Net terms are deferred payments that highlight flexibility in helping customers settle their payments in a timely manner. Read to learn more.
The minimum number of pay stubs needed for a car loan is at least two to three months' worth of your most recent pay slips. Read to learn more.
Read this helpful and detailed guide on what happens if you don't file your W-2 form to avoid penalties and keep your tax obligations in check.
Unemployment is taxable federally, locally, and state-wise, with the tax rates for unemployment varying per state and locale. Read to learn more.
The three most common types of paystub paper are standard printer paper, software-friendly paper, and business checks. Read to learn more.
Income tax is a direct tax levied by the US government on regular income. It is a major contributor to sustaining the government's budget.
The distinction between a pay stub vs. pay slip primarily lies in the preferred regional use and the scope of payroll information in each document.
Between non-exempt vs. exempt employees, the former are entitled to overtime pay and the minimum wage, while the latter are not.
Gross income is the total earnings before taxes and deductions. Net income results from applying taxes and adjustments to gross pay.
Prorated salary is a percentage of an employee's regular pay determined by the work days or hours completed in a pay period.
Outstanding payment is any unsettled amount in a client's invoice. Read this article to learn how to manage outstanding balances effectively.
Proof of income is any valid document affirming a debtor's income and financial capacity to repay loans, afford rent, and buy a car or home.
Read this article to discover what happens if you file taxes late, including the possible penalties and fees that you must potentially settle.
Retro pay is a type of supplemental compensation given to employees as a result of discrepancies in their last paycheck. Read to learn more.
A comprehensive late fee policy requires customer-friendly invoice late fee wording and terms to describe the penalties for overdue payments.
Read this article to learn how to spot a fake W-2 and find out the different steps you can take if you fall victim to any form of W-2 phishing scam.
A down payment invoice is used to charge upfront payments and prevent potential losses in profit. Learn more in this article.
A real pay stub outlines the complete and correct details of an employee's gross and net salary, taxes, benefits, and contributions. Learn more.
Getting your loan approved and avoiding penalties and imprisonment are key reasons why using paystubs over fake paychecks is a must.
How do banks verify pay stubs? Banks look out for rounded values, sloppy formatting, and missing tax and income details. Read to learn more.
Fake pay stub penalties include fines worth $1,000 to a maximum of $1,000,000 and 5 to 30 years in jail. Read this article to learn more.
Is it illegal to make fake pay stubs? Read this article to discover and learn the consequences of getting involved in fake pay stub scams.
Fake pay stubs and employment verification are strictly screened and carried out by banks and landlords to prevent potential losses in their businesses.
Paystub requirements per state differ in how employers make pay stubs accessible to their workers. Learn more by reading this article.
A commission pay stub records incentives or bonuses earned besides an employee's base pay. Read this article to understand how it works.
Learn the difference between purchase orders vs invoices, and how they differ in use, legal implications, and content.
Learn how to get a pay stub from your bank and your current or previous employer, and learn what you can use instead of pay stubs.
The main difference between a quote vs invoice is that quotes provide estimates, while invoices request payments.
A pro forma invoice is a document that provides customers with the tentative details of their purchase. It differs from an invoice or a quotation.
Define what is a receipt exactly and explore its importance, different classifications, and how the IRS regulates the use of receipts in filing taxes.