Payroll and Tax Fundamentals
- Offered byCoursera
Payroll and Tax Fundamentals at Coursera Overview
Duration | 5 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Beginner |
Official Website | Explore Free Course  |
Credential | Certificate |
Payroll and Tax Fundamentals at Coursera Highlights
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Payroll and Tax Fundamentals at Coursera Course details
- What you'll learn
- The learner will explore fundamental aspects of payroll, including earnings, taxes, deductions and the significance of accurate personal information.
- Explore other employee benefits and look at pay statement details and the W-2, enhancing the understanding of income reporting.
- The importance of payroll date calculations and payment methods.
- Using the pay statement as our roadmap, this course covers the basics of payroll that everyone who receives a paycheck should know. Starting with your classification as an employee, you'll learn why certain new hire forms are required; how to calculate various payroll amounts, including gross and taxable wages, deductions, and certain taxes; how pretax deductions and benefits impact your taxes; and how your pay statement year-to-dates are used to generate a W-2. All this so you can make sure you are being paid accurately.
Payroll and Tax Fundamentals at Coursera Curriculum
Payroll and Taxes for the Employee
Introducing the Common Law Test
Employee or Independent Contractor
FLSA and Overtime
White Collar Exemptions
Minimum Wage
Employee Forms: Form I-9
Employee Forms: Form W-4
When a New Form W-4 is needed
Payroll Related Dates and Pay Frequencies
Scenario: Payroll Dates
About This Course
Payroll Differences
Rules and Exemptions - Resources
Form Resources
Types of Workers
Form I-9 for Identity & Eligibility to Work
Acceptable Documents Activity
Important Points on Form W-4
Payroll Related Dates
Pay Frequency and Pay Calculations
Calculating Overtime Hours Activity
Federal or State? Which overtime rule should you follow?
Introduce Yourself!
Let's Discuss
Earnings, Taxes, and Deductions
Common Earnings
Methods for Calculating Overtime Pay
Overtime and Overtime Premium Pay
Federal Tax Withholdings
Common Deductions
Deduction Calculations
Pre-tax and Post-tax Deductions
Resources
Another Look: Calculating Overtime Pay
A Closer Look at Payroll Taxes
Social Security and Medicare
Examples: Pre-tax and Post-tax Deductions
Earnings: Exempt / Non-exempt
Review: FLSA Overtime Rules
Calculating Overtime Hours
Appropriate Tax Rate
Social Security Tax Activity
Calculate Taxable Wages and Deductions
Earning Types
Calculate Social Security and Medicare
Calculating Deductions
Calculating Gross Pay
Deductions are Statutory or Non-statutory
Common Deductions Taxability Review
Net Pay, Benefits, and Pay Statement Details
Calculating Net Pay
Types of Payment Methods
Other Benefits on Your Pay Statement
Pay Statement Details
Explore and Review a Pay Statement
All About Form W-2
Annual Limits
Wrap-up!
Net Pay
Payment Methods
Benefits
Calculate the Form W-2 Amounts
Payroll and Taxes - You're the Employee!
Payment Methods
Form W-2
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Payroll and Tax Fundamentals at Coursera Admission Process
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