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Bonus Tax Rate for 2023: 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 [2023]
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 2023
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 [2023]
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 [2023]
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!