Learn to do a payroll, starting at square one. Includes: who gets overtime pay and who does not . . . how to process a W-4 and complete the 941, 940, W-2 and W-3 . . . how and when to deposit withheld taxes using actual forms. Double-quiz in each section assures that you master it.

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SKU: 978-1-938741-26-5 Categories: ,

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

Additional information

Book Type

Softcover WorkBook, Online e-WorkBook

Series

Certified Bookkeeper Course Series: Everything you need to study for the national CB exam

  • Complete preparation for the national Certified Bookkeeper exam!
  • Double-quiz in every workbook section assures mastery of every skill!
  • Workbook quiz questions mimic the national exam questions!

 

 

 

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  1. MONTROE

    Great!

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  2. LUELLEN

    Great course – learned a lot through the books and quizzes.

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  3. ANGELA

    great course

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  4. MICHELLE

    Good for all skill levels

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  5. NAISHADH

    Good Books

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  6. LAURA

    good

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  7. CINDY

    good

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  8. LINDA

    excellent course

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  9. MOHAMMAD

    Excelient

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  10. GENOWEFA

    5

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  11. JEAN

    VERY WELL WRITTEN

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  12. IBHATE

    VERY GOOD. NEEDS REGULAR UPDATE.

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  13. CASEY

    Very good guide for payroll!

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  14. SANTIAGO

    Very Good

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  15. REBECCA

    Thorough coverage of what you need to know about processing payroll.

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  16. RACHEL

    This course was very easy to understand due to the examples given in the book. I was able to go through the course in a short period of time. Overall, the AIPB courses I took were not over whelming and to the point. The situations presented in the course were very simular to actual ones I experienced in my career, making the course true to life. I was very pleased.

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  17. LINDA

    Teaches basic payroll

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  18. JANET

    See above

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  19. HELEN

    Rate 5 stars

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  20. KATHLEEN

    Provided basic payroll information. Learned a few new points Took this several years ago and don’t remember anything specific

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  21. DEANNA

    pretty good book. could be more detailed

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  22. MARGARET

    NA

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  23. MARGARET

    NA

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  24. BETH

    Liked the format and ease of study.

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  25. DONNA

    I use this information all the time. It is a good course

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  26. JAMES

    I thought payroll was very detailed and concise

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  27. KENNETH

    I thought each of the courses was right on target. They were a very good source for review for me.

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  28. PATRICIA

    I found the corrections to the original printed matter difficut to follow, but the course was very good.

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  29. BECKY

    I felt it was a great book. I already knew most of the information, but that was due to experience.

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  30. DAWN

    Great information all bookkeepers should know.

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