Payroll & Year-End Reporting
Timely, Compliant, and Stress-Free Payroll.
What We Do:
We manage employee payroll, deductions, and benefits accurately while ensuring compliance with federal and provincial/state laws. We also handle all year-end filings like T4s, W2s, and 1099s. In addition, we provide detailed reporting and analytics to give you insights into your payroll data. These reports help you track labor costs, monitor tax liabilities, and make informed decisions to optimize your workforce management strategy. Our customizable solutions ensure that you have the information you need, when you need it, all while maintaining complete transparency and accuracy.
How We Do It:
We use secure, cloud-based platforms to automate your payroll, calculate withholdings, and issue employee slips on time. We also track vacation, bonuses, and tax changes as part of ongoing compliance. Our system provides detailed reporting and analytics tools to help you make informed payroll decisions. From workforce costs to tax reports, these insights empower business owners and HR teams to identify trends, optimize budgets, and ensure transparency across all payroll activities.
How It Helps Your Business:
- Ensures on-time payroll and happier staff
- Avoids penalties due to missed or inaccurate filings
- Reduces admin workload and saves hours each month
- Improves accuracy with automated calculations and compliance updates
By leveraging automated processes and staying updated with the latest tax and compliance regulations, payroll systems significantly enhance accuracy. This minimizes the risk of costly errors while offering peace of mind, ensuring every detail is meticulously handled without manual intervention.
Examples:
- For one of our 'Clinic and Aesthetics' group client, they were having Contractors payment, and not Employees on W2. Their intention was to save the Employer Payroll taxes. Because of this, they were not able to claim the Qualified Business Income Deduction, which could be upto 20% of the Net Income from that business. We planned the payroll structure for them, and maximized tax savings by $58,000 for that particular year, and more savings for the future years.
- A catering company reduced payroll processing time by 70% after switching to our automated platform.
Try Us Risk-Free
We believe in earning your trust, not asking for it. That’s why we offer:
✅ 1 Month of Complimentary Service for qualified new clients
✅ Free Audit of Your Last 3 Months of Books
No pressure, no obligation. Just clarity!