Starting a business can be really exciting. Starting an LLC grants you peace of mind and control. Shielding personal assets from business debts, granting operational flexibility, and unlocking tax advantages. But, an important step in making your LLC strong and legal is creating a good LLC Operating Agreement. Crafting a robust LLC Operating Agreement is […]
Filing your tax forms correctly and on time is essential to avoid costly Internal Revenue Service (IRS) penalties. The W-2 wage and tax statement is one of the most common documents that need to be filed by employers for each of their employees. Failing to do so can be damaging—both financially and to your professional […]
Portable document format (PDF) is a popular way to create and share documents electronically. PDFs are ideal for sharing important and official information, because the document preserves its original format and layout across platforms and devices. However, it can be a bit tricky to edit a PDF online when you need to—especially if you’re not […]
Although editing a paystub isn’t usually necessary, it happens more often than many employers may think. From minor mistakes to crucial adjustments, there are many instances that may require employers to modify employee paystubs. However, it’s important to follow the proper procedures to ensure you comply with tax laws and regulations. In this article, we’ll […]
With the inclusion of the 1099-NEC tax form, the Internal Revenue Service (IRS) has changed how business owners and other taxpayers file for certain types of income and taxes. In the past, the 1099-MISC form was used to report income for independent contractors. Now the 1099-NEC is the new kid on the block and has […]
Learn what Year-To-Date (YTD) means on your pay stub, including how it tracks earnings, taxes, Social Security, health insurance, and retirement contributions. Stay informed about your finances!
Not sure how long to hold onto your pay stubs? This guide breaks down the importance of pay stubs, how long to keep them, and the best ways to store or securely dispose of them. Keep your financial records organized and stay ready for tax season, loan applications, and more.
There are over 800 different Internal Revenue Service (IRS) tax documents in the United States. At the end of the tax year, it’s essential that you understand which forms apply to you and how to fill them out correctly. Two of the most common tax documents are Forms W-9 and W-4. Due to their similarities, […]
Decode the mysteries of your paycheck stub with our definitive guide! Learn how to understand common abbreviations, track your earnings, deductions, and YTD totals, and ensure your paychecks are accurate.
If you’re not prepared, tax filing deadlines can catch you off guard. Missing important tax dates can be frustrating and even lead to late penalties. The easiest way to avoid this is to take some time and save each relevant tax filing deadline to your calendar. We’ve put this article together to make it easier […]
