{"product_id":"the-payroll-book-isbn-9781119704430","title":"The Payroll Book","description":"\u003cp\u003e\u003cb\u003e\u003ci\u003eThe Payroll Book\u003c\/i\u003e\u003c\/b\u003e\u003cb\u003e is the only book that demystifies payroll with clear, concise, and real-world examples on how to tackle the process.\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"\u003ci\u003eThe Payroll Book\u003c\/i\u003e 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.\"\u003cbr\u003e \u003cb\u003e—Marilyn K. Wiley,\u003c\/b\u003e Dean, College of Business, University of North Texas \u003c\/p\u003e\u003cp\u003e\"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, \u003ci\u003eThe Payroll Book\u003c\/i\u003e is an essential tool.\"\u003cbr\u003e \u003cb\u003e —James A. Smith,\u003c\/b\u003e Past President and Chairman, Texas Society of CPAs \u003c\/p\u003e\u003cp\u003e\"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!\"\u003cbr\u003e \u003cb\u003e —Hubert Zajicek,\u003c\/b\u003e CEO, Co-founder and Partner, Health Wildcatters \u003c\/p\u003e\u003cp\u003e\"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.\"\u003cbr\u003e \u003cb\u003e —Romeo Chicco,\u003c\/b\u003e President, PayMaster \u003c\/p\u003e\u003cp\u003e\u003cb\u003ePreface ix\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow to Use this Book ix\u003c\/p\u003e \u003cp\u003eIcons Used x\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Payroll Setup\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Business Entity 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCorporation 3\u003c\/p\u003e \u003cp\u003ePartnership 5\u003c\/p\u003e \u003cp\u003eSole Proprietorship 6\u003c\/p\u003e \u003cp\u003eLimited Liability Company (LLC) 7\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Employees and Nonemployees 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYou 9\u003c\/p\u003e \u003cp\u003eFamily Members 9\u003c\/p\u003e \u003cp\u003eEmployees Versus Independent Contractors 12\u003c\/p\u003e \u003cp\u003eStatutory Employees and Statutory Nonemployees 19\u003c\/p\u003e \u003cp\u003eChildren 21\u003c\/p\u003e \u003cp\u003eVolunteers 21\u003c\/p\u003e \u003cp\u003eInterns 22\u003c\/p\u003e \u003cp\u003eReligious Workers 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Earnings 25\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSalary 25\u003c\/p\u003e \u003cp\u003eExecutive Exemption 33\u003c\/p\u003e \u003cp\u003eAdministrative Exemption 33\u003c\/p\u003e \u003cp\u003eProfessional Exemption 34\u003c\/p\u003e \u003cp\u003eHighly Compensated Employees 36\u003c\/p\u003e \u003cp\u003eAdditional Guidance 37\u003c\/p\u003e \u003cp\u003eWhen an Employer May Make Deductions from Salary Payroll 37\u003c\/p\u003e \u003cp\u003eHourly Wage 38\u003c\/p\u003e \u003cp\u003eBasic Provisions\/Requirements 39\u003c\/p\u003e \u003cp\u003ePiecework 51\u003c\/p\u003e \u003cp\u003eTraining Wage 51\u003c\/p\u003e \u003cp\u003eSubminimum Wage Provisions 53\u003c\/p\u003e \u003cp\u003eOther Payroll Categories 54\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Deductions 63\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eVoluntary Deductions 63\u003c\/p\u003e \u003cp\u003eInvoluntary Deductions 68\u003c\/p\u003e \u003cp\u003ePre-tax Deductions 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Taxes 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTax Numbers 96\u003c\/p\u003e \u003cp\u003eEmployee Taxes 97\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Tax Penalties 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Workweek, Pay Period, Payday 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWorkweek 129\u003c\/p\u003e \u003cp\u003ePay Frequency (Pay Period) 130\u003c\/p\u003e \u003cp\u003ePayday 131\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: The Law 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFederal 133\u003c\/p\u003e \u003cp\u003eFMLA (Family Medical Leave Act) 140\u003c\/p\u003e \u003cp\u003eAffordable Care Act 145\u003c\/p\u003e \u003cp\u003eNew Hire Reporting 146\u003c\/p\u003e \u003cp\u003eLabor Posters 151\u003c\/p\u003e \u003cp\u003eDavis-Bacon and Walsh-Healy 155\u003c\/p\u003e \u003cp\u003eThe Equal Pay Act (EPA) 156\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Running a Payroll\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Collecting Time 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTime Clocks 161\u003c\/p\u003e \u003cp\u003eTimesheets 165\u003c\/p\u003e \u003cp\u003eSalaried Employees’ Time 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Calculating Payroll 167\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCalculate Earnings Hourly 167\u003c\/p\u003e \u003cp\u003eOvertime If a Staff Member Works Different Positions at Different Rates 169\u003c\/p\u003e \u003cp\u003eAdditions to Earnings 