Blog
Explore our blog to discover everything you need to know about paystubs, W-2 forms, tax forms, and much more.
Sales Invoices Explained and How to Make Them Effortlessly
A sales invoice is an essential document that sellers send to customers to request payment for goods purchased or services rendered.
Most Common Tax Write-Off Examples for 2024
What are some tax write-off examples? Read this article to learn about these expenses deducted from a company’s annual taxable income.
Federal Insurance Contributions Act (FICA): 2024 Guide
FICA tax is mandatorily paid by employers, employees, and self-employed individuals to help fund Social Security and Medicare programs.
Your Quick & Easy Guide to Medicare Tax [2024]
Medicare tax is a payroll tax imposed on employees, employers, and self-employed individuals to fund the US Medicare health system.
How to File for a Tax Extension in 2023
A tax extension provides an extended timeframe for you to file your taxes. Read this article and learn the requirements for filing a tax extension!
Everything You Need to Know About Self-Employment Tax
Find out all about self-employment tax, a type of tax that freelancers, contractors, and various businesses pay with their net federal income.
Bill vs. Invoice: What are the Key Differences?
Bill vs. invoice—can you tell the difference? Read this blog to expand your knowledge and learn how to distinguish an invoice from a bill.
What is a Vendor and How do Vendors Work? [w/Examples]
What is a vendor? A vendor sells a variety of goods and services to customers, fellow vendors, and even businesses and profits from it.
Tax Accountant vs. CPA: Main Differences and Comparison
Tax accountant vs. CPA—roles that every business needs. Read our easy-to-follow article and learn about the key differences between the two!
Bonus Tax Rate for 2024: How the IRS Taxes Bonuses
Read this easy-to-follow article to learn more about bonus tax rates, which are awarded to employees, and how they are deducted!
What are Tax Brackets and How to Calculate Them [2024]
Tax brackets are composed of different taxable income ranges, each with corresponding tax rates. Learn how to calculate them in 2023.
Invoice Payment Terms—Definition, Examples & More
Invoice payment terms are a set of agreements between a buyer and seller that detail conditions specific to goods or service transactions.
What is a Journal Payroll Entry? The Definite Guide 2024
A journal payroll entry records a business’s transactions, liabilities, and expenses. Learn the correct way to create a journal payroll entry here!
Child Tax Credit: What It is and How to Calculate It 2023
Child Tax Credit is a type of payout designed to assist in regulating child-related expenses for families with 17-year-old or younger children.
What are Fake Pay Stubs and How to Spot Them Easily [2024]
Fake pay stubs contain false and inconsistent employment information. Read this article and learn how to detect them and stay protected.
What is a Tax Refund, How it Works, and How to Get It [2023]
Read this article and learn how to qualify for a tax refund, a reimbursement given to taxpayers who have overpaid their income taxes.
Withholding Tax 101: What It is and How to Calculate It
Withholding tax is the practice of paying taxes as income is received. Read our article and get all the information you need on this important tax!
Payroll Tax: The Ultimate Guide to Payroll Tax for 2023
Payroll taxes are Social Security, Medicare, and FICA taxes imposed on payrolls with employee paychecks and self-employed earnings.
What is an I-9 Form and How to Complete It [2024]
An I-9 form is used to verify an employee’s authorization to work in the US. Read this article to learn how to properly file and complete it!
The Ultimate Guide to Freelance Tax in 2023
Read this easy-to-follow article and learn about the scope and requirements of filing freelance tax as a self-employed contractor.
Sales Tax vs. VAT—Differences, Benefits, and Downsides
What are the key differences between sales tax and VAT? Learn all about their benefits and disadvantages, and find out how they're collected!
Everything You Need to Know About Tax Inclusive
Read this easy-to-follow article and learn more about tax inclusive, including how it is calculated and how it differs from tax exclusive.
A Guide to Certified Payroll: History, Best Practices + Example
Certified payroll is a must for contractors hired by federal agencies. It is a form of compliance with key labor practices and regulations.
What is Gross Payroll & How to Calculate It [w/ Examples]
Learn and discover the definition of gross payroll, how it differs from net payroll, and how to calculate gross payroll across different pay cycles.
A Responsible Employer’s Guide to Payroll Liability
What is a payroll liability? Learn the different types of payroll liabilities, how to pay for them, and why it is crucial to track this payroll obligation.
What is Payroll Burden & How to Calculate it in 2024
Payroll burden encompasses all payments or costs covered by employers. Learn how to calculate your payroll burden percentage here.
What is a Retainer Invoice & How to Make One in 2024
Read this article to learn more about retainer invoices, how to create them with an online generator and keep your business running smoothly.
The Meaning & Significance of Payroll Analysis [+Examples]
Read this easy-to-follow article and learn the significance of payroll analysis in employee retention, talent acquisition, and business growth!
The Ultimate Guide to Invoicing Clients in 2024
If you plan to issue a client invoice, make sure to read this step-by-step guide on how to invoice your clients the right way.
Group Term Life Insurance Payroll: 2024 Guide
Learn all about GTL payroll, how to calculate its premiums and taxable income, and why it is an excellent addition to employee benefits!
