In business, payroll governs all the forms of compensation that a company uses. At its most basic form, payroll is made of wages and salaries, but a company must account not only for taxes and ...

The Internal Revenue Service allows a corporation to elect to be treated as a small business corporation, or S corporation, for federal income tax purposes, provided ...

People understandably gripe about the complexities of the federal income tax laws. Filling out your tax return is not as easy as writing a couple of numbers on a postcard and sending it to the IRS.

Calculate take-home pay by dividing actual paycheck amount by gross pay and multiplying by 100. Adjust calculations for salaried or hourly status to find correct gross pay per period. Consider bonuses ...