Payroll

Payroll articles and news, from your payroll BFFs.

Payroll: CA Resources: Reports Small Business: CA

October 18, 2022

The Everything Guide to Small Business Payroll Reports

Have you ever wondered how much it costs your small business to pay its employees? Do you want to know what percentage of your revenue is being spent on payroll? Are you curious about how many hours your employees are working each week? The answers to these questions lie in your payroll reports! Payroll reports […]

Payroll 101: A Canadian Small Business Guide to Hiring and Paying Your First Employee

From recruiting to payroll, here’s what you need to know.

Level Up Your Account Security with Two-Factor Authentication

When it comes to protecting your personal and business information, there are a number of approaches to get the job done. For example, simple solutions like updating your password to be more complex or reviewing payroll reports can help you prevent fraud and catch suspicious activity on your account before it’s too late. At Wagepoint, […]

Payroll Compliance Keeps Your Small Business Out of Trouble — AKA Why Payroll Compliance Matters

Wouldn’t it be nice if you could just plug in the payroll numbers, pay employees and move on? Now that’s simple payroll. Buuut there’s this small matter of payroll compliance, and as much as it might give you the heebie jeebies, it’s an integral part of the payroll process. What is payroll compliance and why […]

6 Wagepoint Features You Didn’t Know Existed (But Totally Should)

At Wagepoint, we’re in the business of making your life easier by making sure payroll runs seamlessly. We know that paying your employees on time is top priority so we’ve put together a list of our very favourite Wagepoint features you might not know about, including easy how-to video demos! We’re confident these easy-to-set up […]

What To Know About Claiming Remote Employee Expenses (Canada)

As the general world evolves, so does the work world. Many companies were already offering remote work experiences, but recent years have caused a shift, and now even more businesses have remote employees. Maybe you’re one of them. If you are, you know that means carving out a space to work in your home, using […]

What You Need To Know About Tax Form Amendments And PIER Reports

Introducing tax form amendments and PIER reports. Tax form (T4, T4A and RL-1) amendments and Pensionable and Insurable Earnings Review (PIER) reports are probably terms you’ll hear a lot of at this time of the year. In their own ways, these are all about ensuring that the numbers you’ve submitted during your year-end filing for […]

Actionable Workflow Tips For A Successful Company Year-End

You’re going to make it out of tax season alive. That’s a statement, not a question. To achieve this, the first thing you need to do is be brutally honest with yourself. This prep-step will come in handy when the stress hits — and it will, in one form or another. Stay on top of […]

Small Business All-In-One Resource for T4s

Welcome to your all-in-one resource for T4s! ‘Tis the season to fill out or generate these forms to hand off to the Canada Revenue Agency (CRA) and your employees, so we thought it’d be handy to have the information you’ll need in one place. Whether you’re doing so manually or using a payroll software like […]

Building your Accounting or Bookkeeping Business with Payroll [Webinar Recap]

Building your business with payroll — what does that mean and what does it look like for accounting and bookkeeping practices? Maybe it’s something that’s been on your mind, but you’re not sure where to start, or if it’s even the right step for you. In our recent webinar, hosted by Wagepoint Community Manager Bianca […]

What to Check Before Issuing T4s

Updated January 2022. New year, new T4s. There are several things that are of importance that need to be done, forms that need to be considered, beans to be counted… and it can get a bit overwhelming.

Payroll Tax vs. Income Tax — How They Work for Canadian Payroll

Updated January, 2022. Together — income tax, federal taxes and provincial taxes — are all grouped under the bucket category of payroll taxes (employer taxes and/or source deductions).

Breaking Down BC’s New 2022 Sick Pay Legislation

While British Columbia (BC) has various legislation around taking time off, starting January 1, 2022, British Columbians will now be able to stay home if they have a personal and unexpected illness or injury. The good news is they won’t have to worry about it affecting their pay cheque! This comes after almost two (2) […]

Don’t Be Haunted By Payroll Errors This Year-End

Payroll can mean completing a lot of scary tasks for small business owners — like making the right calculations and filing taxes correctly and on time to the government. On top of that, consider needing to make corrections during a busy year-end season! Now that sounds like a real nightmare. As the old adage goes, […]

Switching To ROE SAT — How Does It Work?

There are few payroll tasks that feel as heavy and complex as having to let an employee go. It’s a critical time for any small business that requires an easy, fast and reliable process for generating a Record of Employment (ROE) so that employees can collect benefits quickly and employers can have the peace of […]

The 2021 Canadian Small Business Resilience Report [PDF Download]

Quick Links Request the report Business resilience defined What the numbers and businesses say The 2021 Canadian Small Business Resilience Report. As we look back on the events of 2020 and the ongoing social and economic impacts, narratives will be dominated by the word “pandemic.” However, as our research has uncovered, conversations about the past […]