Payroll Services
Payroll Management
As an employer or payer, you are responsible for deducting Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums and income tax from remuneration or other types of income you pay, remitting them to Canada Revenue Agency and reporting them on the applicable slips. Employers need to ensure salary payments are made accurately and on time to maintain a good working relationship with their staff. However, the pressures of keeping up to date with legislation and software can pose challenges. Our team is expert in transferring data seamlessly and taking control of clients’ payroll. We can serve payroll services through softwares like ADP, Wagepoint, T Sheets
As a full service accounting practice, RIAA’s provides our clients with a full service payroll solution.
· We can calculate and prepare you weekly, bi-weekly or monthly payroll, including your standard deductions, vacation pay, statutory holidays and bonus or commission pay.
· We calculate payroll tax remittances.
· We prepare, reconcile, and issue your T4 statements at the end of the year.
· We register you with WSIB to protect you from any claims related to a business injury.
· We prepare and file your EHT and WSIB returns.
· We make sure you are fully complied with the Ontario Ministry of Labour requirements.
Benefits of Outsourcing your Payroll
· Cost Effective — Use your staff more efficiently by letting us handle payroll and the associated legal details. Reduce overhead by removing the need to hire specialized employees.
· Time Saver — Our payroll service eliminates the burden of customizing, updating and maintaining your own payroll system – no more data entry, no more researching updates or new laws, no more worries.
· Worry-Free Payroll Tax Filing — Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you. Federal and provincial payroll tax laws are frequently changing and becoming more complex. How much time do you want to spend learning all the rules and keeping your information up to date?
· Allows You to Focus on Core Competencies — Our professional staff allows you to focus on the core competencies of your business. We are accounting professionals – you get the experts working for you and with you.
Would you like to talk about Payroll Management?
Call us at (905)-230-4514 or email us at [email protected]