Instructor: UGotClass Mastering Payroll Certificate Learn payroll fundamentals, including rules and regulations, tax requirements, calculations, withholdings, filings, and journal entries. Gain a complete understanding of the payroll cycle from start to finish, even if payroll is outsourced. This certificate is comprised of the following three classes. You may register for each class individually, or you may register for the certificate at a discount. Payroll Concepts Understand payroll classifications for employees and contractors, including exempt vs. nonexempt status. Learn pay periods, required payroll documents, overtime and travel rules, 1099 reporting requirements, and IRS record retention rules. Payroll Calculations & Tax Withholdings Learn how to calculate employee earnings, gross pay, and net pay. Understand mandatory and voluntary deductions, and how to determine employee tax withholdings and employer payroll taxes. Payroll and Tax Filings Learn employer state and federal tax filings, how to prepare and interpret payroll registers, and how to record payroll journal entries. Also explore payroll service companies and the benefits of outsourcing payroll.