4.46/5 stars (695 customer reviews)

Learn to do a payroll, starting at square one. Includes: who gets overtime pay and who does not . . . how to process a W-4 and complete the 941, 940, W-2 and W-3 . . . how and when to deposit withheld taxes using actual forms. Double-quiz in each section assures that you master it.

ISBN:978-1-938741-24-1
List Price:
$59.00
Member Price: $49.00 (Log in for discounted pricing)

$59.00Member Price: $49.00

Clear
SKU: 978-1-938741-24-1 Categories: ,

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

Additional information

Book Type

Softcover WorkBook, Online e-WorkBook

Series

Certified Bookkeeper Course Series: Everything you need to study for the national CB exam

  • Complete preparation for the national Certified Bookkeeper exam!
  • Double-quiz in every workbook section assures mastery of every skill!
  • Workbook quiz questions mimic the national exam questions!

 

 

 

Share your thoughts!

4.46 out of 5 stars

695 reviews

Let us know what you think...

7 reviews with a 4-star rating

  1. Ragin

    Easy to follow and understand. I appreciate having the double quizzes at the end of each chapter to test and help solidify the skills.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

  2. Kazi Zia Uddin

    Highly appreciable course that brings most of the updated issues to work in payroll profession.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

  3. Beth Axe

    Learned a lot in this course which helped me at my current job. Lots of good info here.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

  4. Pravin patel

    Practical and useful information.
    detailed explanation and enough examples.
    Excellent. Thanks.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

  5. ELAINA TANCREDY

    The information in the book was helpful. I would have liked the exam/project to be in parts so that incorrect answers earlier in the project do not affect later answers.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

  6. Heidi

    Very information and I learned a lot being new to payroll. The chapters were short enough to read quickly and I actually read the entire book quickly. The test covered a wide amount of subjects.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

  7. MAURICE

    So many forms and calculations. I have a better sense of what it takes to calculate payroll.

    Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal

    Something wrong with this post? Thanks for letting us know. If you can point us in the right direction...

×

Continue as a Guest