Blog
Explore our blog to discover everything you need to know about paystubs, W-2 forms, tax forms, and much more.
Do 1099 Employees Get Pay Stubs? In-Depth Explanation
Do 1099 employees get pay stubs? In most cases, the answer is no, but having these can be beneficial for record keeping and income proving.
Compensation vs. Payroll: Understanding Employee Earnings
Understanding compensation vs. payroll differences helps businesses attract and retain talent and comply with legal regulations to avoid fines.
International Contractor vs. Employee: Differences, Pros, & Cons
Considering hiring an international contractor vs. employee? Learn about the key differences, legal implications, and which option is best for your needs.
Paid in Arrears: Understanding How It Impacts Your Pay Stubs
The term "paid in arrears" refers to the practice of paying employees, contractors, and suppliers after they provided services or delivered goods.
W-2 Boxes: What Each One Means and How to Fill Them Out
W-2 boxes are codes that represent an employee’s financial information, such as income, taxes, and benefits on W-2 forms.
How to Correct 1099: A Guide to Fixing Tax Filing Errors
Need to fix errors on a 1099? Learn how to correct a 1099 form step by step, avoid penalties, and ensure accurate tax reporting.
Audit Documentation: Definition, Requirements & Best Practices
Learn the importance of audit documentation, its requirements, and best practices to ensure compliance, financial transparency, and smooth auditing.
Tax Evasion: What Happens if You Don’t Report Your Income?
Tax evasion is a form of fraud and a serious crime with severe penalties. Learn the different types, consequences, and how to comply with IRS regulations.
No Tax on Tips: Will This Proposal Benefit Tipped Workers?
What if your tips were 100% yours? Learn about the 'no tax on tips' policy, its impact on tipped workers, and how it could change payroll and tax reporting.
What Is Capital Gains Tax: How It Works and How to Reduce It
Learning the answer to the “What is capital gains tax?” question can help you understand how to manage profit from selling assets wisely.
8 Freelance Payment Terms and Tips for Managing Payments
Freelance payment terms refer to the conditions that apply to the payment sent for services provided, often set by the freelancer.
Invoice Payment Reminder: 4 Examples to Help You Get Paid
An invoice payment reminder is a type of message, usually an email, that is sent to inform a client to settle an unpaid invoice.
W-2 Reconciliation: A Step-by-Step Guide for Year-End Reporting
W-2 reconciliation is the process of comparing a business’ Form W-2s with their payroll records to verify the amount of withheld taxes.
W-2 Form vs. Last Pay Stub: A Complete Guide for Tax Filings
The differences between W-2 vs. last pay stub are in purpose, content, and timing, with the former used for taxes and the latter for tracking pay.
1099-K Form: What Freelancers and Businesses Need to Know
A 1099-K form is used to record payments received from third-party networks, such as payment apps, cards, and online platforms.
Payroll Year-End: A Comprehensive Guide for Small Businesses
Payroll year-end refers to the process of reviewing, calculating, and filing the necessary compensation and deductions for the year.
What Is Wage Garnishment & How it Affects Your Paycheck
A wage garnishment is a debt collection method in which a part of an employee’s monetary compensation is legally withheld from their account.
Payroll Reversal Explained: Causes, Process, and Best Practices
A payroll reversal is the process of requesting the deposit recipient’s bank to cancel the original transaction due to a mistake or oversight.
Payroll Cutoff Date: What Is It and Why Does It Matter?
A payroll cutoff date is the deadline by which employees’ salaries and deductions need to be calculated so that they’re processed by payday.
Living Paycheck to Paycheck: How to Regain Financial Stability
You can stop living paycheck to paycheck by creating a budget, lowering living costs, increasing income, and tracking your income & expenses.
Do International Students Pay Taxes in the US? Full Guide
The answer to the question, ‘Do international students pay taxes in the US?’ is yes. They must pay taxes on taxable income (wages, tips, etc.).
Duplicate Invoice: Meaning, Risks, and How to Prevent Them
Duplicate invoices occur when a company processes the same invoice twice, leading to financial risks, audit issues, low efficiency, etc.
Self-Employed Health Insurance Deductions: A Full Guide
Self-employed health insurance deductions refer to the amounts you can subtract from your tax returns to account for health-related expenses.
Business Tax Credits: How Do They Work and How To Claim Them
Business tax credits provide dollar-for-dollar tax liability reduction. Check out the most well-known tax credit types and how to claim them.
Form 941 Filing: Deadlines, Instructions, and Common Mistakes
Employers use Form 941 to report quarterly taxes deducted from their employees’ salaries—federal taxes, Medicare & Social Security, etc.
How to Get and Access Verizon Pay Stubs in 4 Easy Steps
A Verizon pay stub is a record of an employee’s earnings, including their income, deductions, and benefits for a specific pay period.
Pay Transparency: What It Is and Why It Matters for Businesses
Pay transparency is the process of sharing employee compensation details to promote fairness and reduce pay gaps due to discrimination.
How to File Taxes Without a W-2 Form: Step-by-Step Guide
Find out how to file taxes without W2. Check out substitute Form 4852 and alternative forms like 1099-NEC, Schedule C, and Schedule SE.
Invoice Fraud: What Is It, and How to Recognize and Prevent It?
Invoice fraud is an illegal practice that involves the use of fake or modified invoices to trick businesses into providing payment.
6 Retirement Plans for the Self-Employed: How to Save Smartly
Retirement plans for the self-employed allow solo contractors and small businesses with multiple employees to set aside funding for later years.
