Payroll Essentials Handbook

The Payroll Book is the only book that demystifies payroll with clear, concise, and real-world examples on how to tackle the process. "The Payroll Book will be a valuable resource for the small business owner as well as for the entrepreneur planning a new venture. Thorough, well-organized, and thoughtfully written, this practical guide is an essential tool for managing the payroll process." —Marilyn K. Wiley, Dean, College of Business, University of North Texas "Failing to comply with the withholding, tax remittance, and report filing requirements in handling business payroll carries a high cost. Charles' book will guide entrepreneurs through the minefields of payroll processing and reporting in language that business owners can understand. Whether you already own or are planning to start your own business, The Payroll Book is an essential tool." —James A. Smith, Past President and Chairman, Texas Society of CPAs "If accounting is something you have not paid keen attention to in your startup, then this book can demystify the whole thing for you and then some! Logically set-up and highly practical in its approach! I highly recommend this book for any startup, entrepreneur, and, frankly, anyone thinking about starting a business. That said, if you already started a business it's just as important—this is a must-read!" —Hubert Zajicek, CEO, Co-founder and Partner, Health Wildcatters "Wow! This is the most comprehensive book of its kind. I have worked in payroll for over 25 years, and I would recommend this book as a reference to anyone who has a hand in payroll. From the novice just entering the field to the seasoned veteran, there is something in this book for everyone." —Romeo Chicco, President, PayMaster

Your one-stop-shop for unparralled coverage of payroll control systems, best practices, measurements and reports, cost account, and outsourcing. Includes a step-by-step checklist of activities to follow when setting up a payroll system and how to install controls that combat payroll fraud. Order your copy today!

Embarking on the journey to achieve Payroll Certification involves thorough exam preparation. Mastering payroll principles, regulations, and procedural intricacies is crucial. This certification signifies expertise in payroll management, showcasing your commitment to industry excellence. In this guide, we'll explore key strategies and resources to enhance your readiness. From comprehensive study plans and official materials to simulated exam conditions, these tips aim to optimize your preparation. This book also comprises concise glossary encapsulates the key terms and acronyms vital for success in the examination. From gross pay calculations to compliance nuances, each entry serves as a beacon for exam-takers, ensuring a comprehensive grasp of payroll intricacies. As you read further, anticipate an illuminating journey through the lexicon of payroll, empowering you with the linguistic prowess essential for triumph in the certification assessment. Let this glossary be your roadmap to proficiency in the multifaceted realm of payroll management.

If you own a small business with employees, you probably know how cumbersome, complicated and confusing payroll can be. Aspects of payroll such as social security, taxes, as well as state and federal payroll guidelines can make payroll seem overwhelming. This guide will show you the steps to do payroll for your small business effectively and efficiently. We'll cover how to do payroll using HR payroll software and payroll time clock software, as well as review some of the most popular payroll software packages on the market today. If you just started your business, you probably have heard all about Quickbooks; that's not your only option, however. This book will show you what payroll is and what software is out there to help you.

Update from the prior edition: A reference to the complete payroll process and procedures within the process. Also additional references for further research.

This is the first book written specifically to address the impact a 401(k) plan has on the payroll function. The payroll department is a key "player" in the administration of a 401(k) plan. Responsible for deducting the 401(k) deferrals and participant loan payments from each participant's pay check, is just a small piece of the role they play in the operation of a 401(k) plan. Little training is ever provided, until now. Payroll Essentials For the For 401(k) Plan provides 401(k) plan sponsors, payroll departments, HR payroll departments and anyone interested in understanding the importance of payroll processing and tasks relating to a 401(k) plan with the nuances and knowledge they need to maintain the plan's protected tax deferred status. Let's be frank, there is a lot more to it than just turning on the 401(k) deferrals in the payroll system for each employee and participant. Most errors and omissions with 401(k) plan administration happen within the payroll process and information. Prevent these errors by providing the tools, information, forms and processes outlined in this much needed reference guide. This book is filled with checklists, processes, procedures, forms, worksheets and more. Each chapter provides simple explanations to complex material. The payroll specialist will be thrilled to finally have some light shed on their burning questions. Here are some of the materials presented in the book: 401(k) Enrollment and Election Forms Contributions 401(k) Deposit Deadlines Participant Loans 401(k) Annual Data Collection Annual CPA Audit 401(k) Plan Payroll Processing Checklist 401(k) Plan Contributions Checklist 401(k) Loan Checklist 401(k) Plan Compensation Definitions Glossary 401(k) Reference Calendar This book is author Barbara Klein's second book her Essentials series. Her first book, 401(k) Essentials For the HR Professional, is available and can be used in tandem with the Payroll Essentials book.