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Payroll and Tax Fundamentals

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  • 4.7
  •  |
  • Reviews ( 121 )
Free

This Course Includes

  • iconcoursera
  • icon4.7 (121 reviews )
  • icon5 hours
  • iconenglish
  • iconOnline - Self Paced
  • iconcourse
  • iconAutomatic Data Processing, Inc. (ADP)

About Payroll and Tax Fundamentals

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.

What You Will 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..