Blog
Tax Accountant vs. CPA: Main Differences and Comparison
Tax accountant vs. CPA—roles that every business needs. Read our easy-to-follow article and learn about the key differences between the two!
Bonus Tax Rate for 2024: How the IRS Taxes Bonuses
Read this easy-to-follow article to learn more about bonus tax rates, which are awarded to employees, and how they are deducted!
What are Tax Brackets and How to Calculate Them [2024]
Tax brackets are composed of different taxable income ranges, each with corresponding tax rates. Learn how to calculate them in 2023.
Invoice Payment Terms—Definition, Examples & More
Invoice payment terms are a set of agreements between a buyer and seller that detail conditions specific to goods or service transactions.
What is a Journal Payroll Entry? The Definite Guide 2024
A journal payroll entry records a business’s transactions, liabilities, and expenses. Learn the correct way to create a journal payroll entry here!
Child Tax Credit: What It is and How to Calculate It 2023
Child Tax Credit is a type of payout designed to assist in regulating child-related expenses for families with 17-year-old or younger children.
What are Fake Pay Stubs and How to Spot Them Easily [2024]
Fake pay stubs contain false and inconsistent employment information. Read this article and learn how to detect them and stay protected.
What is a Tax Refund, How it Works, and How to Get It [2023]
Read this article and learn how to qualify for a tax refund, a reimbursement given to taxpayers who have overpaid their income taxes.
Withholding Tax 101: What It is and How to Calculate It
Withholding tax is the practice of paying taxes as income is received. Read our article and get all the information you need on this important tax!
Payroll Tax: The Ultimate Guide to Payroll Tax for 2023
Payroll taxes are Social Security, Medicare, and FICA taxes imposed on payrolls with employee paychecks and self-employed earnings.
What is an I-9 Form and How to Complete It [2024]
An I-9 form is used to verify an employee’s authorization to work in the US. Read this article to learn how to properly file and complete it!
The Ultimate Guide to Freelance Tax in 2023
Read this easy-to-follow article and learn about the scope and requirements of filing freelance tax as a self-employed contractor.
Sales Tax vs. VAT—Differences, Benefits, and Downsides
What are the key differences between sales tax and VAT? Learn all about their benefits and disadvantages, and find out how they're collected!
Sales Tax vs. VAT—Differences, Benefits, and Downsides
What are the key differences between sales tax and VAT? Learn all about their benefits and disadvantages, and find out how they're collected!
Everything You Need to Know About Tax Inclusive
Read this easy-to-follow article and learn more about tax inclusive, including how it is calculated and how it differs from tax exclusive.
Everything You Need to Know About Tax Inclusive
Read this easy-to-follow article and learn more about tax inclusive, including how it is calculated and how it differs from tax exclusive.
A Guide to Certified Payroll: History, Best Practices + Example
Certified payroll is a must for contractors hired by federal agencies. It is a form of compliance with key labor practices and regulations.
What is Gross Payroll & How to Calculate It [w/ Examples]
Learn and discover the definition of gross payroll, how it differs from net payroll, and how to calculate gross payroll across different pay cycles.
A Responsible Employer’s Guide to Payroll Liability
What is a payroll liability? Learn the different types of payroll liabilities, how to pay for them, and why it is crucial to track this payroll obligation.
A Responsible Employer’s Guide to Payroll Liability
What is a payroll liability? Learn the different types of payroll liabilities, how to pay for them, and why it is crucial to track this payroll obligation.
What is Payroll Burden & How to Calculate it in 2024
Payroll burden encompasses all payments or costs covered by employers. Learn how to calculate your payroll burden percentage here.
What is a Retainer Invoice & How to Make One in 2024
Read this article to learn more about retainer invoices, how to create them with an online generator and keep your business running smoothly.
The Meaning & Significance of Payroll Analysis [+Examples]
Read this easy-to-follow article and learn the significance of payroll analysis in employee retention, talent acquisition, and business growth!
The Ultimate Guide to Invoicing Clients in 2024
If you plan to issue a client invoice, make sure to read this step-by-step guide on how to invoice your clients the right way.
Group Term Life Insurance Payroll: 2024 Guide
Learn all about GTL payroll, how to calculate its premiums and taxable income, and why it is an excellent addition to employee benefits!
Payroll Cycle: Definition, Types & How to Choose One
Read this article to discover the definition and importance of a payroll cycle in your business and choose the best option for your employees.
How to Account for Advance Invoices w/ Examples
Read this article and find out what an advance invoice is and learn how it works, its benefits and disadvantages, and when to use them!
The Ultimate Guide on Sole Proprietor Payroll in 2024
Read this article and discover what it means to be a proprietor, what defines a sole proprietor payroll, and the financial responsibilities it entails.
The Ultimate Guide on Purchase Invoices [2024]
Learn the importance of creating purchase invoices, how they save you from legal disputes, and how to create them with an online generator!
How to Calculate Accrued Payroll in 2024 [w/ Example]
Learn the definition of accrued payroll along with its classifications, and how to correctly calculate it in 2024 like a professional.