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
Found the book to be very detailed.
Payroll is a great book. which covers the most important topics to get you started.
Very good course, covered areas other courses I’ve taken did not. By far the best because this material is very complicated and presenting in a step by step manner made it much easier to understand.
very good
Good Information
I just bought the book to update the one I had because it was to old
Great explain
Very good coverage of federal payroll law. I live in California, so I needed extra materials.
Too many things to deduct and ad lately, were to allocate them is the issue
Very informative and easy to follow.
Very good class, but I have been too busy to take the test. Still studying when I get the chance.
Took the Prometric Exam for Payroll this morning. The text and the course as taught at Howard Community College (Bis Bradley) adequately prepared me for the exam.
A couple of the questions were not clearly worded
Very informative and up to date
The textbook is good. It will be better if there were few sections more on federal and state deductions and calculations.
The books are comprehensive and thorough, and capable of preparing one adequately for the duties of payroll (and payroll-specific examinations) if one puts in the necessary time to read and study.
Great test of your payroll knowledge.
Well written, easy to understand course. However, I would have appreciated several tables with summary information about like entries, such as table of when Forms 940, 941, 944, 945 are due; etc.
Great book, easy to understand.
Good overview
I am satisfied with all AIPB books. Very informative and well written.
Wonderful product
The payroll book provided a good basis and covered a lot of subject matter that is not normally covered in a payroll course.
precise, clear and easily to understa, one who completes that course should after be very knowledgeable.
It is very helpful for my job
Contains all the material needed. But I would suggest a different structure of the chapters/sections: after section 1 to go with the hiring documents needed(4), than with the salaries and wage payments(2&3), then when the wages become taxable(8) and then the FIT withholding(5) and the rest.
there are too many things to remember, so it took time to cover everthing
Not quiet as much information as I was hoping. I look forward to doing the Payroll II workbook.
This course was very interesting and informative. It was very helpful in preparing for the Bookkeeper Certification.
The book was extremely well-written and helpful.