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
ANA –
Very practical workbook. Each discussed topics regarding documentation and step-by-step payroll setup and computation is very useful for both without and with working knowledge. Keep it up!
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NOAH –
This book which is clear and self-explanatory, handles the basics of payroll. The way the sections are structured and well laid out makes the book even more interesting and appealing to read and reinforces one’s knowledge. I do recommend it to any accounting student with interest in payroll.
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LOLA –
This book was difficult for me. Information complicated and requires an additional and more detailed explanation.
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RENE –
i learned a lot of payroll related items that i was unaware of and will definately help me relate better with payroll issues.
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HAROLD –
it is a good source to learn the basics of payroll preparation and taxes
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DANIELLE –
Very informative and easy to use.
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STEVE –
Informative
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IBANESSA –
The information has been extremely useful because it has allowed me to be more knowledgeable in this field therefore enabling me to be better prepared to serve my clients.
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IBANESSA –
The information has been extremely useful because it has allowed me to be more knowledgeable in this field therefore enabling me to be better prepared to serve my clients.
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YASSIN –
payroll and double entry i love both books . very interesting
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IVAN –
It was very good.
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SHELIA –
Excellent course review
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ESTHER –
I HAVE COMPETED THE TEST AND FIND THAT IT WAS SUFFICIENT INFORMATION AND VALUED PROBLEMS TO USE IN MY EVERYDAY BUSINESS!
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KATHLEEN –
Very good and informative.
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CHARLES –
The payroll course that I took was excellent. It prepared to pass that part of the CB exam.
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GUY –
Execelent course and reference.
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LAUREL –
Very good–waiting for test results.
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EVA –
Good course –
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LASHAWNDER –
I’ve passed the book te, but still not feeling confident enough to take the computerized test
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TAFFY –
OK
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ANGELA –
Great book. Shows all the forms. Out of date now but the basic forms and the basic procedures are all there.
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CHERI –
This course was a great resource while learning a new payroll system.
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RUTH –
I was satisfied with all of the courses. They provided a good review and adequately prepared me for the exams.
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MOHAMAD –
My review was very good on this manual and will be requesting the second part .(Part 2)
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OUMAR –
I have not started this yet because I am preparing QuickbookPro to become a Quickbookpro advisor.
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MELIA –
Increased my knowledge in payroll. Since I work with a Payroll program and it is easy this taught me the way to do it manually if necessry.
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JULIA –
very good
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FRANK –
Payroll is always changing, this course gave me more than the basics and the foundation that my continuing education can build on.
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JULIA –
I have not taken the courses due to a career change… However I believe the courses are very good. I can still take them when I can afford to. It helps me very much with my current education
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NARINE –
I have not finished reading the rest of the material yet, but I am in the process.
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