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What Happens if You Don’t File Your W-2 Form?
Read this helpful and detailed guide on what happens if you don't file your W-2 form to avoid penalties and keep your tax obligations in check.
Is Unemployment Taxable? Tax Treatment on Unemployment Benefits Explained
Unemployment is taxable federally, locally, and state-wise, with the tax rates for unemployment varying per state and locale. Read to learn more.
Different Types of Paystub Paper [& How to Create Your Own]
The three most common types of paystub paper are standard printer paper, software-friendly paper, and business checks. Read to learn more.
What is Income Tax in the US? Definition, Types & Calculation
Income tax is a direct tax levied by the US government on regular income. It is a major contributor to sustaining the government's budget.
The Differences Between a Pay Stub and a Pay Slip
The distinction between a pay stub vs. pay slip primarily lies in the preferred regional use and the scope of payroll information in each document.
Non-Exempt vs. Exempt Employees: Differences Explained
Between non-exempt vs. exempt employees, the former are entitled to overtime pay and the minimum wage, while the latter are not.
What is Gross Income & How to Calculate it (w/ Examples)
Gross income is the total earnings before taxes and deductions. Net income results from applying taxes and adjustments to gross pay.
What is Prorated Salary and How to Calculate it [Full Guide]
Prorated salary is a percentage of an employee's regular pay determined by the work days or hours completed in a pay period.
Outstanding Payment Meaning & Strategies for Collecting Them
Outstanding payment is any unsettled amount in a client's invoice. Read this article to learn how to manage outstanding balances effectively.
What is Proof of Income: When It’s Needed & How to Show it
Proof of income is any valid document affirming a debtor's income and financial capacity to repay loans, afford rent, and buy a car or home.
What Happens if You File Taxes Late & How to Avoid It
Read this article to discover what happens if you file taxes late, including the possible penalties and fees that you must potentially settle.
What is Retro Pay? How to Calculate and Distribute It
Retro pay is a type of supplemental compensation given to employees as a result of discrepancies in their last paycheck. Read to learn more.
How to Develop & Explain Late Fee Invoice Policy to Clients
A comprehensive late fee policy requires customer-friendly invoice late fee wording and terms to describe the penalties for overdue payments.
How to Spot a Fake W-2 Form & What to Do About It
Read this article to learn how to spot a fake W-2 and find out the different steps you can take if you fall victim to any form of W-2 phishing scam.
What is a Down Payment Invoice & How to Generate It?
A down payment invoice is used to charge upfront payments and prevent potential losses in profit. Learn more in this article.
How to Make a Real Pay Stub Online: Comprehensive Guide
A real pay stub outlines the complete and correct details of an employee's gross and net salary, taxes, benefits, and contributions. Learn more.
Why Should You Use Real Pay Stubs Over Fake Paychecks?
Getting your loan approved and avoiding penalties and imprisonment are key reasons why using paystubs over fake paychecks is a must.
When and How do Banks Verify Pay Stubs & Your Income
How do banks verify pay stubs? Banks look out for rounded values, sloppy formatting, and missing tax and income details. Read to learn more.
What Can Happen If You Get Caught With Fake Pay Stubs?
Fake pay stub penalties include fines worth $1,000 to a maximum of $1,000,000 and 5 to 30 years in jail. Read this article to learn more.
Is it Illegal to Make Fake Pay Stubs?
Is it illegal to make fake pay stubs? Read this article to discover and learn the consequences of getting involved in fake pay stub scams.
What Are Fake Pay Stubs & How Can Employment Be Verified?
Fake pay stubs and employment verification are strictly screened and carried out by banks and landlords to prevent potential losses in their businesses.
The Complete Guide to Pay Stub Requirements by State
Paystub requirements per state differ in how employers make pay stubs accessible to their workers. Learn more by reading this article.
How to Add Commission to Your Pay Stub [Full Guide]
A commission pay stub records incentives or bonuses earned besides an employee's base pay. Read this article to understand how it works.
Purchase Order vs Invoice: Difference, Uses, Types, & Importance
Learn the difference between purchase orders vs invoices, and how they differ in use, legal implications, and content.
Where and How to Get a Pay Stub + How to Use It
Learn how to get a pay stub from your bank and your current or previous employer, and learn what you can use instead of pay stubs.
Quote vs. Invoice: Differences & When to Use Them
The main difference between a quote vs invoice is that quotes provide estimates, while invoices request payments.
Pro Forma Invoice: Meaning, Uses, Required Information & More
A pro forma invoice is a document that provides customers with the tentative details of their purchase. It differs from an invoice or a quotation.
What is a Receipt? [Definition, Examples, IRS Rules]
Define what is a receipt exactly and explore its importance, different classifications, and how the IRS regulates the use of receipts in filing taxes.
Everything You Need to Know About Electrician Invoices
An electrician invoice is a financial document that enables electricians to charge or request payment from clients in exchange for their services.
The Ultimate Independent Contractor Paystubs Guide [2024]
An independent contractor pay stub specifies the net and gross earnings, tax deductions, and hourly rate of a contractor for each project.
