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

If you manage a business, paying a bonus is a surefire way to make your employees smile. Essentially, a bonus is compensation over and above what an employee usually receives. Bonuses are taxable, ...

Net pay is the amount of money employees earn after payroll deductions are taken away from gross pay. These includes taxes, benefits, wage garnishments and other deductions. In simple terms, net pay ...

Dana Miranda is a Certified Educator in Personal Finance, creator of the Healthy Rich newsletter and author of You Don't Need a Budget: Stop Worrying about Debt, Spend without Shame, and Manage Money ...

You know your salary. But how much are you really making? Once you’ve accounted for taxes, the amount of money left in your paycheck might be a lot less than you think. Your take-home pay is the ...

Your take home pay is your net income after taxes and other deductions occur. If salaried, you most likely receive paid a fixed wage each pay period. If hourly, you're paid based on hours worked; ...

Subtract standard deduction and pre-tax contributions to determine taxable income. Use tax tables to estimate federal tax; add state, Social Security, and Medicare taxes. After taxes, subtract ...

The more advanced home economizers among us like to understand how much take home pay we receive after taxes to figure out how much money is left over to spend on our spouses and families. Jimmy ...

Gross pay is the amount of money you earn before any payroll deductions are taken out of your paycheck. In contrast, your net pay is the amount of money you take home after deductions like taxes, ...