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

Calculating gross wages is the first step to paying employees correctly and keeping accurate payroll records. Learn about the process with this guide. Gross wages sounds like a simple concept. It’s ...

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 ...

Your gross pay consists of the total amount of money your employer pays you -- typically expressed as either an annual salary or hourly wage. However, take-home pay is a much more useful number, as it ...

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 ...

You may find your job fulfilling, but at the end of the day, you work to earn a living. That income provides a roof over your head and food on your table. Discover More: Salary Needed To Achieve the ...

No businessperson wants to get a message from an employee or the Internal Revenue Service saying that payroll taxes were calculated incorrectly. Payroll deductions are usually figured using a computer ...

Grossing up is a method of increasing employee pay to cover a tax burden. A common scenario for grossing up is covering the cost of moving expenses for an employee, and then grossing up to cover the ...

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 ...

Jenni Fink is a senior editor at Newsweek, based in New York. She leads the National News team, reporting on politics and domestic issues. As a writer, she has covered domestic politics and ...