct deposit promotes ease and convenience. Employees can get their payment in record time for their needs. It's important to have your pay stubs. For one, it lets you know your actual pay and indicates whether the ...

A year has how many pay periods? When was the last pay period? When can you divide a month into three pay periods? You may have asked somebody the majority of these questions, or they are in your brain if you're a tiny company owner. There are many aspects of managing a business that need to be clarified. Payroll need not be that way. Your issues...

Creating fake pay stubs is quite popular nowadays; even the most naive people attempt this. But banks do not just hand over loans or mortgages once you show the fake stub. Instead, they verify your income before providing you with any facilities. And for that, they use different methods. In this era, many businesses use fake pay stubs to get l...

Have you ever noticed the 'FIT' on your pay stub and wondered what it is for? FIT stands for Federal Income Tax and is one of “the taxes on pay stub”. They calculate this tax based on your earning level and filing status. So invest time in acquainting yourself with a FIT, and you'll be on your way to financial success! FIT Tax You wil...

Whether you’re an expert or a beginner at paychecks, there’s a lot of jargon and technical terms you need to decipher. A paycheck stub abbreviation is a term or a code written in a payroll. Pay stub abbreviations and acronyms provide employees with a clean and easy-to-read format for their paychecks.   Although plenty of companie...

You're unique and there's an argument that your paycheck stubs should be unique as well. Customize Your Stub Our site allows you to make small changes that completely customize the look of your stubs. For instance, you can change the background on the stubs to a background with more lines, darker and lighter, and different paper textures. These ...