Download PDF The Payroll Process 2020: A Basic Guide to U.S Payroll Procedures and Requirements
The Payroll Process, 2020 biannual edition, updates and adds extensive content to the popular prior edition. The broad scope of content, straightforward explanations with numerous examples, practical advice, and references for additional research if needed address the variety of different user needs.Payroll staff, managers, owners, and interested professionals can follow a mapping of all process steps with procedures and compliance explained in each step. For all employees, the discussion of employee rights and benefits will be of vital interest. Instructors and students will appreciate the clear explanations, many examples, and the scope of topics. Content includes the following topics:Employment law: Searching and hiring; initial documentation; eligibility verification; employer misrepresentation and negligence; at-will employment; employee vs. independent contractor; the ABC test; employee rights compliance; fair employment laws; monitoring and updating employee status; employment and termination; joint employers; using a staffing agency.Payroll calculation: The Fair Labor Standards Act; minimum wage; conversions to weekly periods; overtime principles and proper calculation examples -- hourly, salaried non-exempt, commission employees, retail sales employees, tipped employees, piecework, hospital and residential care employees, comp. time, deferred pay, and other overtime issues including daily overtime states; selecting a payroll period; outsourcing; FICA withholding; income tax withholding methods; self-employment tax; other employer payroll expenses.Employee benefits: Principles and overview; tax-exempt benefit types and details; tax-deferred (retirement) benefit types and details; managing benefits, ERISA.Recording payroll: The payroll register illustrated; journal entries -- gross pay and related accounts, employer payroll tax expenses, benefits, end of period accruals, vacation pay, sick leave and PTO; employee earnings records; summary of account types used.Making payments: Payments on accruals; reversing entries and payment; manual paychecks; deposits to taxing authorities; deposit penalty waiver; garnishment; ''grossing up'' of payments.Forms, reports and audits: Quarterly and annual reporting; summary of common forms used; making corrections; IRS penalties; IRS penalty abatement; DOL penalty abatement; preparing for and dealing with audits; reports to management.Employment of non-U.S. persons: General procedures; resident aliens; non-resident aliens; dual-status aliens; employer form filing requirements; undocumented workers.Internal control for payroll: Summary; special considerations; internal control checklist.Appendix I: States and territories with daily overtime laws: Calculations for Alaska, California, Colorado, Nevada, Puerto Rico, U.S. Virgin Islands; key features for other states more limited in overtime scope -- Kansas, Kentucky, New Mexico, Oregon, Rhode Island, Wisconsin. Appendix II: Timekeeping methods: Critical functions; internal control; offline; online.Appendix III: Document retention guidelines: Overview; DOL; IRS; ERISA.Appendix IV: New business / first-time payroll checklist
Details e-book The Payroll Process 2020: A Basic Guide to U.S Payroll Procedures and Requirements
🗸 Author(s): Gregory R. Mostyn
🗸 Title: The Payroll Process 2020: A Basic Guide to U.S Payroll Procedures and Requirements
🗸 Rating : 4.5 from 5 stars (72 reviews)
🗸 ISBN-10: 0991423194
🗸 Languange: English
🗸 Format ebook: PDF, EPUB, Kindle, Audio, HTML and MOBI
🗸 Supported Devices: Android, iOS, PC and Amazon Kindle
✓ Read as many eBooks you want!
✓ Secure Scanned. No Virus Detected
✓ Thousands of eBooks to choose from - Hottest new releases
✓ Click it and Read it! - no waiting to read eBooks, it's instant!
✓ Keep reading your favorite eBooks over and over!
✓ It works anywhere in the world!
✓ No late fees or fixed contracts - cancel anytime!
Readers' opinions about The Payroll Process 2020: A Basic Guide to U.S Payroll Procedures and Requirements by Gregory R. Mostyn
Ella Carr
Embark on a thrilling adventure with this gripping mystery novel that keeps readers guessing until the very end. Set in a picturesque village plagued by secrets and lies, the story follows a determined detective as he unravels the truth behind a series of baffling crimes. With its clever plot twists and compelling characters, this book is a must-read for fans of the genre.
Sherree Franklin
Immerse yourself in the magical world of fairy tales with this enchanting collection of stories from around the world. From classic folklore to lesser-known myths, each tale is a timeless reminder of the power of storytelling. With its beautiful illustrations and captivating narratives, this book is sure to delight readers of all ages.
Ethelda Dixon
This captivating science fiction novel transports readers to a distant future where humanity has colonized the stars and forged new alliances among the cosmos. Against the backdrop of interstellar conflict, the story follows a group of intrepid explorers as they journey to the far reaches of space in search of a lost civilization. With its gripping plot twists and richly imagined world-building, this book is a thrilling adventure that will leave readers eagerly anticipating the next installment.
Related ebooks of The Payroll Process 2020: A Basic Guide to U.S Payroll Procedures and Requirements
Unhitching from the Crazy Train: Finding Rest in a World You Can’t Control Three Women Disappear One Year of 5-Minute Family Devotions For Kids, Teens, And Parents: 52 Weeks of Faith-Building Activities, Prayer, And Bible Study For Strengthening Family Connections The Dollar Bill Origami Book: 30 Designs That Turn Money into Art Last Day on Mars (Chronicle of the Dark Star, 1) Taylor Swift – Lover: Easy Piano Songbook (Easy Piano Folios) Dark Side of the Spoon: The Rock Cookbook Moon Arizona & the Grand Canyon (Travel Guide) The Missing American (An Emma Djan Investigation) The Master Works of Chaos Magick: Practical Techniques For Directing Your Reality
