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 2021 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.
After receiving his master's of business administration (M.B.A.) from the University of Notre Dame and passing the C.P.A. exam in the early 1970s, Bernard Bieg turned his attention toward a career in teaching. After teaching for 50 years at Bucks County Community College, he now enjoys his status as professor emeritus. During his teaching career, Professor Bieg taught the whole spectrum of accounting offerings, including payroll accounting. His association with this textbook began in 1977 as a co-author with one of the originators of this book, Bill Keeling. Judith Toland received her master's (M.A.) in education from Temple University in 2002, her bachelor's (B.A.) in business administration - accounting from Bloomsburg University in 1981, and her associate's degree (A.A.) from Bucks County Community College (BCCC) in business administration in 1979. Professor Toland has taught accounting courses, including payroll accounting, at BCCC since 1989 and is currently a professor in the business and innovation department. She earned the prestigious Certified Payroll Professional (C.P.P.) designation in 2011.
