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Paystubs can be verified. When paystubs are used as proof of income and/or submitted with an application. It would reason that the recipient of this information has a method or system in place to verify the information that has been provided.   They do this to protect themselves and lower their default rates. When you look at it from the...

When you look at your paystub, you might wonder what the LTD under the benefits section means. LTD stands for "Long-Term Disability." It is a type of disability insurance that protects your ability to earn an income in the event you incur an injury or severe illness. Disability insurance provides income coverage after an elimination period for con...

When you consider changing the status of your corporation into an S corporation, you would need to familiarize yourself with IRS Form 2553. Becoming an S corporation allows you to enjoy tax benefits and returns and shareholder dividends. Use this guide to learn more about IRS form 2553 filing instructions on how and when to submit it.  What ...

As a small business proprietor, it is essential that you are involved in all aspects of your company, and thanks to available accounting applications and software, it is easier than ever to keep track of your business progress and growth. While accounting software has made recording and bookkeeping faster and easier for small business owners, you ...

Are you wondering, what does a paystub look like? A pay stub is a slip given to the employee and contains all the details of their gross pay, tax deductions, net pay, and voluntary and involuntary deductions. These basic details help an employee their net pay amount by the employer. You must provide proof of your income while seeking a mortgage or...

Pay stubs hold great pieces of information. This information serves as proof as well as a document for income details.  You will often find a pay stub law in most states that necessitate employers to provide pay stubs. Keeping your pay stubs is a great thing that makes future financial endeavors less complicated.  Whether you are an hou...

Both employers and employees have to make important calculations when it comes to payroll. After all, everybody wants to know how much they’re spending on salaries or how much they’re getting paid. And while these financials are very, very important, being accurate in calculating payments is far from easy. Whether you’re an empl...

It is good to understand how much taxes and deductions are, how they are calculated, and where they are going. While there are many deductions listed, one of the best places to start is by identifying the FICA on a paycheck stub.Here is everything you would need to help you understand what the FICA tax is for, why your employer withholds them and w...

Are you in the process of looking for a new apartment? Have you recently come across a place that you’d really like to call your new home? If that’s the case, you’ll have to go through a number of administrative steps with your potential new landlord. Landlords have the right to request numerous kinds of information before figuri...

Pay stubs contain essential information such as net and gross wages, taxes and deductions, benefits, and work hours. They also include essential data such as the names of employees, their employers, and addresses.   With that said, let us look at the answers to the questions on why and how long should you keep pay stubs. 5 Reasons for Savin...

Whether operating as a worker, employee, or independent contractor, specific terms are helpful to understand. Some of them include pay periods, check dates, and pay dates. Because when working in any business, an owner must be able to set up a payroll system that can accurately calculate and pay the workers while being able to explain the payment...

What Is Child Support On a Pay Stub? Child support is the proportion of funds endowed by one parent to the other for the financial upkeep of a dependent or dependents. The court typically orders this payment, but the two parents can also agree. Several factors determine the amount of child support one pays, such as the paying parent's income, the ...

What Is a Direct Deposit Pay Stub Template Pay stubs contain the summary of an employee's earnings and deductions. Typically, the pay stubs of individual employees are generated by the employer. This official document allows employees to see how much they earned and how much has been deducted from their payments in a period. Therefore, generating...

Manually preparing pay stubs or generating them through a third-party service is easy. But of course, that might exceed your budget.The QuickBooks finance application is able to integrate payroll as a part of its feature set. This allows you to track and manage your company's payroll from the program's interface.Printing a pay stub along with an em...

Tracking down your pay stubs from a job you had years ago can be difficult. However, there are steps you can take to get the pay stubs you need. With some effort and persistence, you can find the documents you need from a previous employer. Read on to learn how to get pay stubs from a previous employer after years of separation. How To Get Pay Stu...

  Payroll management is a critical aspect of running a business, and choosing the right payroll software can streamline your processes, save time, and ensure accuracy and compliance.   There are several types of payroll software that suit businesses of different sizes that operate with different levels of complexity. Among the must-hav...