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. SEIDAH

    The course was a good stepping stone for when I took the Fundamental Payroll course for the FPC certification. This coursework contributed to my understanding for the FPC.

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  2. BENJAMIN

    Good course!

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  3. JENNIE

    Sections are short and easy to understand. The quizzes at the end of each sections helps to reinforce the concepts. The examples and solutions provided real-life experiences.

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  4. TIANRONG

    Let me knew a lot of things.

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  5. BLAIR

    Very informative.

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  6. BARRY

    Found the book to be very detailed.

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  7. CAONABO

    Payroll is a great book. which covers the most important topics to get you started.

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  8. GEORGIA

    Very good course, covered areas other courses I’ve taken did not. By far the best because this material is very complicated and presenting in a step by step manner made it much easier to understand.

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  9. JING

    very good

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  10. LISA

    Good Information

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  11. JANET

    I just bought the book to update the one I had because it was to old

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  12. RINKU

    Great explain

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  13. SUSAN

    Very good coverage of federal payroll law. I live in California, so I needed extra materials.

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  14. MIGUEL

    Too many things to deduct and ad lately, were to allocate them is the issue

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  15. HEATHER

    Very informative and easy to follow.

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  16. STEPHEN

    Very good class, but I have been too busy to take the test. Still studying when I get the chance.

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  17. SUE

    Took the Prometric Exam for Payroll this morning. The text and the course as taught at Howard Community College (Bis Bradley) adequately prepared me for the exam.

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  18. DEBRA

    A couple of the questions were not clearly worded

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  19. NICOLE

    Very informative and up to date

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  20. FARHANA

    The textbook is good. It will be better if there were few sections more on federal and state deductions and calculations.

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  21. MICHAEL

    The books are comprehensive and thorough, and capable of preparing one adequately for the duties of payroll (and payroll-specific examinations) if one puts in the necessary time to read and study.

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  22. JENNIFER

    Great test of your payroll knowledge.

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  23. RICHARD

    Well written, easy to understand course. However, I would have appreciated several tables with summary information about like entries, such as table of when Forms 940, 941, 944, 945 are due; etc.

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  24. EMMILY

    Great book, easy to understand.

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  25. SUSAN

    Good overview

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  26. SLADANA

    I am satisfied with all AIPB books. Very informative and well written.

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  27. JESSICA

    Wonderful product

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  28. LYNN

    The payroll book provided a good basis and covered a lot of subject matter that is not normally covered in a payroll course.

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  29. GLENROY

    precise, clear and easily to understa, one who completes that course should after be very knowledgeable.

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  30. JUAN

    It is very helpful for my job

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