Presented by Paystrubmakr.com     By John Wolf Small business owners usually know about their products or services but may need more employee payroll and tax filing expertise. Learning these skills can take time, removing resources from activities that generate profits and drive growth. Instead, employers may consider utilizing a small business payroll system. Businesses can focus on […]

What are Wakefield and associates? “Wakefield and Associates” is an agency whose business is collecting debts. Debt collection agencies are known for acquiring unpaid debts from creditors or being hired by your creditors to collect repayments from you. These agencies not only perform this task but also. The emotional toll on the person in debt, Defaulting […]

Making Pay Stubs Easier in 2023 Pay Stubs generating Presented by Paystrubmakr.com     By John Wolf      Managing payroll can be a difficult task. Calculating wages, deductions, contractor rates, vacation days, and keeping up with regulations can make processing payroll overwhelming for employers. Simplified payroll solutions may be necessary for small businesses to meet their […]

  CORONAVIRUS AND TAX RETENTION Presented by Paystrubmakr.com     By John Wolf and Tom C. CPA     Your small business may be eligible for the employee retention credit as an owner of a small business in the United States (ERC).  This tax credit is a part of the CARES Act of 2020 and was created for the […]

Presented by Paystrubmakr.com     By John Wolf and Tom C. CPA Post-pandemic world. Now we are working and shopping from home. Our life becomes more and more online. We do not go shopping; we shop from home. We do our writing and printing from home, and banking is almost 100% done from a screen. If we […]

Presented by Paystrubmakr.com      By John Wolf and Tom Cullen CPA Lear about online pay stub maker The pandemic has changed the world. Due to the pandemic, many of us had to work from home due to lockdowns. As a result, the world has become increasingly reliant on online activities such as shopping and jobs that involve screen […]

Presented by Paystrubmakr.com      By John Wolf and Tom Cullen CPA Finding a good paystub generator is an essential part of payroll processing. You manage a small business and cant hire a payroll preparing company, and you manually process the company’s payroll.    Taking care of the payroll means understanding your state’s laws. The first step will be […]

Presented by Paystrubmakr.com      By John Wolf and Tom Cullen CPA The story of Jose and his new car and his pay stub It is 2021. Jose Gomez has worked in a Latin restaurant since he immigrated to the US in 2010. After long working hours into the night, he could save some money, and now he is […]

Presented by Paystrubmakr.com      By John Wolf  Pay Stub Generation A pay stub is a record that details the payment received for a specific pay period, as well as any deductions for Social Security, health insurance, state, and federal income tax. You may receive it along with your paycheck or access it online through your employer’s website […]

Presented by Paystrubmakr.com      By John Wolf  If you’re a car dealer or landlord, it’s crucial to weed out lousy credit and fraudulent individuals. As your business relies on good tenants or car buyers, verifying proof of income is essential to avoid unpaid rent or late payments. Start by requesting proof of income and ensuring it’s an […]

Presented by Paystrubmakr.com      By John Wolf and Tom Cullen CPA The COVID-19 pandemic has an impact on people’s many factors of life. One factor is retirement; people changed the way they think about retirement. The study from Age Wave and Edward Jones finds that about 1 out of every 3 Americans planning to retire now say that […]

Presented by Paystrubmakr.com      By John Wolf and Tom Collen CPA Cents-per-Mile Valuation Method §61 Under the cents per mile method, the value of the benefits equals the product determined by multiplying the total number of miles the employer drove the car for personal purposes by the optional standard mileage rate. To use this method, the value of […]

Presented by Paystrubmakr.com      By John Wolf and Tom Collen CPA Repatriation of Deferred Foreign Income A U.S. corporate shareholder of a foreign subsidiary generally is not subject to U.S. tax on the earnings of the foreign subsidiary until the earnings are distributed to the U.S. parent corporation (i.e., deferred foreign income taxation). The foreign subsidiary’s undistributed earnings […]

Presented by Paystrubmakr.com      By John Wolf and Tom Collen CPA Self-Employment Tax & CRP Payments §1402 For those who receive Social Security Retirement or disability benefits, any Conservation Reserve Program (CRP) payments are now exempt from the social security self-employment tax. IRS quote Note: Schedule SE and its instructions and Publication 225, Farmer’s Tax Guide, have the […]

Presented by Paystrubmakr.com      By John Wolf and Tom Collen CPA Qualified Trade Or Business A taxpayer can claim a §199A deduction for most types of businesses, but not for any businesses: (1) that involves the performance of services in accounting, actuarial science, athletics, brokerage services, consulting, financial services, health, law, or the performing arts; or (2) that […]

Presented by Paystrubmakr.com      By John Wolf and Tom Collen CPA Business Interest Limited Business interest generally is allowed as a deduction in the taxable year in which the interest is paid or accrued, subject to a number of limitations. For example, limitations on interest expense exist for certain amounts paid in connection with insurance and annuity contracts, […]