Even if a vendor or in-house system runs your payroll, you need to understand gross pay, taxable gross, pre- and post-tax deductions and order of precedence to check the results. This 60-minute payroll calculation training walks through each step.
You'll calculate base-to-gross wages for several scenarios, including employees with different hourly rates for different jobs, blended rates and the regular rate of pay. You'll see why an employee earning $1,000 a period may have a taxable gross of $920, and how state rules on pre-tax deductions change the answer.
The session then covers gross-to-net, voluntary and scheduled deductions and their limits, supplemental rates, and federal withholding using the current Form W-4 and Publication 15-T.
WHY SHOULD YOU ATTEND?
The rules on taxable, non-taxable and pre-tax earnings and deductions are hard to follow, and errors frustrate employees. Knowing how to calculate pay lets your team verify vendor results and answer employee questions.
This session suits payroll associates and supervisors, even those with only a few hourly workers.
AREA COVERED
- Taxable vs salary and hours
- Pay frequency
- Blended rates
- Regular rate of pay calculation
- Exclusions from taxable wages
- State differences in taxable calculations
- Additions to and subtractions from the rate
- Taxable items not subject to withholding
- Voluntary and scheduled deductions and deduction limits
- Gross-to-net calculation
- Federal tax using the current Form W-4 and Publication 15-T
- Federal and state supplemental rates
- State withholding changes after the redesigned W-4
LEARNING OBJECTIVES
- Calculate the regular rate of pay, including blended rates
- Distinguish gross pay from taxable gross
- Apply state differences in taxable wage calculations
- Work through gross-to-net, including deduction limits
- Calculate federal tax with Publication 15-T and the current Form W-4
- Know when to use supplemental rates
WHO WILL BENEFIT?
- Payroll Associate
- Payroll supervisor
The rules on taxable, non-taxable and pre-tax earnings and deductions are hard to follow, and errors frustrate employees. Knowing how to calculate pay lets your team verify vendor results and answer employee questions.
This session suits payroll associates and supervisors, even those with only a few hourly workers.
- Taxable vs salary and hours
- Pay frequency
- Blended rates
- Regular rate of pay calculation
- Exclusions from taxable wages
- State differences in taxable calculations
- Additions to and subtractions from the rate
- Taxable items not subject to withholding
- Voluntary and scheduled deductions and deduction limits
- Gross-to-net calculation
- Federal tax using the current Form W-4 and Publication 15-T
- Federal and state supplemental rates
- State withholding changes after the redesigned W-4
- Calculate the regular rate of pay, including blended rates
- Distinguish gross pay from taxable gross
- Apply state differences in taxable wage calculations
- Work through gross-to-net, including deduction limits
- Calculate federal tax with Publication 15-T and the current Form W-4
- Know when to use supplemental rates
- Payroll Associate
- Payroll supervisor
Speaker Profile
Merle Capello
Merle Capello is an experienced Payroll Professional who can manage, train and elevate team members, enhancing their skills so that they can be leveraged to benefit clients. Merle is a professional who works to improve processes, by additional knowledge and conforming to rules of compliance. She is also an experienced procedure and policy developer who works to leave a better team behind than the one she finds. Merle is a subject matter expert on compliance, payroll taxes, work rules and payroll best practices. Merle, offers consulting services for those who need a professional's advice and counsel. In her more than …
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