With every payroll, the proprietary Solo W-2™ report generator prepares a detailed online Division Cash Flow Report detailing every aspect of your division's activity, so that you always know the current status of your division's cash flow. Your Division Report is similar to the cash flow report or profit and loss statement that a CPA might prepare at the end of the year for a self-employed independent contractor.

Sample Division Revenues Report
The Division Revenues Report lists all the revenue activity for your division, including:

• Beginning account balance.
  
  
• Detail of new revenues by source.
  
  
• Solo W-2™ division service fee (charged against revenues).
  
  
• Detail of referral rewards by source.
  
  
• Ending account balance.

The ending account balance is the amount that is available to fund your Solo W-2™ division, including your employee benefits, your retirement plan, your reimbursed expenses and tax-advantaged gross wage. A notes section contains messages from your Division Administrator relating to your division's revenues.

Sample Division Payout Report
The Division Payout Report lists all the expense activity for your division, including:

• Account balance (brought forward from the Division Revenue Report).
  
  
• Detail of tax-advantaged division expenses, including:
  
  
  • Employer's share of payroll taxes.
    
    
  • Employer's cost of insurance premiums.
    
    
  • Employer's reimbursement of your out-of-pocket business and medical expenses.
    
    
  • Employer's contribution to your 401(k) retirement plan.
    
    
• Ending account balance. Typically zero but may include reserves to fund benefits during a extended vacation, for example.

A colorful pie chart illustrates graphically how the funds in your account are allocated to fund your division. A notes section contains messages from your Division Administrator relating to your division's tax-advantaged expenses.

Wage Cap Windfall
This is a sample Division Payout Report illustrating how unemployment taxes and Social Security taxes drop to zero after their respective wage caps, resulting in significantly more money dropping to your division's bottom line:

• Federal unemployment taxes drop to zero after $7,000 in gross wage.
  
  
• State unemployment taxes drop to zero after a wage cap that varies by state.
  
  
• Social Security taxes in 2008 drop to zero after a wage cap of $102,000.