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
LINDA –
Well written and very detailed.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
COLIN –
5 stars
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JENNIFER –
Found this course to be spot on and very useful.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
DAVID –
Very useful & thorough.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
PHUONG –
This material is really helpful for who want to become payroll accountant. It cover all the matters that we need to provide for Payroll service, practical exam is really helpful for us to assess our knowledge.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
REBECCA –
We use a payroll company at my job, so much of this was new to me. I’m glad to have a better understanding of how payroll works and the laws that govern it.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
AMANDA –
Great information.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
THANDAR –
Now I am still studying Payroll for exam. I am a little confuse some laws. I have to study very hard and try to understand well. I think it will need to explain detail to understand well.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LAMAR –
Very thoroughly; very clear examples. The sample tests are excellent and the key to understanding the material. Got a 97% on the Prometric Certified Bookkeeper exam.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JULIET –
I still need more time to study the payroll book. So, I will pass the exam. It will be my 4th time to take the exam. Trying hard that I will pass the exam.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
GUADALUPE –
Easy to follow and a lot of examples
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LORETTA –
Covering payroll gave clear understanding of the forms and differences in state laws. I think the course was interesting and will be beneficial to my career change. Teacher was great!
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
YUKA –
Great!
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ANNIE –
Informational, but could have been presented better, with more charts and tables. Payroll is already confusing. Continuous long paragraphs about payroll don’t help.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JULIE –
excellent course
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CRYSTALENA –
Easy to understand
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CANDICE –
I found the information outdated and very unorganized.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ROSALYNN –
Well written and easy to understand course. The questions in each chapter are so helpful as well.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MYRA –
The Mastering Payroll book is awesome. The materials are up to date and very well written. The information is easy to understand and retain. I really appreciate these books. I am looking forward to becoming certified.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
NINA –
Not yet
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ANDREA –
Good course to understand the basics of payroll.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BRUCE –
More information on recording entries from the payroll service. I needed to figure out how to book entries from the payroll service I was using. This a very good course for beginners only
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
YANG –
Payroll theory itself is very detailed and complicated. Generally, the book is ok, especially its quizzes focus on the real examples, which might help a lot for a payroll specialist. But there is something wrong with the print which makes the book miss the Quiz problems (P66）
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JOSE –
Great material.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BRIDGETTE –
Easy to follow, informative, good examples given
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
DELIA –
Very informative and clear on the material.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ANATOU –
I like it! this book is clear, concise and easy to understand.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CARMEN –
Excellent course, very illustrative
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
FAYETTA –
This is excellent workbook with great information I would rate it number (5) star
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
YOKO –
The text is very detailed and I like this course very much.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal