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
TATIANA –
Contains all the material needed. But I would suggest a different structure of the chapters/sections: after section 1 to go with the hiring documents needed(4), than with the salaries and wage payments(2&3), then when the wages become taxable(8) and then the FIT withholding(5) and the rest.
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HISAE –
there are too many things to remember, so it took time to cover everthing
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CONNIE –
Not quiet as much information as I was hoping. I look forward to doing the Payroll II workbook.
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JOHN –
This course was very interesting and informative. It was very helpful in preparing for the Bookkeeper Certification.
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MEREDITH –
The book was extremely well-written and helpful.
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VICKI –
Outlined very well and easy to understand.
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EILEEN –
I learned more in this course than any of the others since this was all new to me.
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ERIC –
I found the course very helpful, especially as I do not generally do any payroll work. I learned a lot from the course due to its ease of presentation.
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BONNIE –
Great information and very helpful with my current employment had information that I was not aware of
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JAMES –
Good
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HOPE –
The course was easy to read and understand. The information was helpful and accurate. I expected more information from the course. The course itself was only half of the book and very basic. I was expecting more for the price.
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EDITH –
learned valuable details about payroll
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RITA –
I like the details in this book. I wish I was sent the new payroll booklet!
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SERGIO –
Great and very complete course
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MARK –
Good course that served as a solid foundation for the exam. It was nice that it was a recent edition (2014), so that everything was current.
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LYNNE –
A lot of information included plus I just got the updated 2014 ebook.
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JANICE –
This book led me to recreate one of my QuickBooks 2014 payrolls manually. It was satisfying to know how to do this. And I found I had neglected to assign a tax to one employee and was able to make the correction.
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TERESITA –
The book is very informative and really helped me a lot in my job.
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MAI –
Great book, very detailed and informative.
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TERRENCE –
Excellent! The author was very clear and concise on both I and II. I highly recommend the course.
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JANET –
I love the format including the follow-up tests; the information is laid out in a logical and concise way. I wish the state (N.Y) payroll had a similar book.
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RAMONA –
I did not retake the Payroll. I took that one in 2006 or 2007.
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REBECCA –
For someone who does not have Payroll experience, this book was well-organized and easy to follow.
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MARY –
Very clear, good questions
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PAUL –
The information I learned was very helpful.
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LOIS –
Great facts and thorough explanations, quizzed help with reinforcing knowledge
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LAURA –
Great book with samples of forms needed. There were some forms I did not know about.
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JENA –
The Mastering Payroll I was very useful and informative. The practice exercises were great, it gave me confidence in applying for payroll positions.
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CRAIG –
Payroll was not an area that I had a lot of detailed experience with. However, the course and the exams at fhe end of each session, did help make “what can be a complicated topic”, easier to understand.
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ANA –
It is a practical book for anyone doing books and payroll.
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