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
DEBBIE –
understandable and comprehensive
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DEBORAH –
Great book!
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MARY –
I was surprised by how much I learned from this course. I recommend it to any professional, regardless of whether or not they are involved in the payroll process.
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DORIS –
good
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ELIZABETH –
This course does an excellent job of covering the basics of payroll forms, deadlines and employee/non-employee definitions.
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MORAEME –
The text and content is easy to read, and the information is very practical.
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BENJAMIN –
Good course!
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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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TIANRONG –
Let me knew a lot of things.
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BLAIR –
Very informative.
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BARRY –
Found the book to be very detailed.
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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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JING –
very good
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JANET –
I just bought the book to update the one I had because it was to old
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RINKU –
Great explain
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NICOLE –
Very informative and up to date
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