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
DENEECE –
Good was a bit out dated I think
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DARRYL –
EXCELLANT!!!
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TERRI –
Course was excellent
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GAYLE –
Basics are very good, ever changing
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JAMES –
As with the other bookkeeping courses Payroll was excellent. The writer exposed the student to the most basic elements and made things very clear and understandable and also how important it is to understand payroll to run a successful business. Now if only AIPB would return phone calls everthing would be great.
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ALICIA –
I love the information available through this study course.
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NATALIE –
No comment
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LKHAMJAV –
Mastering Payroll textbook is helped me to understand the all subject of payroll. It is good to use for reference. The book is written with clear simple language and good explanations, examples, exercises and quizzes. I find it very helpful, and saved my time and money.
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ODILIA –
This is a fantastic book.
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ROBERT –
The book is greatly written and easy to understand. I would give it a 9 on a scale of 1 – 10 with 10 be excellent without error.
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KATHY –
Very helpful
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SHERIF –
it is very friendly user and easy to understand.
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JOYCE –
Always have had a good experience with support.
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NASEEM –
Very satisfied with this program as well
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KATHI –
very helpful
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AMOS –
This book is very informative. I’m currently studying it and learning so much.
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DANIEL –
Like the many other AIPB courses I’ve taken, Payroll also is an excellent self learning product. I like the clear explanations. The review questions at the end of every chapter make sure the topic is grasped. The Final Examination is useful for me to guage my continuing education and also to document my qualifications with clients.
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KATHLEEN –
I really liked Payroll, it was very concise and easy to understand. The only part I struggled with was the Records Retention Requirements, just no way I could committ that to memory
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JOHN –
I really enjoyed this course. I currently hold a CPP (certified payroll professional) designation, and I thought this course provided an excellent and concise overview of payroll administration, including wage and hour law and tax withholding. This course is a good primer for anyone looking to get more involved in the payroll function.
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TINA –
I found this workbook to be informative and helpful. You need to read through the sections and take all the quizzes.
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ANN –
good info
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MABEL –
excellent
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AYSE –
My comment for the adjusting entries applies to this section also
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GUADALUPE –
it is an easy book to understan
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LORELEI –
I learned much more than I thought I would in the class. The information was valuable in my current position in that I was able to advise my colleagues in such matters as taxes, payroll deduction, their rights under the law.
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RALPH –
Helped to sharpen my payroll skills even better.
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NINA –
good information
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PATRICIA –
Excellent source of information. Would highly recommend this text for learning purposes, has great exercises at the end of each chapter to test and help you learn
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CHERYL –
Excellent learning experience, although I have done payroll for years I did learn things that I was not aware of. I would have liked to seen salary exempt employee laws covered a little more since this is a status that seems to be abused by employers on a regular basis.
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SOL –
Easy to follow material. The exercises are very good.
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