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.

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

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 ...

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, ...

As a business owner, part of your job is cutting your employees accurate paychecks. Depending how you pay them, this may involve adding up the hours worked or dividing their annual salary by 52 or 26.

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, ...

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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 ...