Your gross pay consists of the total amount of money your employer pays you -- typically expressed as either an annual salary or hourly wage. However, take-home pay is a much more useful number, as it ...

Whether you work a job where you are paid hourly or through an annual salary, how much you earn can be described as either net or gross pay. Understanding the difference between net pay and gross pay ...

Although your non-exempt employee is paid a salary, the U.S. Department of Labor requires that you pay overtime to any non-exempt employee that works more than the allowed number of hours in a pay ...

No businessperson wants to get a message from an employee or the Internal Revenue Service saying that payroll taxes were calculated incorrectly. Payroll deductions are usually figured using a computer ...

Tax season is here. With all the forms and applications you need to fill out, it's easy to get confused. But USA TODAY has got you covered with a series of stories and tips that will hopefully make ...

The concept of adjusted gross income is intimidating to many people, especially given how long and complex tax returns have gotten. Yet if you're like millions of Americans whose sole source of income ...

While it’s true that payroll has its complexities, mastering the fundamentals of processing payroll can be valuable, especially if you’re a small business with a minimal team. By understanding each ...

Adjusted gross income is an important number used to determine how much you owe in taxes. It’s a factor in determining your federal tax bracket and taxable income — the portion of your income subject ...

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 ...

Tax season is nearly upon us. For some, it may be your first time filing taxes. And even for those who have filed for years, taxes are not always the easiest task to tackle. Here's what you should ...