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
ANNA –
good
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TAMMY –
GAVE ME A LITTLE MORE KNOWLEDGE IN THE AREA OF EMPLOYEES RECEIVING GIFTS AS PAY, WHICH I WAS NOT FAMILIAR WITH THAT AT ALL
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ALAN –
For me, this was one of the hardest courses – mostly due to all the reporting and deposit requirements.
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CORINA –
Felt the book was written very clearly and easy to follow. Self Tests are good in the back of the book.
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JEANIE –
Fabulous
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ATANAS –
Explanations are understandable and completely enough to past the test. I do not think can start bookkeeping practice just by completing the courses in the program. You can try to work for somebody but not as a bookkeeper for yourself serving other firms. I have not worked in this field since I had other job and I can not tell you if your course matches the requirements of the employers. Also, nowadays most things are done by computer software (bank reconciliation etc) and this is missing from your courses.
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ASTRID –
excellent review of the basics it was either in this one or Depreciation where there were some rounding inconsistencies, but no big deal
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KENNETH –
Excellent refresher for experienced bookkeepers. I sometimes use it as a reference tool too.
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LEEANN –
Excellent learning tool… However, could use an update with dates and amounts.
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JOYCE –
Covered everything
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JILL –
Course material was concise and easy to grasp
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TONY –
5
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PATRICIA –
Wonderful information especially if you are using a payroll service since you tend to forget all that they handle.
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JULIA –
Well written with concise examples, and good review material.
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KATHY –
Very informative. I learn alot about various payroll functions that I have never used before that could help me in other areas. Easy to read and understand.
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MYRIAM –
Very good, it was what I expected.
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CARLOS –
Very good, it helps a lot
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JOSEPH –
Very good
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THERESA –
VERY DETAILED INFORMATION; UP TO DATE
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LAURA –
Useful information.
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YVONNE –
tough
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EMMA –
Took the course sometime ago, but benefitted greatly from it.
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ROD –
This review book could have more examples in it.
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SHERRY –
This book did help me to master payroll!
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SUSAN –
There are always times when a refresher is in order, and the information keeps you current on the understanding of payroll
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WENDY –
The course material was informative and well paced.
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MONICA –
The book was clear and to the point. I think it prepared me well to take the payroll text. The examples and quizes made it easier to understand the material and remember the important points.
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SWAN –
Taught me a lot a payroll.
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CHARLES –
Still working on studying this book. Have been very happy with the books put out for studying for the exams. They have been very helpful and easy to undertand. The exams are very helpful as well.
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DAVID –
Satisfactory study guide
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