Autor: nicolas

These stipends are typically included in gross pay, increasing an employee’s earnings before deductions. However, since stipends are usually taxable, they do not reduce net pay like pre-tax benefits. Accurate payroll processing depends on correctly calculating both gross and net pay. Errors in payroll calculations can result in over- or underpayment, leading to administrative burdens and potential financial liabilities. Common Deductions Gross pay and net pay are critical concepts when calculating an employee’s total earnings and take-home amount after deductions. … Continue reading “Gross Pay vs Net Pay: Simple Explanations & Calculations”

If you don’t see the specific package you need above, let us know—we’ll tailor something to your business. When working with your OOTB bookkeeper to establish the monthly bookkeeping services, you will be able to discuss what services you are interested in. Dedicated public accountant with over 35 years of experience serving the San Diego community. I specialize in payroll and bookkeeping services for local business owners to help ensure your financial records are accurate, organized, and ready for every tax season. … Continue reading “San Diego Bookkeeping Services”