Blog
Explore our blog to discover everything you need to know about paystubs, W-2 forms, tax forms, and much more.
Client Won't Pay Invoice: 7 Strategies to Recover Your Money
If a client won't pay an invoice, you should politely remind them before sending a final notice or escalating the situation with legal action.
How to Get CVS Pay Stubs: The Complete Guide
Learn how to access your CVS pay stub online as a current or former employee. Track your earnings, taxes, and deductions with ease.
How to Stop Impulse Buying: 4 Tips to Take Control of Spending
Learn how to stop impulse buying, what commonly triggers this behavior, and what consequences it can have on your finances.
Personal Bankruptcy: Your Complete Guide to Financial Reset
Personal bankruptcy allows you to erase most of your debt and get a financial rest, but there are some immediate and long-term consequences.
Shift Differential Pay: How It Impacts Your Pay Stub & Taxes
Shift differential pay is bonus compensation employers offer for the inconvenience of working non-traditional hours, like nights and weekends.
Independent Contractor vs. Self-Employed: Complete Guide
Understanding the independent contractor vs. self-employed similarities and differences can help you choose the best business option for you.
The Importance of Proof of Income for a Car Loan
Having multiple relevant and up-to-date documents as proof of income for a car loan maximizes your chances of getting approved by lenders.
How Overtime Is Shown on a Pay Stub (And Why It Matters)
Overtime on a pay stub is a specific item in the 'earnings' section outlining the rate, hours, and pay needed for the employer's extra work.
Independent Contractor vs. Employee: Key Differences Explained
The difference between an independent contractor vs. employee is in how much control the client or employer has over the professional's work.
Penalty for Employers Not Sending a W-2: Fines & What to Do
A penalty for an employer not sending a W-2 form is usually a fine, with the amount increasing with the length and the severity of the offense.
Freelancer vs. Independent Contractor: 5 Key Differences
Discover the crucial differences between freelancers and independent contractors, how they affect your taxes, client relationships, and more.
What Is an ITIN? A Full Guide to Applying & Using It for Taxes
Understanding what an ITIN is helps you apply for this number at the IRS to file taxes, get refunds, apply for bank accounts, and more.
Payroll Card vs. Direct Deposit: Pros and Cons of Each Method
Choosing between a payroll card vs. direct deposit depends on the type of workforce a business has and its access to the banking system.
How to Pay International Contractors: 6 Methods Explained
Discover secure, cost-effective ways to pay international contractors. Learn about tax compliance, payment methods, and best practices for global hiring.
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.
