Bookkeeping

How Long Does An Employer Have To Correct A Payroll When It Is Wrong?

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California’s Waiting Time Penalties For Final Paychecks In addition to payroll withholding taxes, most employers also withhold nontax amounts for insurances, savings plans, union dues, court-ordered garnishments, and so on. You see, 42% of all employees say taxes and deductions on their paycheck are confusing to read and understand. Nearly half say they’d feel more […]

Bookkeeping

Choosing An Accounting Method

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Sections below further define and illustrate cash basis accounting. Note especially that the term appears in context with the following terms and concepts from the fields of bookkeeping, accounting, and business analysis. The cash basis can yield inaccurate results, because revenues may be recognized in a different period than the period in which related expenses […]