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
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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RYAN –
Excellent
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LORETA –
easy to understand
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ANTHONY –
Easy to follow from the basics to the more intricate aspects.
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JOYCE –
Covered everything
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JILL –
Course material was concise and easy to grasp
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THOMAS –
Can be better
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ELISE –
Book was clear and easy to understand.
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ANNA –
Because I took a position where I know longer needed to do payroll, I did not finish this course. I did work in the book and as usual it was very easy to work with. All the courses I have taken have actually taught me more than the local junior college courses.
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LISA –
After working in the accounting field for 10 years and 12 years off to raise kids I found a job as a full charge bookkeeper. Part of that job was payroll which I had never had the pleasure of working on. The course helped me with the ins and outs of payroll.
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NIRMALA –
A+++! Great Book!
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PATRICIA –
A very knowledgable and easy to understand course.
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SOLOMON –
5
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DINA –
5
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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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