BA 177 - Payroll and Tax Procedures

3 Credit(s)

Prerequisite(s): BA 131 and BA 211

Recommended Prerequisite(s): BA 285 or CIS 125SS

Course Description: Emphasizes understanding of the federal and state payroll laws and regulations, calculating earnings and deductions, preparing payroll records, understanding and preparation of federal and state payroll tax deposits and tax returns, and accounting for payroll.

Course Level: Lower Division Collegiate

Course Learning Outcomes:

CLO#1: Describe the duties and responsibilities of the payroll professional, defining payroll accounting and the steps involved in the payroll accounting process.
CLO#2: Describe United States employment and tax law regarding payroll including record-keeping requirements.
CLO#3: Manually calculate gross pay and correct hours including regular, overtime, and holiday considerations for employees. Determine before and after tax deductions including salary reduction and cafeteria plans.
CLO#4: Calculation of FICA taxes and Federal, State, and local income tax withholdings. (ILO: Quantitative Literacy and Reasoning)
CLO#5: Prepare Payroll Register and Employee Earnings Records manually and on Excel. Record Payroll Journal entries.
CLO#6: Apply the Federal Tax Deposit Rules for 940 and 941 taxes and the state deposit rules and filing requirements. Prepare form 940 and understand the purpose and filing requirements.
CLO#7: Calculate state and federal unemployment liabilities.
CLO#8: Understand what worker’s compensation insurance looks for and calculate worker’s compensation.
CLO#9: Preparing year-end reports including W-2 and W-3 forms and other year-end State reports.
CLO#10: Analyze and discuss payroll related word problems; and respond to the comments of others.