Net pay is different from gross pay. Both can be seen on your paycheck, but what do they each mean? Here's what you need to know.

How to Compute Annual Gross Pay in Excel. Annual gross pay is the amount of money an employee earns per year before deductions like state and federal taxes, 401 (k) savings or health insurance ...

It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.