Gain first-hand experience and the foundation you need to calculate payroll, complete payroll taxes, and prepare payroll records and reports. Bieg/Toland's market-leading PAYROLL ACCOUNTING 2020 introduces the latest payroll laws and developments. You focus on practical applications rather than theory as you complete hands-on exercises. Detailed examples and real business applications demonstrate the importance of skills you are learning. Each example or illustration corresponds to a specific problem so you can easily follow the steps to solve the problem.An extensive project in the last chapter lets you apply what you've learned as a payroll accountant. This edition also covers the Fundamental Payroll Certification (FPC) from the American Payroll Association. Digital resources further ensure a thorough understanding of payroll for success both now and throughout your business career.
1. The Need For Payroll And Personal Records.2. Computing Wages and Salaries.3. Social Security Taxes.4. Income Tax Withholding.5. Unemployment Compensation Taxes.6. Analyzing and Journalizing Payroll.7. Payroll Project.Appendix A: Payroll Accounting Online.Tax Table A: Tables for Percentage Method Of Withholding.Tax Table B: Wage-Bracket Income Tax Withholding.Check Figures.Glossary.Index.Federal Payroll Taxes Calendar.Appendix A: Excel Template Instructions For The Glo-Brite Payroll Project.Online Appendix. Appendix B: Social Security Benefits. Online Appendix: Appendix C. Unemployment Benefits.Online-Only Document: Computerized Payroll Accounting User Guide.Online-Only Document: Controlling Costs: Payroll, Benefits, and Taxes.