Working as a freelancer or independent contractor can be challenging. You have to juggle client needs and provide a great product or service. Contractors must also carefully review their business records, in order to file an accurate tax return. This article explains the difference between independent contractors and employees, and reviews the 1099 form. You’ll […]
Learn the 4 most common mistakes people make when creating paystubs and how to avoid them for accurate and compliant payroll records.
Payroll is the most complex task your business must complete. If you understand each step in the process- and use technology- completing payroll will take less time. This article explains the differences between independent contractors and employees, and the key information you need to process payroll. You’ll review an example of calculating payroll, and the […]
Understanding pay stub codes and deductions is key to accurate payroll management. Learn how to create precise pay stubs and ensure compliance with tax laws.
Confused about payday, pay period, and pay cycle? Learn how they impact payroll, tax deductions, and your pay stub to stay on top of your earnings.
Millions of people work as freelancers or independent contractors. If that definition applies to you, you’ll file taxes as a 1099 worker. The process of filing your personal tax return is different from the steps needed to file as an employee. This article defines independent contractors, explains Form 1099-NEC, and provides the steps you need […]
The Employee’s Withholding Allowance Certificate (Form W-4) is a form that the federal government requires employees to fill out when they are newly hired. Information submitted on the form lets employers know how much salary to withhold from a paycheck for federal tax purposes. Workers should complete a new W-4 if they have any major […]
Discover how to create a paystub and break down each part of wage calculation—from gross pay to taxes and net pay—with clear examples and tips.
Learn what essential information you need before creating a paystub. Simplify your financial documentation and stay prepared with tips for accurate, professional records.
Whether you work as an employee, or a freelancer, you must work with Form W-9. A W-9 is used to request the taxpayer tax identification number (TIN) of a US person, and to certify that the number is correct. Your TIN is either your Social Security Number, or your company’s Employer Identification Number (EIN).
