Synopsis
QuickBooks: Managing Taxes shows how to withhold and pay employee taxes create tax reports and account for income taxes in QuickBooks.

Audience
This course is for anyone who requires a business accounting program and wants to get the most out of using QuickBooks.

Time
3 hours

Product Code: QBKC09
After completing QuickBooks: Managing Taxes the user should be able to:

Manage W-2s
Manage employee taxes
Pay withheld taxes
Print tax forms
Create tax reports

Working with W-2s and the Payroll Tax Table
Working with W-2s and W-3s
Updating the Payroll Tax Table

Setting Up Employee Taxes
Federal Taxes
State Taxes
Other Taxes

Withholding Taxes
Creating checks to pay taxes
Supplying wage base information for state taxes

Creating Tax Payroll Items and Tax Forms
Payroll items that withhold state taxes
Creating a new tax payroll item
Preparing and printing form 941
Preparing and printing form 940

Tax Reports
Reports that help with tax corrections
Creating a report of state payroll taxes

Accounting for Income Taxes
Assigning tax lines
Income tax reports

This course has the following features:

Exercises that allow users to practice in QuickBooks 6.0
A file containing the text of the exercises
Simulations that allow users to practice course skills even if they don't have access to QuickBooks 6.0
A course index
A glossary
A Skill Assessment

QuickBooks: The First Time in QuickBooks (QBKC01)
QuickBooks: Setting Up Accounting (QBKC02)
QuickBooks: Entering Historical Data (QBKC03)
QuickBooks: Managing Accounts and Lists (QBKC04)
QuickBooks: Invoices and Sales Tax (QBKC05)
QuickBooks: Paying Bills (QBKC06)
QuickBooks: Managing Assets and Reports (QBKC07)
QuickBooks: Paying Employees (QBKC08)

QuickBooks is a registered trademark of Intuit Inc.