302 pages [194 self-teaching + 108 self-quizzes with detailed answers]
Section 1: FIT withholding: The wage bracket and percentage methods. How to use IRS tables and special withholding rates.
Section 2: Fringe benefits. How to tax working condition fringe benefits . . . health insurance . . . qualified employee discounts . . . transit passes and parking . . . gift certificates, and more.
Section 3: Fringe benefits. How to tax—or not tax—various fringe benefits and report each one on the W-2, 941 and 940.
Section 4: Expense reimbursements, advances and allowances. What’s taxable v. nontaxable. Required substantiation. The cents-per-mile, standard mileage and federal per diem reimbursement methods. W-2 reporting.
Section 5: Personal use of company cars. 3 safe-harbor methods for valuing personal use and 4 requirements for using them. Reporting the value on the employee’s W-2.
Section 6: Deferred compensation and “cafeteria” plans. How to withhold pretax and report contributions to 401(k) plans and SEPs on the 941 and W-2. Contribution limits.
Section 7: Disability v. third-party sick pay. Handling sick pay from the employer v. self-insured plan v. insurer. FUTA and FIT taxability. Reporting sick payments on the W-2, 941 and 940.
Section 8: Taxing and reporting life insurance benefits. Reporting group-term life on the 940, 941 and W-2.
Section 9: Imputed income and gross-up for cash payments. How to compute a bonus that includes the employee’s share of taxes or withhold taxes after a cash bonus has been given.
Section 10: Imputed income and gross-up for fringe benefits. How to compute the employee’s share of taxes on noncash fringe benefits.
Section 11: Voluntary v. involuntary deductions. Child support orders, federal/state levies, other notices. Deductions permitted from employee pay before levy. Limits on the levy.
Section 12: Basics of workers’ comp insurance. Variations by state. Classification codes, computing premiums, taxation of workers’ comp benefits.
Glossary of key terms.
Appendix of sample payroll forms with instructions: W-4, 940, 940-Sched. A, 941, 941-Sched. B, 944, 945, 945-A, W-2, W-3, W-2c, W-3c, 941-X, I-9, 1099-MISC.
Publisher: AIPB
Great! I used it for training employees at my business.
Great follow up to the first course. Lots of details and examples. Quizzes helped clarify the course information. Helpful to have all the forms to review.
Good course. Touched lightly on a lot of topics. Much appreciated.
Everything explained well, as usual with AIPB books.
Awesome material…very concise and easy to follow.
A good, thorough look at the more advanced aspects of payroll processing, in clear, easy to understand language.
Very informative
just what I needed to know . . . very informative in a non overwhelming way
Very good, updated.
Payroll II was a good course, it was easy enough to follow and provided a great in depth look into payroll. I enjoyed the course.
I liked the course because it really challenged me.
It’s almost finish, but I am still studying. It is good to know about details of fringe benefits. I like this way of studying.
Excellent update to current information.
I found what I was looking for, so Im very satisfaced with my payrol book so in a rate of 1 to 5 I give to your book 5
A lot of material,but still easy to understand.
This course greatly assisted me in performing hr duties.
I enjoy all the courses offered by AIPB – I have learned a lot – I think the books are wonderful and I always looked forward on studying them.
I enjoy all the courses offered by AIPB – I have learned a lot – I think the books are wonderful and I always looked forward on studying them.
I was really happy to continued learning on payroll. I do with that AIPB would continue the Payroll with updates so that we can keep abreast with the changes.
Helped with my current job duties.
The text book was easy to follow! I enjoyed the course!
The quizzes are very helpful in understanding the concepts.
The book is really helpful. It teaches you what you really need to know about doing payroll.
It would help to get tests back to see what was done correctly & what was missed.
It has been a while since I read it, but I remember thinking it was very informative. I would give it 3.5 stars.
I am very pleased with my payroll book.
This was a good course for gaining knowledge on taxability of fringe benefits, workers comp, etc.
This textbook provides a deeper understanding of payroll. I have been using it with the goal of taking both the CPP and the CP Payroll examinations.
I love this one it have help me with the job I have.
great…payroll’s my favorite