Compare your pay to Kawhi Leonard from the Toronto Raptors

Star players from sports teams command big payouts. Determining after tax income isn’t hard with tools like PaymentEvolution’s free Payroll Calculator. How does your pay compare to Kawhi Leonard from the Toronto Raptors? Kawhi played basketball for seven seasons with the San Antonio Spurs and was traded to the Toronto Raptors in 2018. According to…

Your Guide To Year-End

As the year-end approaches you won’t need to worry about tax slips, T4s and CRA deadlines. That’s because you used PaymentEvolution to process your payroll and business payments through the year. If you want year-end to be truly stress free, use this check-list to verify your pay runs and submissions. To start, make sure you…

PaymentEvolution Demo & Training Calendar

“We have had an overwhelming amount of attendees to our demo webinars. If you haven’t been able to get a spot, we have some great news – we’ve opened up a series of sessions over the next few weeks. Take a look and find one that suits your schedule. In addition to the webinars, we have…

Should I Integrate With Accounting Software?

OK, the question may read as “should I spend more money?” But really, it’s not about trying to sell you more software! Let’s talk about why accounting software will be useful and how it will save money in the long run. To answer the original question “should I?” The answer is YES! For many reasons: Organization. It’s hard…

Recruiting? Benefits can Benefit You

My dad was a dentist. When he went to school they taught him a great deal about how to be an oral healthcare professional, not how to run a small business. Over time he found success in recruiting a successful team of committed individuals. Recruiting and selecting these individuals seemed like a time consuming and…

Tax Season – Frequently Asked Questions

As tax season approaches, my colleagues and I are always shocked by how quickly the Summer and Fall passed us by, bringing us closer to “that time of the year” again. This year is no different.  We’re in mid-February and the rush has slowly started.  Lots on the go – Payroll slips, December year-ends, GST/HST…

Concerned About the Cost of Benefits?

Concerned about the cost of benefits? Get the best value for your benefit plan. Today’s group benefits are all about choice and flexibility – letting you put together the right plan to fit your budget. Here are four things to consider when evaluating your benefit plan for value and to avoid climbing costs: Health Care Spending…

5 Tips to Make Tax Season More Bearable For Your Business

Collect your receipts: With today’s cloud technology expense receipts can be collected immediately By using something as simple as a shared email or even shared folders, you can instantly provide these items to your accountant.  Importantly, as you incur tax deductible expenses, your accountant can use them to reduce the mad scramble during tax season. Share access to…

It’s tax (slip) season

The deadline for filing your 2015 T4 tax slips is Monday, February 29th, 2016. You must provide your employees with a paper or electronic copy of their T4 by this date. So it’s crunch time for preparing T4 tax slips in Canada. You also need to provide copies of the T4 slips to the Canadian Revenue…

Tips on starting your 2016 payroll

Start the new year right Here are some handy tips and answers to questions to help you kick off your 2016 payroll year right. Do I need to close my payroll year before performing 2016 pay runs? Yes, before you can process any pay runs in 2016, you must close your 2015 payroll year. This…