Blog
Self-Employed Invoice Explained and How to Create It Easily
A self-employed invoice is used to enumerate the services and hours completed by a free agent to fulfill a project or a client's request.
Tax Loopholes for All Classes That Could Save You Big Bucks
Read this article and learn all about tax loopholes, discrepancies in taxation rules that reduce the tax rates of a person or entity.
How to Calculate Tax Provision | Meaning, Examples, and More
Tax provision is the estimated amount of taxable income that a business has to pay to federal, state, and local authorities within the current year.
Pretax Income [2024 Guide]: Examples, Formula, and Benefits
Pretax income is the net earnings of a company before taxes. It is useful in assessing a business's financial health and pricing power.
Are Invoices Contracts? Explanation and Main Differences
Are invoices contracts? Read this easy-to-follow article and learn the differences between these two different yet often mixed up documents!
Definition and Breakdown of Dividend Tax Rates for 2024
Discover the difference in imposing dividend tax rates for qualified and ordinary dividends and get tips on how to regulate your dividend taxes.
What is Employee Retention Credit and How Do You Claim It?
Learn all about the employee retention credit (ERC), a payroll tax credit created as a relief measure for small businesses affected by COVID-19.
What is Accounts Receivable Aging & How to Calculate It?
Accounts receivable aging arranges your business's receivables based on the payment due date for each invoice issued to your customers.
Payroll Reports Explained: Types, Benefits & More
Learn more about payroll reports, integral parts of a company's tax obligations, financial management, and employee retention processes.
What is a Purchase Order, Who is It For, and How Does It Work?
A purchase order is a formal and legally binding document issued by buyers to sellers whenever they want to purchase goods and services.
What are Business Days? Business Day Definition and More
Business days are the regular working days when companies and establishments operate and carry out their services for their target customers.
How Long Should You Keep Pay Stubs? A Detailed 2024 Guide
Do you know how long you should keep pay stubs? Read this article to learn how to adequately and safely store and discard old pay stubs.
Real Check Stubs vs. Fake Ones—How to Recognize Them
Real Check Stubs vs. Fake Ones—How to Recognize Them
What is Tax Exemption and How to Become Tax Exempt
A tax-exempt taxpayer or organization is one who is excluded from paying federal income taxes or other types of state and local taxes.
What is a Progressive Tax? Definition and Examples [2024]
Read about progressive tax, which imposes a higher tax percentage on high-income taxpayers and lower tax rates on low-wage households.
401(k) Tax Return: Withdrawal & Deduction Implications
401(k) retirement plans require account holders to reach at least 59.5 years of age before funds can be withdrawn to avoid penalties.
K-1 Tax Form Explained: What is It and Why is It Important?
K-1 tax form is used by partnerships, S-corporations, trusts and estates, and LLCs to report income and losses and file their annual tax returns.
Payroll Deductions Explained: How They Work + Various Types
A payroll deduction is money withheld from an employee’s salary to account for taxes, contributions, and certain benefits.
Tax Benefits, Types, and IRS Rules Explained
Learn more about tax benefits, which are any federal, state, or local rules established to significantly reduce tax liabilities.
What is a Pay Period? Pay Period Definition and Examples
A pay period refers to either the weekly, bi-weekly, semi-monthly, or monthly period that helps determine an employee's gross and net earnings.
Main Advantages of Using a Paystub Generator | [2024] Guide
The advantages of using a paystub generator include high data accuracy, professional-looking documents, and federal and state compliance.
The Essential Guide to Keeping Paycheck Records in 2024
Learn how to keep paycheck records to ensure you comply with federal and state regulations and operate your business legitimately.
What are Tax Deductions? Definition and Common Examples
Read this article and learn about tax deductions—specific items you can discount from taxable income to effectively manage tax obligations.
The Ultimate Guide to Understanding Paystub Abbreviations
Read our guide and learn how to decipher the abbreviations you see on your pay stub and find out how to make this key document hassle-free!
Take Your Business to the Next Level With Paperless Pay Stubs
A paperless pay stub is the digital version of print-based paychecks. Read this article to learn how it benefits you and your employees.
Commercial Invoice Explained: What It is and How to Make One
Commercial invoice is a key document required from sellers exporting goods internationally. Read this article and learn how to create one!
Direct Deposit Pay Stub | What is It and How to Get It?
A direct deposit pay stub is a type of paycheck that is electronically transferred by employers into their employees' bank accounts.
How to Read a Pay Stub Like a Pro in 2024
Read this article to learn how to identify all the information declared on your pay stub and assess any discrepancies in your regular salary.
How to Create Pay Stubs for Apartment Without a Hitch
Pay stub for apartment is a key component in your home rental application process because it attests to your financial capacity to afford rent.
What Does a Pay Stub Look Like? The Ultimate Guide [2024]
What does a pay stub look like, and what should it contain? Find the answers with zero effort in this know-it-all guide!