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
KAREN –
Exactly what I expected – fun with numbers and calculations.
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SARAH –
Complete payroll review
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JENNIFER –
Adequate
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MELVIN –
A thorough course.
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DEBRA –
This course is comprehensive and lets you practice your skills
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SHIRLEY –
Great guide for explaining payroll basics in simple terms. Would like to see books developed that are stste specific
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WHITNEY –
Great source for learning basic payroll.
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SHAMESE –
All the self study materials I’ve used so far have been straight to the point, and not giving more information than necessary. The double quiz at the end of each chapter reinforce the points that should be remembered. Would definitely recommend AIPB for any self study they offer.
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KENT –
I find all of AIPB’s courses very through and informative. I found the course content easy to understand.
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DEANNA –
Good material.
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LAURIE –
Very informative course. I learned a lot from this for my new position in my company where I am responsible for all aspects of payroll now. I would have never made the transition as easy without the help from this course.
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CINDY –
Very detailed up-to-date information.
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BENEDICT –
This book really helped me understand payroll functions and the tax forms used to remit witholdings to the IRS. I am more confident and looking forward to taking on clients who have employees and use payroll services. I am also looking forward to reading Mastering Payroll II. It will help me be well prepared for my future clients.
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CYNTHIA –
I thought the course seemed very thorough and easily understandable. I also appreciated the many problem sets at the end of each chapter. Great job!
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ELWALEED –
your courses were very good ,and I still keeping your books as references.
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JEANNE –
The course is clear and easy to follow. I am very happy with all the payroll forms that are included in the appendix.
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NANCY –
An excellent resource with plenty of examples and guidance!
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GERALD –
Excellent
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KAREN –
self study refresher course did not test
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ANTONY –
Excellent way to understand the entries explained in this course.
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SHAWNA –
We outsource payroll – don’t remember it that well
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JANICE –
Great course!
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JANICE –
Great course!
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CONNIE –
Excellent refresher
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MELISSA –
Excellent information.
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MARLISE –
Excellent
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WALTER –
EXCELLENT COURSE
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VIRGINIA –
Satisfied.
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GAURANG –
Good book but expensive
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TEXYE –
I found this very thorough. I liked that accounting concepts were explained, taught, and reinforced.
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