Mastering Payroll

This class was created by Brainscape user Erinne M Perry. Visit their profile to learn more about the creator.

Flashcard maker: Erinne M Perry

Decks in this class (10)

Section 1 - Employees vs. Nonemployees
To ensure students understand the different classifications of workers and which workers are subject to which taxes.
60  cards
Section 2 - Federal and State Wage Hour Law
To ensure students understand how employees should be treated when Federal and State wage-hour laws conflict.
0  cards
Section 3 - Paying Employees Under Federal Law
To ensure students understand how to pay employees correctly based on the Federal minimum and overtime rate laws.
0  cards
Section 4 - Employment Records and Payroll Recordkeeping
To ensure students understand how long employment and payroll documents should be retained based on laws.
0  cards
Section 5 - Employee Data: Form W4 and State withholding allowance certificates
To ensure students understand the purpose of the W-4 and how one's marital status and number of allowances claimed affects how much Federal / State Income tax is withheld.
0  cards
Section 6 - How employees withhold and deposit federal taxes
To ensure students understand how employers determine how much taxes should be withheld and when they must make deposits to agencies.
0  cards
Section 7 - Federal Employment Reporting Forms and Due Dates
To ensure students know which Federal Forms need to be filed, with which agency and the deadline by which returns must be submitted.
0  cards
Section 8 - When wages become taxable
To ensure students understand the concept of constructive receipt.
0  cards
Section 9 - Other Reporting Rules
To ensure students understand the other reporting requirements and returns employers subject to payroll must complete with the Federal and State.
0  cards
Section 10 - Payroll Journal Entries
To ensure students understand how to record the payroll distribution (employees pay and deductions) and payroll tax expense (employers portion of taxes; eg. matching FICA, FUTA, SUTA.
0  cards

More about Mastering Payroll

  • Class purpose General learning

The creator of this class did not yet add a description for what is included in this class.

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer.

Looking for something else?

Introductory Sommelier Exam (CMS)
  • 40 decks
  • 1,551 flashcards
  • 835 learners
Decks: Viticulture, Vinification, Tasting How To Do It Deductively, And more!
Payroll 1
  • 12 decks
  • 96 flashcards
  • 4 learners
Decks: Opening, Cpp, Ei Premiums, And more!
NEWA - CMS Master Sommelier Study
  • 60 decks
  • 5943 flashcards
  • 57 learners
Decks: 1855 Classification, Graves Classification, Classification Of St Emilion Second Labe, And more!
Patrol Entry Test
  • 15 decks
  • 243 flashcards
  • 2 learners
Decks: Phonetic Alphabet, 10 Codes, 11 Codes, And more!
Make flashcards