Calculating federal tax deductions and withholdings can be complicated without the help of a tax deduction calculator or payroll software. However, once you understand the required forms and methods ...

Payroll accruals are sums that your business owes to workers for hours they have worked. Because few companies pay employees immediately, there is usually a lag time between the end of a pay period ...

It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. The crux of the payroll function is to pay employee’s wages accurately. Payroll ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. Typically, this is represented quarterly with each earnings report ...

New rules to PPP Loans means changes in calculating payroll costs, and thus the amount of loan forgiveness. Jernej Furman/Flickr It only took them a couple of weeks, but the SBA just released further ...