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
JOYCE –
Needs more depth . . . too easy.
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RAJPATTY –
My reference tool
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JENNIFER –
Makes the beast of payroll easier to understand!
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PAMELA –
Lots of good information.
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LINDA –
learned things I did not know.
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JENNIFER –
Learned a few new things that I did not know.
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GIAS –
It’s really helpful and I am still working on it.
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KIANOUSH –
It was great.
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WILLIAM –
It was a great basic and informative study on the intricacies in payroll.
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AMY –
It was a good course.
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SHERRY –
It was a continuing education course to update my CEU’s for the Accounting Program I teach. It was informative and had more facts and knowledge than I originally thought it would.
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CECILIA –
It is a good book.
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MARY –
It has been about 4 years since I took it but I would rate it 4 stars. There were a few things that I felt were not complete clear.
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LINDA –
It has been a few years since I took this exam but I do recall the test covering all aspects of the guide book
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SOCHEAT –
it explain clearly and precisely
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ALI –
I’ll preparing my self to appear in certificate exam soon.
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JENNIFER –
I was able to pass the CB exam with this workbook.
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TRACI –
I used the book to review procedures, did not take the course or test.
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LORNA –
I thought your payroll course was good, although I have prior knowledge of payroll.
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CINDY –
I really like the book. I am currently working as office Manager for a Software Company. I wish I can work in payroll for ADP. Unfortunately, they won’t hire me because I am not currently working in a payroll position. When I called and inquired about the book, I forgot her name, but she was really nice and polite.
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ANNA –
I learned alot from the book which made it easier to take the exam.
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JAYNE –
I found the course very inadequate. My first job required a knowledge of QuickBooks. I had to quit and learn that. It would have been so helpful to understand that all work is now done on computers and to be given basics of that. It would also have helped to have more knowledge of reports.
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JEREMY –
I am still working through the text. I have not taken the exam yet. So far, the text is clearly written and explains very well the payroll process.
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ELIZABETH –
Great for beginners in payroll
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CYNTHIA –
great course. very useful.
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CHERYL –
Great course. I learned a lot. My husband is self employed and I run the office. What a great aid this course was.
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DACIA –
Great
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DAMIAN –
good
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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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