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Escaping the Payday Loan Trap
Getting caught in the payday loan trap is common In today's economy. With gas prices approaching $4.00 per gallon, food prices rising at record rates and health insurance costs rising as much as 20 percent in one year, there is one relatively new...
13 commentsEntry Level Payroll Jobs
If you are considering looking for payroll jobs you may be surprised to find out how easy it is to get into the payroll job profession with little experience. Payroll jobs are also always going to be available...
4 commentsPaychecks
Quite simply, a paycheck is money for work given to an employer. Most companies pay their employees bi-weekly or monthly. A common practice is to pay your employees every other Friday or end the pay period...
0 commentsBookkeeping and payroll classes
Bookkeepers are financial record keepers that are in charge of organizing and tracking the finances of a business or corporation. A bookkeeper is in charge of keeping records of where the money comes from, where it goes, and what money is left over....
1 commentWhat are the Tax Advantages of Forming an S-Corporation & How do I Form an S-Corp?(IRS Form 2553)
In an S-Corporation, only earnings actually paid out to an owner as compensation for services are subject to payroll taxes. Any money left in the business for reinvestment or distributed to the shareholder as a dividend is not subject to payroll...
6 commentsPayroll Laws
Payroll laws are pretty confusing as they are consistently being updated. It is necessary to follow the payroll laws as defined by the federal and state law taxes. Many of the payroll laws are complex and require help from professionals who...
4 commentsHow Child Support Is Calculated On Your Pay Check
Wondering where the child support calculator is? Here is the formula for calculating how much child support garnishment should be taken out of your paycheck.
158 commentsPayroll processing
So you have your own business and you have hired some employees, now how do you start processing payroll? There are several things that need to be included in payroll. First, you need to determine how much you are going to pay each employee. Second,...
1 commentHow Federal Payroll Taxes Are Calculated On Paycheck
Each paycheck you look at see a high amount of taxes being taken out. Here is the scoop on how much Federal Payroll Tax is being taken and where it is going.
14 commentsPay slips and Pay stubs
On payday, you typically will get a paystub or payslip from your employer. The paystub or payslip is a document that informs the employee that their paycheck has been deposited into their account via direct...
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