Paystubsnow Blog

Having some funds to keep back—Retained earnings (REs), recorded in the retained earnings account, is one of the primary features indicating a company's financial health and its capacity for business equity. Small businesses that are still growing need to maintain a retained earnings balance and have some funds in the ...

A self employment ledger is a detailed record of all your business income and expenses. A ledger can help you keep track of your profits and losses, understand your business expenses, and make tax time a little less stressful — all of which can help you make informed business decisions. ...

Understanding business payroll is difficult, but rewarding. Deep knowledge of payroll administration is critical for the success and compliance of any small business. Unfortunately, even with the best intentions, mistakes can be made. Due to differing laws from state to state, and even municipality to municipality, it is easy for ...

Tax brackets can seem like a burdensome social responsibility, especially when you get a raise. For people who are unclear on how it works in the United States, extra income could mean over taxation. However, because the United States operates a federal income tax system, tax brackets and federal income ...

The concept of gross earnings is critical to understand for anyone who is employed, whether they are a salaried or hourly worker. Your gross profit is the total amount of net sales and other income that an employee earns in a given period of time, often calculated on the income ...