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
SKYLA –
Good course. Touched lightly on a lot of topics. Much appreciated.
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BREEGE –
Everything explained well, as usual with AIPB books.
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BRIGID –
Awesome material…very concise and easy to follow.
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JOCELYN –
A good, thorough look at the more advanced aspects of payroll processing, in clear, easy to understand language.
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KENDAL –
Very informative
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MARY –
just what I needed to know . . . very informative in a non overwhelming way
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HUONG –
Very good, updated.
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JASON –
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.
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MACHELE –
I liked the course because it really challenged me.
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TOICHIRO –
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.
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TANA –
Excellent update to current information.
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ALFREDO –
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
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VICTORITA –
A lot of material,but still easy to understand.
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CHERI –
This course greatly assisted me in performing hr duties.
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LUELLEN –
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.
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LUELLEN –
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.
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LEEANORA –
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.
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MARION –
Helped with my current job duties.
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SAMANTHA –
The text book was easy to follow! I enjoyed the course!
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JOANNE –
The quizzes are very helpful in understanding the concepts.
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DRIOLA –
The book is really helpful. It teaches you what you really need to know about doing payroll.
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CATHY –
It would help to get tests back to see what was done correctly & what was missed.
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DORIS –
It has been a while since I read it, but I remember thinking it was very informative. I would give it 3.5 stars.
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DESIREE –
I am very pleased with my payroll book.
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JERRY –
This was a good course for gaining knowledge on taxability of fringe benefits, workers comp, etc.
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JEANINE –
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.
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ARLENE –
I love this one it have help me with the job I have.
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SHEANETTE –
great…payroll’s my favorite
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YVONNE –
Excellent Course!
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LINDA –
Very good, covered the advanced topics very well.
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