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  Payroll is a cumbersome part of running any business. Timeliness and accuracy are critical. Whether you're self-employed or working for someone else, having an accurate record of your income is crucial. A pay stub will give you all of your paycheck details in one glance - gross pay, net pay, taxes withheld, and other information that you n...

Pay your SUTA and FUTA taxes

  SUTA and FUTA are acronyms for federal and state unemployment taxes. SUTA is an abbreviation for the State Unemployment Tax Act, while FUTA is an abbreviation for the Federal Unemployment Tax Act. SUTA and FUTA taxes are meant to fund unemployment benefits for eligible workers who have been laid off. &nbsp...

Withholding taxes and other deductions from an employee's paycheck can be complicated for business owners. You are responsible for ensuring that the right amount of money is withheld from each paycheck and sent to the appropriate government agencies. If you make a mistake, it could cost you and your business money in penalties and interest.While ma...

For a business to thrive and remain relevant in today's world, business owners and stakeholders must put their best foot forward. One of the ways to ensure your business is always ahead is by optimizing operations and workflows. Operational inefficiencies can stump business growth, therefore companies of all sizes and types would benefit greatly a...

Top 25 Independent Contractor Jobs that Pay Well in 2024 With the expansion of "gig economy companies," more and more individuals seek opportunities to work as independent contractors. Yet, what precisely are "freelance" occupations? What are the upsides and downsides of working in this field? In addition, what are the most effective methods for ...

The world is beyond manual payroll for businesses and firms. You can now manage and implement new payroll systems from your home. Interestingly, the best payroll services allow you to monitor payments for employers and employees globally. Most companies limit themselves to payroll services that offer automated features, payment options, live suppo...

A paystub generator is a web-based application that gives individuals and other entities involving business the ability to generate and print paystubs that have a polished and expert appearance. The latter is a document that details the earnings of the employee as well as any possible deductions that were taken from their paycheck for a particula...

Maintaining accurate and transparent payroll records is crucial for both employers and employees. One essential document that ensures transparency and compliance with labor laws is the paystubs, or check stub. This document provides detailed information about an employee's wages, deductions, and other relevant information.  To avoid legal iss...

Whether you're an employee or an employer, you’ll sooner or later face the paystub as an important payroll document. Employers must provide paycheck stubs, but what if you're self-employed? It can be hard to keep track of your hours worked and wages earned. A pay stub not only helps you stay organized, but it is proof of your earning Self-em...

After the fun and excitement of the holiday season fades and the new year dawns, the next big thing every American gets indulged in is taxation. Filing for tax returns is an essential but gruesome process. Typically, the employers send W-2 forms to the employees. But if you haven't gotten your W-2, what should you do? You can use your last pay stub...

Do you lost your pay stub and are wondering where to find it? Well, don't worry. There are plenty of other ways to get a copy of your pay stub, and here are some of them. Your paycheck stub can be easily accessed online from your payroll department, human resources department, and many others. Every employee needs to keep track of their pay stubs....

What is a PayStub? A paystub or paycheck stub is a piece of document an employer gives to their employee or a self-employed individual that outlines the details of how much earnings an individual makes within a pay period or service contract. These slips provide a breakdown of financial statements, including hours worked, wage rate, gross and net ...

Having a valuable skill set opens up several contractual business opportunities in organizations without being permanently employed by them. Self-employment has many perks, but it's not without disadvantages, like not getting pay stubs from employers. This is because contractors work under agreements and are not necessarily full-time staff of an o...

As a small business owner or contractor, you have probably experienced the frustration of paperwork and payroll. Your staff needs documentation to prove they have been paid and most payroll companies require you to jump through hoops you couldn't dream of. There has to be an easier way to handle payroll. Contractors are paid in cash in most cases...

Proof of income is what you can use for applying for loans, rent, aid, and insurance. This helps mortgage companies, landlords, and agencies to know that you can pay them on time. Whether you’re self-employed or you work for someone else, you’ll have proof of income documents to use for different applications.  What is Proof of I...

What requirements do you have to keep in mind when creating paystubs for employees? Federal? Local? The answer to that question depends on where your business operates.   Pay stub requirements vary from state to state. While some parts of the US have very particular legal instructions about what to feature on such documents, other parts of t...