Payroll Companies & Payroll Services in Woonsocket, RI

Woonsocket Tax Services, Inc., usually called WTS, is a family-run firm in Woonsocket, Rhode Island. It has served individuals and small businesses across the Blackstone Valley since 2000. Most of its clients are in the northern part of Rhode Island or in nearby Massachusetts communities. The company says more than 1,300 local households and small companies use it for tax and payroll work. For employers comparing payroll providers, WTS is a locally owned, hands-on alternative to large national processing platforms.

Payroll services

The firm treats payroll as more than issuing checks. It focuses on the compliance duties that come with having employees: correct withholding and tax calculations, keeping up with tax law changes, and giving staff accurate year-end forms. Employers choose how much support they need, from full processing to narrower compliance tasks. Its payroll offerings include:

• Weekly or biweekly payroll runs with direct deposit and pay stubs
• A monthly review of payroll records to work out the federal and state tax deposits that are due
• Quarterly payroll tax filings with federal and state agencies
• Year-end reconciliation, including W-2, W-3 and 1099 forms
• Payroll tax return preparation on monthly, quarterly and yearly schedules

Tax preparation and bookkeeping

Beyond payroll, WTS prepares federal and state individual returns, including Form 1040 filings and sole proprietor returns. It also calculates estimated payments for individuals. Retail businesses can hand off their periodic sales and use tax filings. The IRS has authorized the firm as an e-file provider, so eligible returns are submitted electronically.

Bookkeeping engagements can be set up on a monthly, quarterly, semi-annual or year-end basis. They can cover recording deposits and expenses, bank reconciliations and financial reports. Clients send in their key records and the staff does the processing, and the team takes questions year-round, not just during filing season. Notary services are also available at the office.

Background and team

The company is led by owners Ron Gaskin and Steve Denoyelle, who together have more than a century of experience. The rest of the staff adds over 25 years, for a combined 125 years in tax preparation and bookkeeping. Nearly all of that work has been done in the same region where the team lives.

The firm sees this as a reason to give back to its community and to keep long-standing client relationships. WTS points to its experienced staff and up-to-date technology, along with a service style built on courtesy, prompt turnaround and accuracy.

The office is where Front Street meets Bernon Street in Woonsocket, and clients can park off the street in a lot on Bernon. Regular hours run Monday through Thursday, and other times can be booked by appointment. WTS suits small employers in northern Rhode Island or nearby Massachusetts that want one local team to handle payroll, payroll tax compliance, bookkeeping and tax filing.