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Showing posts with the label online pay stubs

Wage Updates for 2018

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 With the end of holidays and beginning of the New Year, we need to keep various tax updates in mind. Following is the information that you need to know regarding minimum wage updates: Currently the federal minimum wage is $7.25/hour. This rate is consistent since July 2009 and is expected to remain same in near future. Number of states has altered their minimum wage for year 2018 . Some will be in action with the beginning of January while others will come into action from middle of the year. Below is the list of minimum wage update for each state which will come into effect from January 1, 2018 Alaska: $9.84. Arizona: $10.50. California: $11.00 for employers with 26 or more employees; $10.50 for employers with 25 or fewer employees. Colorado: $10.20. District of Columbia: $13.25, effective 7/1/18. Florida: $8.25. Hawaii: $10.10. Maine: $10.00. Maryland: $10.10, effective 7/1/18. Michigan: $9.25. Minnesota: $9.65 if employer’s annual gross volume of sales ...

Filling out a 1099 Form

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Did you ever have the need to fill out a 1099 form? If you are a sole proprietor of your business or if you are self-employed, as a small business owner, you need to be aware about 1099 form. If you are completely unaware about it or have ignored it at a great extent then you should start reevaluating your tax dues. All payments except the ones paid to your employees needs to be reported to the Internal Revenue Service (IRS) every year. All these revenues should be reported to the government quarterly by all business owners. Tax cannot be chopped off completely. For fulfilling your tax obligations, one needs to submit 1099 form and submit it to IRS. This article provides the simplest understanding of filling out 1099 form in a step by step procedure. What is a 1099 Form? Entrepreneurs must present a yearly 1099 tax form for every self employed entity paid over $600 in that year. Independently employed people must fill out a 1099 form if their income crosses over ...

Deadline for W-2 Form

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Form W-2 is a records detail about what you paid an employee amid a timetable year. It demonstrates their gross wages, withheld taxes, and different withholding. You should send Form W-2 to employees so they can fill out their yearly wage returns. Furthermore, you should send Form W-2 to the Social Security Administration (SSA) and state government so the legislatures can check tax returns for exactness. Anyway, what is the Form W-2 filing due date? Discover underneath. The Form W-2 due date Form W-2 has six duplicates: A, B, C, D, 1, and 2. you will keep duplicate D for your business records. Alternate duplicates go to your employees and government offices. Here are the due dates for sending each duplicate to the correct party. When is W-2s deadline for employees? Send Copies B, C, and 2 of Form W-2 to every worker by January 31 . Your workers don’t need to physically have the forms by that date; however the due date to mail W-2 form is January 31 . That is in...

5 Reasons for recreation of paystubs

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Experiencing a drawer brimming with new documents, receipts, and different slips to observe your pay stub is by all accounts overwhelming. Arranging these reports is an exhausting undertaking. The long and difficult process incorporates taking a look at each record precisely one by one and attempting to make sense of which ones are truly worth keeping. Possibly it’s the ‘better to be as cautious as possible’ approach as a few people discard them all without checking them! This isn’t a brilliant practice particularly on the off chance that you are hoping to make any huge buys later on. You will require some of those papers to demonstrate your work and salary to the lender. In case you’re a business, at that point you should give pay stubs to your workers. What’s more, in case you’re a worker, at that point you should get pay stubs from your manager. Businesses may give you a paper pay stub , otherwise called a pay slip or paycheck stub, or you may need to sign into y...

Ideas on Why to Use Our StubCreator

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Simple Template of Online Pay Stub Generator: Online service of generating paystubs online is very important in today’s world. Having a proper check stub maker is very important for all employees as it gives accurate information about their salaries. Easy template of check stub contains various details about base pay, number of hours worked leaves, expenses and taxes which are deducted. It gives great information about the personal calculation which is made easier through the paystub generator compared to the complex calculations used in past using excel sheet. Getting idea from Check Stubs It’s really awkward about getting new ideas from the check stubs but in reality, different paycheck stub templates can be found from various sources such as Google or Yahoo, there can actually new ways to generate. New ideas might not be necessarily generated online but can be found from various offline places like directories, income tax uses and other ways. You can start wi...

Benefits of Online Stub Creator for Employers

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All employers all over the world believe in employee retention. They don’t want their valuable employees to leave the organization midway for some or other reasons. Efficient employers believe that their work force is one of the important resources for them which are the major backbone for the success of their organization. So they don’t mind giving periodic perks and benefits to the hard working resource of their success. They don’t wish the employers to leave the organization for minor issues like salary issues and get into conflict with them. Employees have full right to know about number of hours they have worked, their pay and deductions. Paystubs stand as an important document garnishing this. So to avoid future conflicts with employees, employers rest on online stub creator and don’t mind spending on service that helps in maintaining better employee relations. Employers today are wise and know that using online paystub creator helps in saving time and money. S...

Why provide quick access to paystub for employees

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As the day date approaches closer, you can understand the feelings of your employees. Everyone seems to be working on their project or assigned task but we know that at back of their mind somewhere they might be thinking about the paystub. After all, money matters. They might be thinking about their in hand exact amount which would be deposited in their bank account to cover various loans and expenses like mortgage, car installments etc. Employee Satisfaction for organizational growth Employees are real living beings and they have their own worries and concerns. We can’t expect them to work or think 24×7 for you and your organization’s growth. Let’s face the harsh truth; they have their own concerns, plans and problems. Providing paystubs easily in their inbox on pay day, gives them exact idea about what to do and how things will work. After few moments of thinking, they will gain their peace of mind and will be able to work for you in a better way and stay more fo...

Three Awesome Benefits of StubCreator

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Business owners have number of responsibilities on their shoulders with less amount of time. Promotions, business expansions and business growth consume most of their time. So, if payroll management is done by someone else, it would reduce your stress considerably. Payment to the employees should be the easiest job but the complex calculations and deductions absorb your complete energy. StubCreator can be your friend and render you the helping hand that you need. It is beneficial in three ways: Spare Time: StubCreator reduces the strenuous calculations for you. We collect some of the basic required information and generate accurate check stubs for your employees. Paycheck calculator will calculate paystub for each employee personally which will help you to keep record of their earnings. Our paycheck calculator makes deductions and calculations easier. With the help of StubCreator , you can generate a pay stub online, receive it in mail or print the paystub anything ...

Difference between employee payday/check date, pay cycle and pay period

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Payday/Check date: Payday is a regular day on which wages are paid. We can say it to be the date mentioned on paycheck. Payday/ Check date is very important for filing income tax returns. For a small business to succeed, these details are very important as based on these the deadline for payroll tax filing and employee tax deposit. If you miss this date, you need to face penalties. If you don’t have paycheck, you don’t need to worry about different taxes and other deadline but if you and your business generate even a single paycheck then you need to worry about all these taxes. Pay Cycle: Pay Cycle is the periodic frequency at which company pays it employees. It is a set of predefined guidelines which defines payment schedule used for payment creation. Pay cycle is the frequency at which the pay creation for an individual employee takes place. Pay cycle can be weekly, bi-weekly or monthly. Selection of pay cycle completely depends on the organization depending on...