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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...
As a business owner and an employer, you’re required to stay up to date with changes introduced by the Social Security Administration (SSA). In 2023, SSA has changed a couple of things that pertain to paystub generation. The administration has outlined some of the key changes here.To make the task of paystub generation easier, we’ve summarized the ...
How far do employer responsibilities extend when it comes to child support deductions and getting those reflected on a paystub? The answer to that question depends on several factors. Most importantly, your decision will be based on whether you’ve received an income withholding order. That document obliges employers to deduct a certain amoun...

Pay stubs have been certainly a must-have for every company, as they make it easy to manage and organize, are difficult to fake out, and are very easy to make. This article covers all the best pay stub generators for free. What Is a Pay Stub? Pay stubs are items in employee records. The report also covers any earnings for specific periods (work h...

Pay stub generators have become essential in every company, making people want to use paycheck stubs more and more over time. Old paper methods quickly become messy and unusable, so this article teaches you how to create a pay stub online, information about Net pay, fake pay stubs, and more! Best Paid Pay Stub Generator Websites There are plenty ...
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...
Pay stub examples vary on purpose and information to be shown. Different templates are available, but it’s better to make your own from our Real Check Stubs generator! A pay stub or check stub is a document an employer gives to employees or a self-employed individual highlighting their earnings in a given period. It can be used as proof...
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...
If you’re a newly-hired employee and have just gotten your pay stub, reading it might seem confusing. This post will help you learn how to read a check stub and its essential parts and how to use it for your taxes. If you’re an employer, you’ll also find a real check stubs generator at the bottom of the post to quickly make...
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 ...
Becoming an employer means taking on responsibilities such as running a payroll. These are responsibilities you need to fulfill for your employees, and one of those responsibilities is withholding certain payroll taxes, such as the State Unemployment Tax Act (SUTA). Ensuring that your business complies with government regulations every year with t...
As a business owner who employs workers and staff, you need to understand the compliances and various responsibilities that come with contributing to Federal Unemployment Tax Act or FUTA. This article covers the topics you need to get to know FUTA taxes better. You will also discover calculations, 2023 rates, and credits. But before, we recommend...
When filing your tax return, you would always spot a column to figure out your adjusted gross income, or more commonly known as AGI. This is a crucial step in calculating and arriving at your taxable income and tax liability for a given tax year.Knowing how to calculate AGI from W-2 form is an essential skill every taxpayer should possess. As a non...
IRS forms W-2 and W-4 both have to do with employers and their employees. However, the difference between W-2 and W-4 forms lies in how they function and who should fill out and complete the documents.This article explains the W-4 form vs W-2, distinguishing one from another. It covers their differences in terms of purpose, who completes them, when...
One dilemma that many self-employed individuals face is the burden of proof of income, especially when applying for loans or claiming benefits, and even paying taxes. This is where a self-employment ledger comes into play. This article would help you understand self-employment ledgers and their use for your business. What is a Self-Employment Led...
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...
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