COURSE DESCRIPTION:

A study of payroll tax procedures, taxing entities, and reporting requirements of local, state, and federal taxing authorities in a manual and computerized environment. 

ACNT 1329 – Payroll & Business Tax Accounting does not qualify for meeting the requirements for accounting courses required to take the CPA exam. Please consult with your instructor immediately if you desire to become a CPA in Texas.

Course Prerequisite: ACNT 1304 – Introduction Accounting II or consent of instructor is a prerequisite to this course. Basic computer skills utilizing internet, word processing, and spreadsheet (Excel) software are recommended for all accounting courses. If you have any questions, consult with an accounting advisor. Degree seeking students are required to have a minimum score on the reading and math portions of the TSI test. Certificate students must meet the Level 1 requirements. There are several exemptions and waivers to these requirements. Please consult the course schedule, assessment website, catalog, and/or contact an advisor to confirm your prerequisite status.

Payroll Accounting, 2024 Edition—with CengageNOWv2 (CNOW) Access

Bernard K. Bieg & Judith Toland

ISBN: 978-0-357-90105-2 (Student Edition)

ISBN: 978-0-357-90106-9 (Loose Leaf Edition)

This course is part of ACC's "First Day Access” program. ACC has partnered with the bookstore and the publisher to provide you with digital course materials on the first day of class at a discounted rate. The cost of the course materials will be included as an additional charge when you register.

If you participate in the "First Day Access" program, you will gain access to the eBook and CengageNow through my Blackboard site. You will use CengageNow for a variety of assignments including homework and labs. CengageNow is an integrated, online learning system that gives you 24/7 access to your study tools and required assignments. CenageNow’s study tools provide access to practice exercises and tutorials.

If you acquire the eBook as part of your registration, you will have the option to buy a loose-leaf paper version of the book for an extra fee through the local Austin bookstores.

If you do not wish to participate in the program, you may "Opt Out". If you "Opt Out" of receiving and paying for your materials via this program, you will be responsible for obtaining those on your own. Instructions for “opting out” will be available on my Blackboard site.

Do not go to the publisher website to purchase this text or to join the trial period! You purchased both the eBook and Connect when you registered.

To recap, there are three options:

1. All Digital Access at the time of registration: E-book and CengageNow.
2. Digital Access with a Physical Textbook: Students who participate in the program will be eligible to purchase a low-cost print upgrade in the ACC bookstore for an additional cost.
3. Independent purchase of textbook with CengageNow: If you have purchased a used textbook or have "Opted Out" of the program, you must still purchase an access code for CengageNow.

Chapter 1: The Need for Payroll and Personnel Records

Chapter 2: Computing Wages and Salaries

Chapter 3: Social Security Taxes

Chapter 4: Income Tax Withholding Supplement

Chapter 5: Unemployment Compensation Taxes

Chapter 6: Analyzing and Journalizing Payroll

Chapter 7: Payroll Project

Course Objectives:

Upon completion of this course, the student will be able to:

1. Evaluate the need for the payroll profession, and the acts that accompany the profession.
2. Formulate payroll entries.
3. Evaluate and formulate social security taxes.
4. Evaluate and formulate Income tax withholding.
5. Formulate FUTA & SUTA (unemployment) taxes.
6. Create the payroll register and formulate payroll.