Tax Preparation Services, Tax Services and Bookkeeping Services

Payroll Services in Dryden

Timson Tax & Bookkeeping Service offers businesses small and large astute and comprehensive payroll services.

For payroll solutions that leave you with more time to run your business, contact us today at (807) 223-7984!

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Located in Dryden servicing Dryden, Sioux Lookout and Red Lake

Timson Tax & Bookkeeping Service’s Comprehensive Payroll Services

We’re pleased to provide business owners with payroll services that cover all their bases. We’ll meticulously assess your current system and pinpoint areas for improvement. Our professional insight will increase productivity, simplify administrative duties, and ensure your payroll needs are completed on time, every time. With us, it’s as straightforward as that.

Accurate Payroll Services

All businesses, regardless of their size, are subject to CRA regulations. Failure to comply with these regulations can result in penalties, fees, and fines. Whether you’ve made unintentional mistakes in the past, or you’d like to be absolutely certain your payroll is currently compliant, our professionals are here to eliminate discrepancies and bring your payroll up to snuff.

Save Time with Our Payroll Experts

The administrative requirements for accurate payroll are significant. Much more than writing a cheque, business owners who manage payroll on their own must keep organized records, calculate deductions and remittance, and submit on time.

By outsourcing your payroll system to us, we’ll make sure the job is done correctly and efficiently. You’ll be able to focus your attention on other growth-oriented and revenue-generating aspects of your business.

Common Payroll Mistakes

No matter the industry of your business, in our experience, business owners across the board unintentionally fall into some common mistakes when managing payroll themselves. Unfortunately, mistakes in processing payroll taxes, regardless if they were intentional or not, can lead to unnecessary stress, hefty fines or penalties, and lost hours of productivity. Some of the issues we assist our clients in rectifying are:

Inaccurate / missing T4 slip filing.
Failure to file the annual T4 slips, filing inaccurate slips. We often find that a company will supply employees with the annual T4 but neglect to actually file the summary with Revenue Canada.Un filed T4 summaries can lead to significant consequences.

ROE’s.
Records of Employment are required to be filed with Service Canada in a timely manner when an employee leaves you company regardless of the reason for leaving.

Not calculating source deductions correctly.
Payroll mandates meticulous calculation of source deductions. Software programs will make those calculations, but only if the software is updated regularally. Even a minor discrepancy can lead to missed remittances. Our representatives are experienced in identifying and correcting such issues.

Not remitting source deductions on time.
In addition to accurate calculations, payroll requires timely and routine remittance. Late and/or missed deadlines can result in penalties and interest that increase over time. Make sure you file your employee contribution and company portion and make your payment on time, with the help of our superior organizational skills.

Missing or incorrect documentation.
For businesses that hire subcontractors or outside companies, an extremely common problem is failing to issue the appropriate forms. For details about the implications for your particular business, contact our professionals.

Get Help for Payroll Problems

Payroll issues don’t have to be dealt with alone. Our specialists have a reputable track record for helping businesses of all sizes solve their payroll issues. We can provide you with payroll issues help. We have services and information that can guide you through your payroll issues, and make sure you’re better equipped to avoid them in the future.

Contact Us for Expert Payroll Help in Dryden

Don’t delay dealing with your payroll. Contact us now for in-depth, thorough payroll solutions.

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