Independent contractors, however, do not have any withholdings from their pay. The pay stub provides information on wages, tax withholdings, and benefit withholdings. Both are important, and the YTD balances help the employer and the worker understand if the amounts are correct. When you review a pay stub, it’s important to note the difference between current (current pay period) and year-to-date (YTD) amounts. What, exactly, is a pay stub? Understanding the Pay StubĪ pay stub lists all of the key information related to an employee’s pay. If you hire employees, you may need to generate pay stubs for workers, and you may also provide pay stubs to independent contractors who provide services. To maintain productivity as you scale, use Form Pros and other technology tools, in order to save time on administrative tasks. However, there’s more to growing your business, and that includes payroll-related issues. If you’re self-employed, you focus on securing new customers and delivering a great product or service.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |