Payroll Practice and Management GES 409 » 80 hours

Overview Description Objectives Outline Prerequisites PC Requirements / Materials Instructor Bio See a Demo

  1. Wage and Hour Law
    1. Introduction to the Fair Labor Standards Act
      1. History of Act
      2. Rules of Coverage
      3. Jurisdiction
    2. Classification of Workers
      1. Employees
      2. Independent Contractor
      3. Form SS-8
      4. Statutory Employees
      5. Statutory Non-employees
      6. Leased Employees
    3. White Collar Exemptions
      1. Definition of Exempt and Nonexempt
      2. Four Categories of Exempt
      3. Salary Basis Requirements
      4. Other Categories of Exempt-Federal
    4. Calculating Gross Pay
      1. Constructive Receipt
      2. Minimum Wage
      3. Regular Rate of Pay
      4. Overtime and Hours Worked Definitions and Calculations
      5. Defining the Legal Workweek
      6. Defining the Legal Workday
      7. State Requirements
    5. Other FLSA Requirements
      1. Posting Requirements
      2. Meals and Rest Periods
      3. Deductions From Pay
      4. Compensatory Time Off
    6. Specialized Payrolls, Employees, or Regulations
      1. Overview of Other Federal Wage and Hour Acts
      2. Public Sector Employees
      3. Hospital Employees
      4. Agricultural Employees
      5. New Hire Reporting
      6. Child Labor
        1. Maximum Hours
        2. Legal Days
        3. Minimum Wage
        4. Legal Ages
        5. Other Requirements (States)
  2. Taxation and Compensation
    1. Federal Payroll Taxes
    2. State Payroll Taxes
    3. Multistate Taxation
    4. Employee Withholding Allowance Certificate
      1. Form W-4
      2. State Form W-4 Equivalents
    5. Wages and Compensation
      1. What Are Wages?
      2. Other Compensation
    6. Supplemental Wages and Pay Periods
    7. Special Compensation and Wages
      1. Business Expenses
      2. Tips
      3. Deceased Employee Wages
    8. Reporting
      1. Wage and Tax Reports
      2. Federal Form 941
      3. Schedule B
      4. State Equivalent
      5. Multiple Worksite Reports
  3. Fringe Benefits, Compensation, and Taxation
    1. Deferred Compensation
    2. Section 125 Plans
    3. Section 129 Plans
    4. Flexible Spending Accounts
    5. Third-party Sick Pay
    6. Group Term Life Insurance
    7. Personal Use of a Company Vehicle
    8. Relocation
    9. Incentive Stock Options
    10. Nonqualified Stock Options
    11. Employee Stock Option Plans
    12. Nonqualified Deferred Comp Plans
    13. Expatriate Employees
    14. Resident and Nonresident Aliens
  4. Payroll Management and Year-end Reporting
    1. Payroll Procedures
    2. Manual Check Policy
    3. Staff Training
    4. Internet Resources
    5. Dealing With the IRS
    6. Garnishments and Levies
    7. Record Retention
    8. Direct Deposit
    9. Earned Income Credit
    10. Year-end Form Review
    11. Submission of Forms W-2
    12. Preparing For Year End