I was tired of figuring out how to do taxes on my own. I don’t mean my yearly taxes, as I have an accountant who helps me with that. I meant the taxes that I have to figure out for my workers. I only have three workers, and figuring out their taxes was the most frustrating part of the job. They also have other deductions that a regular paystub generator does not take into account, which is why I am really glad that I found a fake paystub generator that handles odd deductions as well.
For instance, one of my workers is purchasing one of the company cars from me. I know that he cannot afford it all up front, and he also does not want to get a high interest loan for it since his credit is so poor. I wish I could give him the car, but I am not loaded either. I made him a really good deal on it though, and I am taking 40 dollars out of his paycheck every other week. He will have it paid off in a few years, and he doesn’t have to worry about any interest payments.
On regular paycheck generators, they only figure out social security, federal taxes and other things like that. The paycheck generator I use allows for any kind of deduction as well as the typical tax deductions. It makes it really nice that I am able to have it in print for his records as well as mine too. It does not cost me very much to do this either. I only have to pay 7.50 per paycheck that I want to print, and that is definitely worth it since I no longer get headaches when it comes time to do the paychecks. I wish everything in my business was this simple!