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The Payroll Source T-8 9.1-3 Creditor Garnishments. ..................................................................................................... 9-46 9.1-4 Bankruptcy Orders. ............................................................................................................ 9-50 9.1-5 Student Loan Collections................................................................................................... 9-52 9.1-6 Federal Agency Debt Collections....................................................................................... 9-53 9.1-7 Fair Labor Standards Act Restrictions on Deductions....................................................... 9-55 9.2 Voluntary Deductions......................................................................................................................... 9-57 9.2-1 Wage Assignments. ............................................................................................................ 9-57 9.2-2 Union Dues........................................................................................................................ 9-59 9.2-3 Credit Union Deductions................................................................................................... 9-59 9.2-4 U.S. Savings Bonds............................................................................................................. 9-59 9.2-5 Charitable Contributions. .................................................................................................. 9-60 9.3 Review Questions and Exercises. ....................................................................................................... 9-62 SECTION 10: RECORDKEEPING AND RECORD RETENTION 10.1 Fair Labor Standards Act. .................................................................................................................. 10-2 10.2 Internal Revenue Code....................................................................................................................... 10-5 10.3 Federal Employment Laws................................................................................................................. 10-9 10.3-1 Civil Rights Act of 1964 (Title VII). ................................................................................. 10-9 10.3-2 Age Discrimination in Employment Act of 1967 (ADEA)............................................. 10-11 10.3-3 Government Contractor Regulations. .............................................................................. 10-12 10.3-4 Immigration Reform and Control Act (IRCA)................................................................ 10-12 10.3-5 Family and Medical Leave Act (FMLA). ........................................................................ 10-12 10.3-6 Affordable Care Act. ........................................................................................................ 10-14 10.4 State Unemployment Insurance Laws.............................................................................................. 10-14 10.5 State Wage-Hour Laws.................................................................................................................... 10-15 10.6 Unclaimed Wages............................................................................................................................. 10-17 10.7 Direct Deposit Considerations......................................................................................................... 10-18 10.8 Record Retention Procedures. .......................................................................................................... 10-18 10.8-1 Employee Master File. ..................................................................................................... 10-18 10.8-2 Documents Needed From New Employees...................................................................... 10-19 10.8-3 Record Retention and Storage Methods. ......................................................................... 10-19 10.9 Health Insurance Portability and Accountability Act...................................................................... 10-22 10.10 Review Questions and Exercises. ..................................................................................................... 10-27 SECTION 11: PAYROLL ACCOUNTING 11.1 Accounting Principles......................................................................................................................... 11-2 11.1-1 Account Classifications. ..................................................................................................... 11-3 11.1-2 Account Balances. .............................................................................................................. 11-4 The Payroll Source®