Withholding tax is the amount of money that an employer withholds from an employee's paycheck stub to pay for federal and state income taxes.FICA stands for Federal Insurance Contributions Act. It is a payroll tax used to fund Social Security and Medicare programs Medicare i...
If you're running a commercial kitchen, you know efficiency is key to success. From preparing food to managing inventory and cleaning up, many tasks must be done quickly and efficiently to keep your business running smoothly. In this blog post, we'll explore some tips and tricks fo...
A balance sheet is a financial statement that provides a snapshot of a company’s financial position at a specific time. It includes information about a company’s assets, liabilities, and equity. Generating a balance sheet can be a complex and time-consuming process, but using a...
A paycheck stub typically includes an employee's gross pay, net pay, taxes withheld, deductions, and any other earnings or adjustments for the pay period.Many employers now offer online access to paycheck stubs through a secure portal. Check with your employer to see if this ...
Regular maintenance of your commercial catering equipment is critical to its performance, longevity, and overall success of your business. Investing in preventative maintenance can improve efficiency, increase longevity, reduce downtime, comply with regulations, improve food qual...
Your check stub will also show the amount of federal, state, and local taxes that were withheld from your paycheck. These taxes are based on your earnings and the information you provided on your W-4 form when you were hired.It will also show the amount of Social Security ...