In this course, you will learn:

  • Payroll processing for 99% of companies

  • Understand payroll terms and methods

  • Gain confidence when working with businesses as a payroll processor

Course curriculum

  • 1

    Payroll Made Easy

    • Welcome

    • Business Entities

    • Learning Activity 1: W-9

    • Learning Activity 1: Answer Key

    • Employees

    • Learning Activity 2: W-4

    • Learning Activity 2: Answer Key

    • Earnings

    • Learning Activity 3: Time Cards

    • Learning Activity 3: Answer Key

    • Withholding Employee Taxes

    • Learning Activity 4: Taxes

    • Learning Activity 4: Answer Key

    • Deductions

    • Paying Employees - Time Sensitive Issues

    • Tax Deposits and Filing

    • Learning Activity 5: W-2

    • Learning Activity 5: Answer Key

    • Sample of processing a payroll in a software

    • BONUS webinar on 1099s
  • 2

    Payroll Made Easy Exam

    • Payroll Made Easy Final Exam

Your Instructor

Retired President

Allen Bostrom, CPA

Allen Bostrom, CPA – He was the President/CEO (founded in 1979) until 2014 when he was able to expand his interest in helping accountants become better business consultants, and a stronger support for their employers and small business clients. Since that time, he has trained tens of thousands of accountants, bookkeepers, and tax preparers in practice and client management techniques and strategies.

Universal Accounting School Programs

Catalog Landing page:

https://www.uacourses.com/collections?category=courses

Universal Accounting School’s "Accounting Success is Universal":

Format: Comprehensive training combined with mentorship and business development support.

Content Focus: Not only technical accounting and bookkeeping skills but also tax preparation, business setup, and growth strategies.

Audience: Individuals aiming to build or expand their own accounting or tax preparation business.

Delivery: Blended approach with mentorship, real-world applications, and broader business-building skills.

Scope: Universal Accounting includes business mentorship and entrepreneurial growth.

Support: Universal Accounting offers personal coaching.

End Goal: Universal is designed to create or grow a business in the accounting field.

Payroll Program:

https://www.uacourses.com/courses/uac-payroll-made-easy

Format: Comprehensive course with mentorship.

Content Focus: In-depth payroll processing for small businesses, including tax calculations, and compliance.

Skills Covered: Tax withholding, payroll forms (e.g., W-2, W-4), and business payroll management.

Audience: Individuals or professionals aiming to gain payroll expertise to serve businesses.

Depth: Universal Accounting dives deep into complex payroll management for businesses.

Support: Universal Accounting provides coaching and certification.

Audience Goal: Universal prepares individuals to become payroll professionals with business insights.

PTP Program:

https://www.uacourses.com/bundles/24-tax-trifecta-w-software-ptp

Format: Comprehensive course with mentorship and certification.

Content Focus: In-depth tax planning and preparation for both individual and business clients, with emphasis on running a tax business.

Skills Covered: Advanced tax strategies, tax planning, business tax returns, and representation before the IRS.

Audience: Professionals aiming to become certified tax preparers and business owners.

Depth: Universal Accounting covers advanced tax planning and tax preparation with business development strategies.

Support: Universal offers coaching, mentorship, and certification.

Audience Goal: Universal prepares individuals to run a professional tax business.

Universal Accounting provides a more comprehensive approach for those aiming to build a business.

Universal Accounting Tax Planning & Preparation: Goes deep into tax planning for both individuals and businesses, covering additional forms such as 1120 (corporate), 1065 (partnership), and Schedule C for self-employed individuals.