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
PHYLLIS –
I found this to be helpful
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JENNY –
Found a few errors in the text, but otherwise very helpful.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
AMY –
A great overview of payroll bookkeeping and laws.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
KIRILKA –
Wonderful guide for payroll.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
SHOBHANA –
Very useful information in the book.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MELISSA –
Very informative, I keep it as a reference guide
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
DAVID –
Very informative and comprehensive.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LINA –
Very helpful
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
NIMFA –
Very good. I just wish you can take the exam online.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LINDA –
Very Good.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
AHMAD –
Very good books and easy instruction.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
PAMELA –
Very detailed about types of “income” that are taxable, limits for gifts, pre-tax benefits, etc. Leaves no guessing.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
FIRDOUS –
This was good, need in more details
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BEVERLY –
this was an excellent course. since taken this course I have started offering payroll to my bookkeeping client. thank you
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BUNDANCE –
This was a wonderful and informative course!! Easy to follow and understand!!!
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
CAROL –
This was a good course, showed me some things I have forgotten over the years and taught me some things I did not know.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
PEGGY –
This is real world, just like in the life of bookkeeping entries. Completely worth the cost.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LINDA –
This course was very helpful and the book is a good reference. I did find some errors in these courses which frustrated me since bookkeepers are to be detail oriented. Example: Page 41, Problem III, section 2.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MICHAEL –
The material is well written and easy to use
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
KARRY –
The course work and exam for this section was well prepared. It gave an excellent introduction into the payroll process. This is a great course for anyone starting out in accounting, and wanting to get a better understanding of the payroll process.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
ANITA –
No comments.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
GAIL –
no comment
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
RAMONA –
must be updated [Note from AIPB: Each year, we publish a new edition of this course with the latest laws and regulations.]
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
SHARI –
It’s been several years since I took this class, but it was extremely helpful in preparation for the certified bookkeeper exam.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JOY –
It was very helpful as a resource
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JAYASHREE –
It was useful and I would recommend all bookkeepers to take this course.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
JOYCE –
It was comprehensive
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
BONNIE –
It has been quite a while since I took these courses but I thought they were all easy to follow, gave good practice questions and gave a good overview of the subject.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
MARY –
I do payroll on a normal bases and felt the material was very informational and layout well. Learned several new things. Good Job
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal
LINDA –
I am still working with this particular booklet. It has great problems to increase one’s knowledge of payroll procedures.
Upvote if this was helpful (0) Downvote if this was not helpful (0) Flag for removal