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.

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 ...

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, ...

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 ...

During each pay period, companies must calculate payroll, which is the money that the company pays to compensate all of its employees. While gross payroll refers to the total amount of money the ...

Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.

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 ...

Every time Melanie Lockert publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails ...

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, ...