WORK PROGRAM
Fiscal Manager Training
Module 1 of the training will cover:
Section 1 – Household Employers Tax Guide, Publication 926.
Federal Employment Identification Number
Federal Reporting Requirements
Section 2 – Kansas Withholding Tax Guide, Publication KW-100
Kansas Tax Account Number
State Reporting Requirements
Section 3 – Federal and State Unemployment Insurance
Section 4 – Workers Compensation Insurance
Module 1 Learning Objectives
Section 1 Federal Employment Tax and Employer Liability - When you have completed this section, you should have a good working knowledge of:
- When, how and how much Federal tax to withhold from an employee’s paycheck
- What the employer’s obligation is related to Social Security and Medicare tax withholding
- When, how, and how much Social Security and Medicare tax to withhold from an employee’s paycheck
- Documentation required to pay and report federal withholding tax, Social Security and Medicare withholding
- What is Federal Unemployment Tax (FUTA)
- How much FUTA you must pay as an employer
- How to report FUTA Tax payments
- Completing and filing the necessary documents in order to be recognized as an employer by the federal government (IRS)
Sections 2 – 4 State Employment Tax and Employer Liability - When you have completed these sections, you should have a good working knowledge of:
- Completing and filing the necessary documents in order to be recognized as an employer by the state of Kansas
- When, how and how much State Tax to withhold from an employee’s paycheck
- Documentation required to pay and report state withholding tax
- Determining if you are obligated to pay state unemployment tax
- Forms and timelines required by the state of Kansas Department of Labor
- How much state unemployment tax you are required to pay
- How to report state unemployment tax payments
- What workers compensation is, and how it affect employers and employees
- How to elect to cover employees when the employer is not obligated by state law to maintain workers compensation insurance.
Module 2 of the training will cover:
Employers Rights and Responsibilities
Additional Resources include:
Sample forms
Federal, State and Local Resources
Additional Publications and Forms
Suggested Accounting Packages