Blog Tagged with real check stubs

Pay Stub Examples from Real Check Stubs Generator

March 7, 2022

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 of i...

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Proof of Income: Everything You Should Know About It

February 18, 2022

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. This post will teach you what proof of ...

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What is SUTA? Tax Rates, Obligations, Calculations

November 24, 2021

Becoming an employer means taking on responsibilities such as running a payroll. These are responsibilities you need to fulfill towards 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...

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How to Calculate AGI (Adjusted Gross Income) from W-2

October 15, 2021

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...

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W-2 vs. W-4: What's the Difference and How to File?

October 4, 2021

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 W-4 form vs W-2, distinguishing one from another. It covers their differences in terms of purpose, who completes them, when the...

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What is a Self-Employment Ledger and Why It’s Important for You?

September 21, 2021

What is a self-employment ledger? Why is it essential for a self-employed individual such as yourself? How could you use it to verify your income and even document your expenses?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 ...

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S Corp vs C Corp - Detailed Comparison

August 27, 2021

Trying to decide between an S corp vs. a C corp when incorporating your business could be tricky without knowing the two business-type entities properly. If you also want to know more about a limited liability company, check our devoted article - Pros and Cons of an LLC.There is no one right solution for what is better when considering what structu...

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IRS Form 2553 Filing Instructions

August 25, 2021

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 is F...

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Top 13 Small Business Accounting Advice To Save Your Money

July 13, 2021

If you own a business or just about to start one, you may have probably realized rather quickly that there are tons of details to consider. Most small business owners do not have a background in accounting, making it overwhelming for them. However, they still have to learn its ins and outs if they want to succeed in their business.While there is a ...

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W-2 Wage and Tax Statement Form For Small Business

June 7, 2021

One factor that every small business owner should not overlook and treat as important as others is the wage and tax statement form, also known as the W-2 form. Each year by January 31, employers must send to employees these forms to file their income tax returns.W-2 tax forms demand attention when filing. Failure to submit on time and improper ente...

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Pay Cycle, Pay Day, Pay Period - What’s The Difference Between Them?

May 12, 2021

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.Read on to...

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Check Stubs For Renting Apartments – Why Is It Important

April 14, 2021

If you plan to rent out an apartment, there are a few ways for your future landlord to determine if you can pay rent on time. Checking your job status, credit history, and monthly and yearly income, they would be able to see if you are a viable candidate to fill their property. Many income verification documents could be used to assess renters.Here...

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Pay Stub with Voided Check - What You Need To Know

April 7, 2021

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 voided check fr...

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Fake Pay Stubs – Illegal Way of Doing Business

March 24, 2021

For many years, millions of people unemployed, receiving pay under the table, not paying taxes, and working off the books have created a new and widespread problem, the practice of making and using fake pay stubs. Every day numerous applicants try to use false documentation to present their income as sufficient to acquire home and car loans, credit...

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Pay Stub Abbreviations and Acronyms Decoding Tips

March 17, 2021

Whether you’re an expert or a beginner at paychecks, there’s a lot of jargon and technical terms you need to decipher. A pay 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 companies have adapted paperless pa...

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Online Stub Generator vs Pay Stub Template Excel

March 10, 2021

Are you still stuck on using a Microsoft Excel 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?Creating pay stubs requires numerou...

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