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
Outlined very well and easy to understand.
I learned more in this course than any of the others since this was all new to me.
I found the course very helpful, especially as I do not generally do any payroll work. I learned a lot from the course due to its ease of presentation.
Great information and very helpful with my current employment had information that I was not aware of
Good
The course was easy to read and understand. The information was helpful and accurate. I expected more information from the course. The course itself was only half of the book and very basic. I was expecting more for the price.
learned valuable details about payroll
I like the details in this book. I wish I was sent the new payroll booklet!
Great and very complete course
Good course that served as a solid foundation for the exam. It was nice that it was a recent edition (2014), so that everything was current.
A lot of information included plus I just got the updated 2014 ebook.
This book led me to recreate one of my QuickBooks 2014 payrolls manually. It was satisfying to know how to do this. And I found I had neglected to assign a tax to one employee and was able to make the correction.
The book is very informative and really helped me a lot in my job.
Great book, very detailed and informative.
Excellent! The author was very clear and concise on both I and II. I highly recommend the course.
I love the format including the follow-up tests; the information is laid out in a logical and concise way. I wish the state (N.Y) payroll had a similar book.
I did not retake the Payroll. I took that one in 2006 or 2007.
For someone who does not have Payroll experience, this book was well-organized and easy to follow.
Very clear, good questions
The information I learned was very helpful.
Great facts and thorough explanations, quizzed help with reinforcing knowledge
Great book with samples of forms needed. There were some forms I did not know about.
The Mastering Payroll I was very useful and informative. The practice exercises were great, it gave me confidence in applying for payroll positions.
Payroll was not an area that I had a lot of detailed experience with. However, the course and the exams at fhe end of each session, did help make “what can be a complicated topic”, easier to understand.
It is a practical book for anyone doing books and payroll.
Excellent.
Completely satisfied
Very good review!
Very easy to understand and follow the information.
Good. Questions were not always clear. Some assumptions were made rather than giving all of the facts.