In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...

Whether you work a job where you are paid hourly or through an annual salary, how much you earn can be described as either net or gross pay. Understanding the difference between net pay and gross pay ...

Tax season is nearly upon us. For some, it may be your first time filing taxes. And even for those who have filed for years, taxes are not always the easiest task to tackle. Here's what you should ...

An AICPA-led small business funding coalition, in conjunction with the National Payroll Reporting Consortium, issued a statement supporting the use of gross payroll based on 2019 data in calculations ...

The Federal Insurance Contributions Act, or FICA, has two components: Social Security and Medicare. The Internal Revenue Service has statutory authority to collect both taxes. Both the employer and ...

Click cell "D1" and type "Total Hours." Press the "Enter" key. Click cell "D2" and type the total hours of the first employee. Continue entering each employee's total hours in column C. Click cell "E2 ...

For individuals, your gross income is the total amount of earned income that you can find on your paycheque before any taxes and deductions are taken off. It considers all sources of income from your ...

The concept of adjusted gross income is intimidating to many people, especially given how long and complex tax returns have gotten. Yet if you're like millions of Americans whose sole source of income ...

This is the gross pay for the pay period before any deductions, including wages, tips, bonuses, etc. You can calculate this from an annual salary by dividing the annual salary by the number of pay ...

This is the gross pay for the pay period before any deductions, including wages, tips, bonuses, etc. You can calculate this from an annual salary by dividing the annual salary by the number of pay ...