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Setting up a sound payroll system benefitting both employers and employees is an essential step in starting any business or company. Determining how and when your employees would receive their payments for work done is a necessity to handle your own payroll. This means that it is essential for you to understand basic paycheck terminology.   ...

For some, doing payroll for a small business is the least enjoyable part of the job. It could become tedious and costly if not done properly and efficiently.   Luckily, with these helpful 9 tips for your small business, running payroll for your employees would be easier, faster, more accurate, and more reliable than ever before. Set Up a Pa...

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...

Doing payroll manually can be time-consuming and frustrating, even if you run a small business. An analysis conducted a couple of years ago shows small business owners spend up to 5 hours every pay time. This is why opting for more efficient online payroll tools is important. What is Paperless Pay? Paperless pay is using an electronic payroll sys...

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...

Receiving direct deposits of your salary to your bank account or making automated payments is a useful and convenient payroll feature. It eliminates mistakes from repeated writing of your information on checks. This is where a voided check comes in handy.    Employers using pay stub generators to create their payroll may request a voide...

Are you still stuck on using a Microsoft Excel payroll spreadsheet to produce and manage your employees’ pay stubs? With all the complex calculations and features of excel sheets, you would think they are useful for your accounting needs. However, are they really essential and efficient to generate your company’s payroll?   Creat...

Most employees and sometimes even employers are confused as to what “YTD” or “Year to Date” means. Many are also dumbfounded on its importance when it comes to their pay stubs. A lack of knowledge on this topic may result in problems that may affect you both in the long term and short term.   YTD or Year to Date, with...

With over 100,000 employees, DG is among the largest companies in the country. So, it is most likely that a large number of DG employees get their pay stubs electronically. If you are a current or former employee of DG, you may get a copy of your pay stubs from either your store manager or the HR Department, or you can access them online via the D...

As a FedEx employee, it is critical to keep track of your earnings, deductions, and taxes through regular pay stubs. These documents provide helpful information about your earnings. In addition, employers can use employee pay stubs to settle tax-related issues. With a detailed pay stub, employees can come up with a detailed financial plan and dete...

Founded in 1883 by Bernard Kroger, The Kroger Co. has become one of the largest and most well-established grocery chains in the United States. Currently, there are more than 3000 locations spread across 35 states in the country. With a vision of "Zero Hunger, Zero Waste," Kroger serves more than eight million customers daily and has hired more tha...

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...

As the deadline for the annual filing of Form W-2 comes near, all employees need to prepare their tax returns before the income tax due date. You should be aware of where your tax documents are stored and if you have received them from your employer. When filling out Form 1040 (Individual Income Tax Return Form), you need a Form W-2 (Wage and Ta...