170\u003c\/p\u003e \u003cp\u003eReductions to Earnings 171\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Paying Your Employee 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMethod of Payment 177\u003c\/p\u003e \u003cp\u003eWages for Deceased Employees 184\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Taxes Depositing and Filing 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Additional Essential Components\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Record keeping 191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInternal Revenue Service 192\u003c\/p\u003e \u003cp\u003eDepartment of Labor 192\u003c\/p\u003e \u003cp\u003eFamily and Medical Leave Act (If You Have 50 Employees or More) 193\u003c\/p\u003e \u003cp\u003eTitle VII of the Civil Rights Act of 1964 and the Americans with Disability Act of 1990 193\u003c\/p\u003e \u003cp\u003eThe Age Discrimination in Employment Act of 1967 194\u003c\/p\u003e \u003cp\u003eThe Immigration Reform and Control Act 194\u003c\/p\u003e \u003cp\u003ePayroll and Direct Deposit Records in General 195\u003c\/p\u003e \u003cp\u003eEmployee Handbook\/Policy Manual 195\u003c\/p\u003e \u003cp\u003eMedical Insurance 195\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Workers’ Compensation Insurance 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat is Workers’ Compensation Insurance? 197\u003c\/p\u003e \u003cp\u003eMonopolistic States versus Nonmonopolistic Workers’ Comp States 200\u003c\/p\u003e \u003cp\u003eCost of Workers’ Comp Coverage 200\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Payroll Security and Internal Controls 207\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eManuals and Procedures 207\u003c\/p\u003e \u003cp\u003eWho Are You Hiring? 209\u003c\/p\u003e \u003cp\u003eInternal Controls 219\u003c\/p\u003e \u003cp\u003eDisaster Recovery 221\u003c\/p\u003e \u003cp\u003eForm 944 222\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: US Citizens Abroad, Resident and Nonresident Aliens, and Illegal Aliens 223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNonresident Alien Services Performed Outside the United States 224\u003c\/p\u003e \u003cp\u003ePaying Nonresident Aliens Inside the United States 224\u003c\/p\u003e \u003cp\u003eExceptions to Mandatory Withholding of FIT on Nonresident Aliens 226\u003c\/p\u003e \u003cp\u003ePaying Illegal Aliens 226\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Other Issues 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProfessional Employer Organization (PEO) 231\u003c\/p\u003e \u003cp\u003eHuman Resource Management or HR 235\u003c\/p\u003e \u003cp\u003eEscheat 235\u003c\/p\u003e \u003cp\u003eTechnology\/Outsourcing 237\u003c\/p\u003e \u003cp\u003eFederal Laws Based on the Number of Employees 238\u003c\/p\u003e \u003cp\u003eThe Employee Handbook\/Policy Manual 242\u003c\/p\u003e \u003cp\u003eConclusion 251\u003c\/p\u003e \u003cp\u003eAppendix: Payroll Tax Calender 253\u003c\/p\u003e \u003cp\u003eGlossary 255\u003c\/p\u003e \u003cp\u003eIndex 285\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e  \u003cp\u003e\u003cb\u003eCHARLES J. READ, CPA,\u003c\/b\u003e has over 40 years of experience in the payroll industry and is the founder of Custom Payroll Associates and GetPayroll. He is a US Tax Court Practitioner, member of the IRS Advisory Council and a United States Marine Corp veteran.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eThe Payroll Book\u003c\/i\u003e\u003c\/b\u003e\u003cb\u003e is the only book that demystifies payroll with clear, concise, and real-world examples on how to tackle the process.\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"\u003ci\u003eThe Payroll Book\u003c\/i\u003e 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.\"\u003cbr\u003e \u003cb\u003e—Marilyn K. Wiley,\u003c\/b\u003e Dean, College of Business, University of North Texas \u003c\/p\u003e\u003cp\u003e\"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, \u003ci\u003eThe Payroll Book\u003c\/i\u003e is an essential tool.\"\u003cbr\u003e \u003cb\u003e —James A. Smith,\u003c\/b\u003e Past President and Chairman, Texas Society of CPAs \u003c\/p\u003e\u003cp\u003e\"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!\"\u003cbr\u003e \u003cb\u003e —Hubert Zajicek,\u003c\/b\u003e CEO, Co-founder and Partner, Health Wildcatters \u003c\/p\u003e\u003cp\u003e\"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.\"\u003cbr\u003e \u003cb\u003e —Romeo Chicco,\u003c\/b\u003e President, PayMaster\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990307684581,"sku":"NP9781119704430","price":29.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119704430.jpg?v=1761787291","url":"https:\/\/k12savings.com\/es\/products\/the-payroll-book-isbn-9781119704430","provider":"K12savings","version":"1.0","type":"link"}