At B&B CPA, we understand the importance of efficient payroll processing to optimize productivity and manage resources effectively. A seamless payroll system is vital to avoid issues like fines for misaligned records and inaccurate tax calculations. Our dedicated team specializes in providing tailored payroll solutions.
We simplify your payroll process with a streamlined approach, ensuring fast, easy, and accurate processing that saves you time and money. Using advanced technology and organized cloud storage, your payroll data remains secure and easily accessible. Trust us to deliver error-free, results-oriented services.
Why Outsource Your Payroll?
01 Time Savings
Reclaim valuable time from complex payroll management to focus on core business activities like growth and customer service.
02 Cost Savings
Eliminate costs associated with in-house payroll staff, infrastructure, and resource allocation – a significant saving for Small businesses.
03 Error Avoidance
Mitigate risks of costly penalties from incorrect tax calculations or late filings by relying on our expert, compliant processing.
04 Peace of Mind
Gain confidence knowing your payroll data is secure, accessible, and managed by experienced professionals adhering to best practices.
What We Offer
- Accurate calculation of wages, salaries, deductions, and remittances.
- Timely processing and disbursement via direct deposit or cheque.
- Preparation and filing of all required payroll tax forms (T4s, T4As, ROEs).
- Compliance with federal and provincial employment standards and regulations.
- Secure online portal for employee access to pay stubs and tax forms.
- Integration with leading accounting software (QuickBooks, Xero, etc.).
- Dedicated support from experienced payroll specialists.
- New corporation setup assistance related to payroll.
Frequently Asked Questions
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How does outsourcing payroll save my business money?
Outsourcing eliminates the need for dedicated payroll staff salaries, benefits, office space, software costs, and training. It also prevents costly errors and penalties associated with incorrect filings or calculations.
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What information do I need to provide to get started?
We'll need your business information (legal name, address, CRA business number), employee details (names, addresses, SINs, pay rates, deductions), and banking information for direct deposits and tax remittances.
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How are payroll taxes handled?
We accurately calculate all required federal and provincial payroll taxes (CPP, EI, income tax) and remit them to the appropriate government agencies (like the CRA) on your behalf by the deadlines.
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Can you handle different pay schedules (weekly, bi-weekly, monthly)?
Yes, we can accommodate various pay frequencies, including weekly, bi-weekly, semi-monthly, and monthly schedules, tailored to your company's needs.
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How do employees receive their pay stubs?
We provide secure online access for employees to view and download their pay stubs and year-end tax forms (T4s/T4As) at any time.
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What about Records of Employment (ROEs)?
We prepare and submit Records of Employment electronically to Service Canada whenever an employee experiences an interruption of earnings, ensuring compliance.
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Is my payroll data secure?
Absolutely. We use industry-leading secure software and encrypted communication channels, adhering to strict confidentiality protocols to protect your sensitive employee and company data.
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Can you integrate payroll data with my accounting software?
Yes, we ensure seamless integration with popular accounting platforms like QuickBooks, Xero, and others, providing accurate journal entries for your general ledger.
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What support do you offer if I have questions?
You will have a dedicated payroll specialist as your point of contact, available via phone or email to answer any questions promptly during business hours.
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Do you handle payroll for businesses outside of Brampton/Woodbridge/Ontario?
Yes, while based in Woodbridge-Vaughan, we provide remote payroll services for businesses across Ontario and Canada, ensuring compliance with all relevant provincial and federal regulations.