Payroll and Tax Fundamentals

This module, "Payroll and Taxes for the Employee," provides essential insights into the hiring process, payroll date calculations, various forms of earnings, tax basics, and deductions. It covers the importance of accurate personal information, payment methods, and other employee benefits. Learners gain practical knowledge to manage their finances effectively within an organization.

The module "Earnings, Taxes, and Deductions" focuses on common earnings, tax withholdings, deduction calculations, and payment methods. It provides comprehensive coverage of pre-tax and post-tax deductions, payroll taxes, social security, and Medicare. Learners gain practical knowledge in calculating overtime pay, deductions, and understanding different earning types.

In the module "Net Pay, Benefits, and Pay Statement Details," learners explore net pay, payment methods, other employee benefits, and pay statement details. The module covers annual limits, W-2 form, and various payment methods. Learners gain in-depth knowledge of calculating W-2 amounts, payment methods, and understanding the components of the W-2 form.