Payroll Companies & Payroll Services in Owasso, OK

Padgett Business Advisors Owasso is a locally based accounting and payroll firm serving small businesses and individuals in Owasso, Oklahoma, and the surrounding area. The office belongs to the national Padgett network. Each location in that network is independently owned and operated. Payroll is one of four main service lines, alongside tax, accounting and advisory work. Companies that want payroll handled by the same team that keeps their books and files their returns may find that combination useful.

Payroll services

The firm takes over the full payroll cycle so owners no longer have to track hours, print checks or manage tax paperwork themselves. It can handle a mix of salaried staff, hourly employees and independent contractors. It also works with part-time workers and teams spread across more than one state. Its payroll offering includes:

• Calculating paychecks, including deductions and withholdings, on a set schedule
• Federal, state and local payroll tax filings, plus year-end reporting
• Preparing W-2 and 1099 forms for workers and contractors
• Setting up direct deposit and processing checks
• Answering employee payroll questions on the owner's behalf
• Monitoring IRS rules and deadlines to help clients avoid penalties

For the underlying technology, the office works with ADP. This gives clients a secure platform that can connect with their other accounting tools. Through the same partnership, the firm can also arrange additional HR services. The local staff provide hands-on help on top of the software, so clients have a person to call when an issue comes up.

The firm describes its payroll service as suited to businesses with just a couple of employees or with a couple of hundred.

How engagements work

New clients begin with a consultation. During that meeting the team reviews the size and makeup of the workforce and builds a plan for it. Pricing is set case by case according to the complexity of the business, and a custom quote follows the initial conversation. The firm also offers an online Employee Compensation Calculator.

Owners can use it to estimate what an employee really costs once taxes and benefits are included. Because payroll sits within Padgett's wider accounting and tax support, the firm presents it as a way to reduce errors that can occur when financial tasks are split among several vendors.

Industries and broader services

The Owasso office works with clients in a range of fields:

• Real estate
• Professional services and law firms
• Restaurants and food service, including tip handling
• Retail
• Construction
• Farming
• Healthcare

Other services include monthly bookkeeping and financial statements, and tax preparation and planning for both businesses and individuals. The firm states that it is qualified to represent clients before the IRS. It also offers consulting on budgeting, forecasting and cash flow.

Background and team

Christopher Walters opened the Owasso location in 2009 and remains its owner. Payroll work is supported by a dedicated group within the office: two payroll managers, one of whom also manages the office, and a payroll administrator. The rest of the staff includes a tax accountant, a staff accountant, an accounting manager and an accounting associate.

The broader Padgett organization draws on more than five decades of business experience. It positions itself as a year-round partner that offers small companies the kind of financial support usually available only to larger enterprises.

Redwood Bookkeeping Services is an accounting practice based in Owasso, Oklahoma, that combines bookkeeping, payroll processing and tax work under one roof. The firm presents itself as a partner for owners who would rather focus on running their companies than tracking regulatory changes, taking on the recordkeeping and filing duties that tend to pull attention away from employees and customers. Honesty and ethical practice are described as the guiding principles behind its accounting work.

Who the Firm Serves

Redwood works with Oklahoma businesses of varying sizes, from newly launched ventures to more established operations. Its messaging emphasizes support across the life of a company, helping founders get set up and then assisting as they expand. Rather than offering a single fixed package, the firm builds customized plans around each client's circumstances, which can appeal to employers whose payroll and bookkeeping needs do not fit neatly into an off-the-shelf product.

Cannabis Industry Specialty

The firm's clearest point of differentiation is its specialization in the Oklahoma cannabis sector. Cannabis operators face an unusual mix of state rules and federal restrictions, and Redwood offers a dedicated set of cannabis financial services aimed at keeping these businesses in line with both levels of regulation. For cannabis operators, that work includes:

• Compliance support tailored to cannabis operations
• Payroll processing for cannabis employers
• Audit services
• Interpretation of federal and state guidelines affecting the industry

Payroll, Tax and Accounting Services

For clients outside cannabis, Redwood provides a traditional tax services track. This covers payroll and audit work alongside interpretation of financial data, so owners can understand what their numbers say about the health of the business.

Because payroll sits alongside bookkeeping and tax preparation within the same firm, employers can keep wage records, tax filings and general ledgers coordinated rather than splitting them among several vendors.

The firm notes that keeping pace with IRS code and Oklahoma compliance requirements can consume the time of a dedicated employee, and it offers to assume that responsibility so clients spend less time on paperwork.

How Clients Work With Redwood

The firm keeps a physical office in Owasso where walk-in visitors are welcome during weekday business hours, with Saturday meetings available by appointment. Clients who prefer remote contact can arrange Zoom sessions or conference calls on request, and existing customers have access to a client portal through the firm's website.

Prospective clients are encouraged to reach out by email, phone or an in-person visit to begin. The site also features an articles section and introduces a team that the firm describes as dedicated to helping businesses start and grow, along with examples of client results and feedback.

For buyers comparing payroll providers in and around Owasso, Redwood Bookkeeping Services offers a locally based option that pairs payroll with bookkeeping and tax support, and it is especially relevant for cannabis businesses that need a provider familiar with that sector's compliance demands.