136 pages [55 self-teaching + 81 self-quizzes with detailed answers]
Section 1: Who is an employee? How to classify—and pay—employees, independent contractors, leased employees, temporary help, agency referrals.
Section 2: Federal v. state laws. How to know if your employer or employees are covered by key federal laws. Minimum wage rules. The enterprise test.
Section 3: Paying employees. Who is paid overtime; computations. Paying for nonproductive time (showering, changing, etc.). When you can dock employee pay.
Section 4: Required payroll data. Information, data and forms for each employee. How long to keep each kind of information.
Section 5: Form W-4 and state withholding forms. How it must be completed. When you must reject a W-4. Rules on withholding a flat dollar percentage or dollar amount of tax.
Section 6: Withholding and depositing taxes. How to withhold FICA and federal income tax. The monthly, semiweekly and Wednesday-Friday rules. The “lookback period.” Form 941-X.
Section 7: Filing federal reporting forms. Computing Federal Unemployment Tax (FUTA). Who must file a 940, W-2, W-3, 941 and Schedule B, and 945. Backup-tax rules.
Section 8: When wages are taxable. When wages are earned v. when they are paid. Handling wages paid in January for December work.
Section 9: Other federal and state requirements. Handling the 1099, 1099-MISC, 1099-DIV, 1099-INT, 1099-R, 1096. State unemployment insurance (SUI). Each state’s due dates for filing the state W-2 and distributing copies to employees.
Section 10: Journal entries. How to record salary, deductions and employer/employee payroll expense, payment of taxes, premiums, pension contributions and more.
Glossary of key terms.
Appendix of sample payroll forms with instructions: W-4, 940, 940-Sched. A, 941, 941-Sched. B, 941-X, 944, 945, 945-A, W-2, W-3, W-2c and W-3c, I-9, 1099-MISC, SS-8.
Publisher: AIPB
Very good and informative.
The payroll course that I took was excellent. It prepared to pass that part of the CB exam.
Execelent course and reference.
Very good–waiting for test results.
Good course –
I’ve passed the book te, but still not feeling confident enough to take the computerized test
OK
Great book. Shows all the forms. Out of date now but the basic forms and the basic procedures are all there.
This course was a great resource while learning a new payroll system.
I was satisfied with all of the courses. They provided a good review and adequately prepared me for the exams.
My review was very good on this manual and will be requesting the second part .(Part 2)
I have not started this yet because I am preparing QuickbookPro to become a Quickbookpro advisor.
Increased my knowledge in payroll. Since I work with a Payroll program and it is easy this taught me the way to do it manually if necessry.
very good
Payroll is always changing, this course gave me more than the basics and the foundation that my continuing education can build on.
I have not taken the courses due to a career change… However I believe the courses are very good. I can still take them when I can afford to. It helps me very much with my current education
I have not finished reading the rest of the material yet, but I am in the process.
I felt confident I could apply what was taught. Great course.
Helped with my current job duties.
Helped with my current job duties.
Practical contents to apply for reality. Still useful in business as a reference book!
I found all subject matters to be clear and easy to follow. If you struggle with the first section of a chapter, the quiz section will surely clear up any questions you may have. I felt very confident with each subject at it’s conclusion.
Excellent, Informative
detailed
Very good book.
Very good book.
The text book was easy to follow! I enjoyed the course!
The quizzes are very helpful in understanding the concepts.
It would help to get tests back to see what was done correctly & what was missed.
Im still working on it.