5% off course of the week: US Payroll Practice Essentials

03 October 2014

The US payroll practice essentials course teaches fundamental US pay calculations through hands-on exercises and complex pay calculations and concepts. Come away from this three-day programme with the payroll knowledge, skills and abilities required to produce an accurate US payroll, ensure payroll compliance and improve job performance.

Course content

  • What is payroll?
    • The nature of the payroll profession
    • Role of the payroll professional
    • Challenges in payroll
    • The payroll process
    • Objectives of the payroll department
  • Determining worker type
    • Employees
    • Independent contractors
    • Temporary employees
    • Leased employees
    • Common law test
    • Form SS-8
  • Form I-9
  • Form W-4
  • Form SS-5
  • Social Security Number Verification Service (SSNVS)
  • Fair labour standards act
  • The federal minimum wage rate
  • Calculating overtime payments
  • Defining time workload
  • Withholding taxes
  • Form W-4P - withholding from pensions and annuities
  • Form W-4S - withholding from third party sick pay
  • Federal income tax withholding
  • Social security and medicare taxes
  • State and local taxes overview
  • Calculating the gross up
  • Deceased employees
  • Determining tax treatment of employer paid benefits
    • Fringe benefits
    • IRS definition of compensation
    • Retirement advice
  • Prizes and awards
  • Personal use of company vehicles
  • Group-term life insurance
  • Deferred compensation
  • Cafeteria (flexible benefit) plans
  • Loans to employees
  • Voluntary deductions
  • Involuntary deductions
  • Pay frequencies
  • Reporting taxes and wages
  • Payroll accounting
  • Payroll systems, auditing and record keeping
  • Record keeping
  • The payroll profession

This course is running in London on the 13 October 2014. Book now and receive a 5% discount of your booking by quoting COW0310. For more information about this offer, please email us or phone 0121 712 1013