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Gross pay vs net pay is one of the most common topics that employees, self-employed individuals, and sometimes freelancers need to understand on their paystub. Learning more about them could help you better comprehend your compensation, potential tax liabilities, and buying power.What Is Gross Pay?The gross pay on paystub is the total amount of mon...

Every time you receive your check stub, you might ask yourself the questions, "What is FICA on my paystub?" "What are all the deductions listed, and are they necessary?" "What does FICA mean on my paystub?" You are not alone when asking yourself these questions. Many employees and self-employed individuals also wonder the same things.It is good to ...

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...

Finding the right and trustworthy real check stub generator is an essential element of processing or running payroll for your employees. For small businesses without a partner payroll processing company, you might find yourself doing payroll manually. This includes accurately calculating employee hours and pay, providing employee and employer ident...

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...

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 this helpful advice for your small business, running payroll for your employees would be easier, faster, more accurate, and more reliable than ever before.Set Up a Payroll SystemS...

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...

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...

As an employee or employer, you might be asking yourself how long to keep pay stubs and why you should save pay stubs. Is there any reason or purpose that you should hold onto them? What would you do with them if you decide to discard check stubs?Pay stubs contain essential information such as net and gross wages, taxes and deductions, benefits, an...

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...

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...

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...

Professional tools, such as pay stub generators, always come in handy when the time comes for payroll or taxes. These online creators produce check stubs summarizing almost everything there is to know in an employee's salary from gross to net pay. One such item usually stated and not to be overlooked is overtime pay. A pay stub generator with ...

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 regards to pay stubs, refer to em...

As a freelancer, have you ever tried to request a loan from a bank only to be turned away because you could not provide proof of income? Being your own boss certainly comes with many advantages as you only answer to yourself, you could pick your schedule, and you are no one's employee. However, you may wonder how to create pay stubs if self-employe...

Online salary slip maker Reak Check Stubs with its array of features such as its pay stub template for 1099 employees and employee payroll calculator could give you a huge advantage when it comes to making your job of issuing pay stubs easier. They are one of the must-have tools in a business owner’s arsenal to give him or her the edge when it come...