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94Unemployment 2009: A Change for the Better?
Our country is starting a new year. Barrack Obama is our new president. Although he cannot change things overnight, like his campaign promises stated, will this be a year for change? At the beginning of...
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95Payroll 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...
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89Escaping the Payday Loan Trap
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 industry...
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86How 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.
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87Paychecks
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...
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86Understanding How Federal Payroll Tax is Calculated On Your 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.
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84What 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...
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80Payroll tax
Every employer is required to withhold payroll taxes on behalf of their employees. As an employer, you are responsible for withholding federal, state, and local taxes. You must also withhold Social Security...
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84Payroll
Payroll refers to the payment to all your employees. Payroll includes the following: deductions, bonuses, wages, salaries, and all the other financial records of a company. Most companies have various kinds...
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89Pay 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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