21 Progression Series - 6

3
THE EXEMPT EMPLOYEE
 	Coverage under the FLSA
 	White collar exemptions
	 -	Administrative
	 -	Executive
	 -	Professional
	 -	 Outside sales
 	White collar exemption issues
	 -	 Highly compensated employees
	 -	 Salary basis
	 -	 Allowable and improper 		
		deductions
 	Collective bargaining agreements
 	Managing wage and hour 		
	investigations
 	Public contract acts
	 -	 The Walsh-Healy Public 		
		Contracts Act
	 -	 The Davis-Bacon Act
	 -	 The Contract Work Hours and
		 Safety Standards Act
	 -	 The Service Contract Act
	 -	 The Copeland Anti-Kickback Act
FAMILY AND MEDICAL LEAVE ACT
 	Eligibility and covered employers
 	Types of leave
 	Notification requirements
 	Intermittent leave
 	Job restoration
 	Benefits continuation
	 Interaction of FMLA, cafeteria 		
	 plans, and COBRA
FEDERAL TAX REPORTING
CORRECTIONS/ADJUSTMENTS
 	Correcting and replacing
	 Forms W-2
 	Completing Form W-2c
 	Completing Form W-3c
 	Adjustments for overpayments
	 and underpayments
 	Completing Form 941-X
 	Reconciling wages and taxes
 	Special wage payment reporting
 	Electronic filing
TAXATION OF EMPLOYER-PAID
BENEFITS
 	Business travel expenses
 	Stock options
© 2021 API Fund for Payroll Education, Inc.

ADVANCED PAYROLL
CONCEPTS
Course Outline*
	 -	 Incentive stock options
	 -	 Employee stock purchase plans
	 -	 Nonqualified stock options
 	Nonqualified deferred 			
	compensation
	 -	 Income taxation and 	reporting 	
		 under Section 409A
	 -	 Social security and Medicare 	
		 taxation and reporting
	 Health and welfare plans
	 -	 Health insurance tax treatment
	 -	 Benefits for same-sex spouses 	
		 and domestic partners
	 -	 Health Savings Accounts
	 -	 Health Reimbursement 		
		Arrangements
	 -	 Qualified Small Employer 		
		 Health Reimbursement 		
		Arrangements
	 -	 Paying COBRA
	 Affordable Care Act and
	 large employers
	 -	 Full-time employees
	 -	 Applicable large employer status
	 -	 Employer shared 			
		responsibility payments
	 -	 Completing Forms 1094-C 		
		and 1095-C
 	Whole-life insurance
 	Adoption assistance
 	Advances and overpayments
EXPATRIATE TAXATION OVERVIEW
 	Defining expatriates
 	Federal income tax withholding
 	Foreign earned income and 		
	 housing cost exclusions
 	Social security, Medicare, and
	 FUTA taxation
	 U.S. income tax treaties
	 Totalization agreements
 	Tax reimbursement policies
 	Shadow payrolls
RESIDENT AND NONRESIDENT
ALIENS
 	Definition of alien status

6

	 Taxation overview
	 Form W-4 requirements
	 Federal income tax withholding
	 Social security and
	 Medicare taxation
	 Forms 1042, 1042-S, and 1042-T
SPECIAL PAYROLL TOPICS
 	Paycards and paycheck issues
 	Identity theft and the use of SSNs
 	Non-tax deduction reporting
	 -	 Charitable contributions
 	Escheatment
 	Census reporting
 	Multiple worksite reporting
 	Pension payments and 		
	withholding
 	Holder in due course
PAYROLL SYSTEMS
 	Developing a process, procedures, 	
	 and policies manual
 	Interfaced vs. integrated system
 	System implementation process
 	Maintaining the payroll system
 	Workflow
 	System updates
 	Post project plan review
PAYROLL DEPARTMENT
OPERATIONS
 	Internal controls
	 -	 Phantom employees
	 -	 Segregation and rotation
		 of job duties
 	Recordkeeping
 	FLSA enforcement and penalties
 	Sarbanes-Oxley Act compliance
 	HIPAA records confidentiality
 	Management practices
 	Update department processes
LEADING A PAYROLL
DEPARTMENT
 	Leadership concepts
	 Management practices
	 and theories
 	Customer satisfaction surveys
*Program is subject to change without notice.



21 Progression Series

Table of Contents for the Digital Edition of 21 Progression Series

21 Progression Series - 1
21 Progression Series - 2
21 Progression Series - 3
21 Progression Series - 4
21 Progression Series - 5
21 Progression Series - 6
21 Progression Series - 7
21 Progression Series - 8
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