Payroll Services

Empowering Your Financial Success – With LOOKNAUTH CPA, Your Trusted Partner in Excellence

Managing payroll can be a time-consuming and complex task, but it’s a critical part of running a successful business. At Looknauth CPA Professional Corporation, we provide comprehensive payroll services designed to streamline your operations, ensure compliance, and keep your payroll records accurately. Whether you’re a small business or a growing organization, our payroll solutions save you time, reduce administrative burdens, and eliminate costly errors.

With a focus on accuracy, timeliness, and compliance, our payroll services cover every aspect of payroll management. From setting up new systems to preparing year-end reports, we handle it all so you can focus on growing your business with peace of mind.

Why Choose Looknauth CPA for Payroll Services?

Seamless Setup: We ensure your payroll systems are correctly implemented and maintained for smooth and efficient operations.
Compliance Assurance: Stay on top of CRA requirements with accurate calculations, remittances, and reporting.
Customized Support: Our payroll solutions are tailored to fit the unique needs of your business, regardless of size or industry.
Employee Satisfaction: Deliver accurate and timely pay to your employees, enhancing morale and trust within your team.

Our Payroll Services Include

Payroll Setup and Maintenance:
– Designing and implementing efficient payroll systems tailored to your business.
– Ongoing maintenance to ensure accuracy and compliance.
Payroll Processing Management:
– Managing payroll runs, including calculating wages, overtime, bonuses, and other earnings.
– Ensuring timely and accurate payroll distribution via direct deposit or checks.
Payroll Deductions and Remittances:
– Calculating and remitting CPP, EI, and income tax deductions to the CRA.
– Monitoring remittance deadlines to avoid penalties and interest.
T4, T4A, and T5 Preparation and Filing:
– Generating year-end tax slips and summaries for employees, contractors, and shareholders.
Employment Agreements and Record of Employment (ROE):
– Assisting in drafting employment agreements that comply with labor laws.
– Preparing ROEs for terminated or departing employees in compliance with regulations.
Government Subsidy Program Assistance:
– Supporting applications and compliance for programs such as the Canada Emergency Wage Subsidy (CEWS).

Additional Payroll Services We Offer

Benefits Administration: Managing deductions and contributions for pensions, healthcare, and retirement plans.
Vacation and Leave Tracking: Maintaining accurate records of vacation accruals, sick leave, and other paid time off.
Payroll Reporting: Generating detailed payroll reports for tracking labor costs and budgeting.
Statutory Holiday Pay Management: Ensuring compliance with provincial and federal holiday pay requirements.
Integration with Accounting Systems: Syncing payroll data with your accounting software for seamless financial management.

Partner with Looknauth CPA for Hassle-Free Payroll

With Looknauth CPA Professional Corporation handling your payroll, you can eliminate the stress of payroll management and focus on growing your business. Our expertise and customized approach ensure your employees are paid accurately and on time while keeping your business compliant with all regulations.

Simplify your payroll today—partner with Looknauth CPA for precise, efficient, and reliable payroll solutions.