BA 177 Payroll Accounting
Designed to teach, reinforce and supplement payroll skills in both manual and computerized formats.
Prerequisite
Prerequisite:
BA 111 Practical Accounting I or
BA 211Z Principles of Accounting: Financial with a grade of C or better
Notes
Career Technical Education (CTE) Course
Outcomes
Upon successful completion of this course, students will be able to:
Compute the income tax withholding from employee wages. Calculate employee's withholding allowances for IRS Form W-4. Determine employer's quarterly estimated payments. Describe how the Federal Insurance Contributions Act (FICA) is applied by employers. Describe the federal deposit system and how the Electronic Federal Tax Payment System is used by employers. Describe the difference between employees and independent contractors.