Payroll Services Toronto

Q: Where are you located?

We have offices in Toronto , Mississauga , Oakville , Waterdown & Hamilton also in Grand Rapids , Michigan .

Drive your business growth with advanced payroll services in Toronto!

Comprehensive payroll solutions Toronto

Join hands with us today for a worry-free payroll experience and unlock more opportunities for success.

Direct Deposit payment to employees
Online employee portal for payslips & tax slips
T4 slips, ROE & T4 Summary filing
CRA remittance payments
Salaried, time-based or commission-based pay

FREE CONSULTATION

Customized Payroll Services in Toronto

Our payroll specialists have extensive experience managing the entire payroll system. They have experience working with small to large organizations and are knowledgeable about business payroll management and processing. We will assign you a dedicated accountant to help you with payroll and related tax filings.

One Accounting offers bookkeeping services and accounting services, as well as tax planning and filing, financial statement creation, and business consulting. You can concentrate on business growth while we manage all the accounting and payroll processing. Get a Free Consultation from our expert accountants to discuss your accounting and payroll needs.

Bookkeeping
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Corporate Tax Services

Payroll
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Personal Tax
Accountants

Enhance Your Business With Our Payroll Services

We understand how difficult it is to keep up with all of the changes in tax rules and regulations.

Pay your employees using Direct Deposit.
Online portal employees to access their payslips & tax slips (T4).
Remittance payments to the CRA (based on your registered interval).
Prepare T4 slips for Employees.
Filing T4s with CRA
Record of Employment (ROE) preparation & submission, Vacation pay & Statutory pay calculations
Payroll for salaried, hourly, or commission-based staff
WSIB & Employer Health Tax (EHT) Filings
Utilize Cloud Software For Tracking Vacation Days.
Eliminate the complexities of tax calculations, deductions, and employee benefits.

Testimonials

What Our Clients Say

"Very knowledgeable and simple to collaborate with. Wonderful Business!!!"

Diane CochraneFounder & CEO, Stocked Cellars

"Outstanding level of service. Highly recommend"

Layth Ashoo Managing Partner, Golden Spruce Capital

"Very knowledgeable and easy to work with. Great company !!!"

Steve AllenDirector Of Operations, Knew Sales Group

"We have been getting our taxes filed, books maintained from one accounting and the kind of understanding they have, the way they explain about taxes is really amazing and helpful!"

Pulkit DhandaWhiterose Janitorial

"Very professional and friendly service. Would highly recommend to all my friends."

Smitha MaryWellCare Urgent Care

Toronto payroll services for small businesses

We provide a wide variety of services, from bookkeeping services and accounting to payroll services. Our professional accountants have assisted multiple companies, so you can rely on us to handle your payroll correctly every time.

One Accounting provides advanced payroll services, bookkeeping services, personal tax and corporate tax services in Oakville, Toronto, Hamilton and other areas of Ontario

Top Questions Asked About Our Payroll Services in Toronto

What is payroll accounting?

Payroll accounting is the process of calculating, recording and managing employee compensation, including wages, taxes, deductions, and benefits within an organization.

It helps in accurate payment to employees while adhering to relevant tax and labour regulations.

What kinds of Payroll services are available?

Our payroll services typically include :

Direct deposit to employees’ accounts
CRA remittance payments
CRA T4 filings
Online portal employees to access their payslips & tax slips (T4)
Prepare T4 slips for Employees
Record of Employment (ROE) preparation & submission
Vacation pay & Statutory pay calculations
Payroll for salaried, hourly, or commission-based staff
WSIB & Employer Health Tax (EHT) Filings

Can I do my payroll?

You certainly can. It is crucial to pay CRA remittances and your employees on time. CRA penalties for late payment is 10% of the amount paid late. This can add up quite quickly. Taxes deducted from employees also need to be calculated correctly, especially CPP & EI as you can be found to be liable for short payments on these, not your employees.
We are tax specialists, therefore we will be able to calculate the taxes accurately and ensure that the necessary amounts are deducted from employees and paid to the CRA.

We also pay staff using Direct Deposit, which eliminates the need for you to cut individual cheques or use EFTs.

How do I choose a payroll service?

Before selecting a payroll service provider, you should determine your specific payroll requirements, such as the number of employees, payment frequency to help you identify the features and services you require.

Verify that the payroll service is compliant with relevant tax laws and regulations, providing excellent customer support and chosen service fits your budget. Compare pricing structures, range of services, software used by different service providers.

What is the cost to outsource payroll?

The cost to outsource payroll can vary widely depending on factors such as the size of your business, the number of employees, the complexity of your payroll needs, the specific services you require, and the payroll service provider you choose. Contact us to discuss your requirement with our experts.

Why choose One Accounting as your payroll service provider?

We stand out as a trusted and reliable accounting partner for all your payroll needs. Our commitment to excellence and client satisfaction sets us apart, making us the ideal choice for businesses seeking seamless and efficient payroll management.

Who is in charge of payroll?

To ensure accuracy, our professionally experienced Accountants prepare and process each pay run.

Where are you located?

We have offices in Toronto, Mississauga, Oakville, Waterdown & Hamilton also in Grand Rapids, Michigan.

Which software is best for payroll?

It depends on your business size, needs, and preferences. For small businesses, QuickBooks Payroll provides user-friendly accounting integration.

Widely used software are Intuit QuickBooks Payroll, Gusto, and ADP, which offer comprehensive features for payroll processing, tax calculations, and benefits administration. comprehensive features for payroll processing, tax calculations, and benefits administration.

How do payroll services help small businesses?

Our payroll services helps in streamlining and simplifying the complex task of managing employee compensation and related financial matters. We handle tasks such as calculating wages, withholding taxes, processing direct deposits, and generating tax forms. We ensure accurate and timely payments to employees, reducing the risk of errors and penalties.

Why should I use a payroll service?

Payroll processing can be time-consuming, especially as your business grows. Payroll service providers can ensure accurate and compliant payroll processing, reducing the risk of costly errors or penalties.

One Accounting offer customer support to address any questions or issues you may have, providing you with expert assistance when needed.

Is it better to outsource payroll?

Of Course, Yes! Outsourcing frees up valuable time that you can allocate to core business activities. Our expert accountants are well-versed in payroll regulations, tax laws, and complex calculations, reducing the risk of errors.