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
FARHANA –
The books are very helpful. The only thing is that when we order the books we get most of the time the old books for the years 2009 and 2010. Please when mailing make sure to send the current year books.
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NANCY –
I was glad you included copies of all the payroll forms so you could flip to it to understand it better.
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PATRICIA –
Great book. Easy to understand. Lots of examples and explanations.
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CHARLES –
Comprehensive – easy to follow – but when I tested at Prometrics my score was not good as my other tests
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SHAOYAN –
Very nice book! But I hope I can do more exercise questions on this book to help pass the test.
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LEIGH –
Just finished the book & was excellent.
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YOLANDA –
Instructions were clear and the course is practical.
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ELLEN –
Excellent detail on payroll.
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LILLIAN –
Helped me understand the parts that were hard to understand at first.
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JAIME –
Good for learning about payroll.
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IVY –
Very thorough and helpful!
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RACHEL –
very easy to understa, getting ready to take the test right now!
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GEORGE –
The practice exercises and final examination helped my confidence and preparation for taking the Certified Bookkeeper Exam Parts One and Two in Augu, 2013.
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BETTY –
Explanations were very easy to understand. Very well written. The Quizzes were very helpful.
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LORIE –
Good!
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TINGTIN –
Good
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BETTY –
Discriptive
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ASHOK –
I found it is useful. There is not enough information regarding the allowance which one can claim in their tax withholding calculation.
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ELLEN –
I find this very useful, a very good book!
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REBECCA –
I thought I knew a lot about payroll, which I do, but after getting the workbook I realize there is a lot more than just what I do for my current employer. The workbook is about 3-4 times bigger than the other workbooks and it’s worth every penny.
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CRYSTAL –
Great.
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TATSIANA –
Very helpful
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MILICA –
I learn a lot
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DEBRA –
The coursework presented in the workbook was presented in a very user friendly, easy to understand format. I felt confident about what I had learned.¬†I was disappointed with the CB exam. It didn’t seem to test the most relevant payroll subject matter. The final exam in the workbook, however, did a good job at testing what would be needed to do the job in the workplace.
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CLINTON –
It’s very good at instructing at the introductory level on this subject
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JOE –
Generally very good. Learned that I did not know as much as I thought I did. Easy to read and understand. I would recommend as a very cost effective training tool.
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LUCILLE –
I did not complete the exams, I do payroll at work I would rate a 5 star
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XIURONG –
Basic payroll knowlege is useful.
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DEBORAH –
Very intense with all of the info a payroll person should know. I see why some companies hire Payroll companies such as ADP. I have worked in payroll before but the software did all of the work and we just had to make sure we put in the correct info.
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GINA –
The information was presented in a clear concise manner. The quizzes after each section and the tests at the end of the book truly helped to study for the certified bookkeeper exam.
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