diff --git a/bench/benches/later-cancel.js b/bench/benches/later-cancel.js
index a968cb6f..06a05ab4 100644
--- a/bench/benches/later-cancel.js
+++ b/bench/benches/later-cancel.js
@@ -6,6 +6,8 @@ function sharedSetup() {
   var target = {
     someMethod: function() { }
   };
+
+  let t = 50;
 }
 
 module.exports = [
@@ -21,6 +23,18 @@ module.exports = [
       backburner.cancel(timer);
     }
   },
+  {
+    name: 'Later - function',
+
+    Backburner: Backburner,
+
+    setup: sharedSetup,
+
+    fn: function() {
+      backburner.later(null, target.someMethod, t);
+      t += 5;
+    }
+  },
   {
     name: 'Later & Cancel - function, target',
 
diff --git a/lib/backburner/binary-search.ts b/lib/backburner/binary-search.ts
index 4807f439..2dbeeaab 100644
--- a/lib/backburner/binary-search.ts
+++ b/lib/backburner/binary-search.ts
@@ -1,6 +1,6 @@
 export default function binarySearch(time, timers) {
   let start = 0;
-  let end = timers.length - 2;
+  let end = timers.length - 6;
   let middle;
   let l;
 
@@ -11,14 +11,14 @@ export default function binarySearch(time, timers) {
 
     // compensate for the index in case even number
     // of pairs inside timers
-    middle = start + l - (l % 2);
+    middle = start + l - (l % 6);
 
     if (time >= timers[middle]) {
-      start = middle + 2;
+      start = middle + 6;
     } else {
       end = middle;
     }
   }
 
-  return (time >= timers[start]) ? start + 2 : start;
+  return (time >= timers[start]) ? start + 6 : start;
 }
diff --git a/lib/index.ts b/lib/index.ts
index 0b3c22aa..5d02a8d3 100644
--- a/lib/index.ts
+++ b/lib/index.ts
@@ -17,6 +17,11 @@ import Queue, { QUEUE_STATE } from './backburner/queue';
 
 const noop = function() {};
 
+let TIMER_ID = 0;
+function getId() {
+  return '' + (TIMER_ID++);
+}
+
 export default class Backburner {
   public static Queue = Queue;
 
@@ -445,25 +450,8 @@ export default class Backburner {
       }
     }
 
-    let onError = getOnError(this.options);
-    let executeAt = now() + wait;
-
-    let fn;
-    if (onError) {
-      fn = function() {
-        try {
-          method.apply(target, args);
-        } catch (e) {
-          onError(e);
-        }
-      };
-    } else {
-      fn = function() {
-        method.apply(target, args);
-      };
-    }
-
-    return this._setTimeout(fn, executeAt);
+    let stack = this.DEBUG ? new Error() : undefined;
+    return this._setTimeout(target, method, args, wait, stack);
   }
 
   public throttle(...args);
@@ -590,21 +578,21 @@ export default class Backburner {
     if (!timer) { return false; }
     let timerType = typeof timer;
 
-    if (timerType === 'number' || timerType === 'string') {
+    if (timerType === 'number') {
       // we're cancelling a throttle or debounce
       return this._cancelItem(timer, this._throttlers) || this._cancelItem(timer, this._debouncees);
-    } else if (timerType === 'object' && timer.queue && timer.method) { // we're cancelling a deferOnce
-      return timer.queue.cancel(timer);
-    } else if (timerType === 'function') { // we're cancelling a setTimeout
-      for (let i = 0, l = this._timers.length; i < l; i += 2) {
-        if (this._timers[i + 1] === timer) {
-          this._timers.splice(i, 2); // remove the two elements
+    } else if (timerType === 'string') { // we're cancelling a setTimeout
+      for (let i = 0, l = this._timers.length; i < l; i += 6) {
+        if (this._timers[i + 5] === timer) {
+          this._timers.splice(i, 6);
           if (i === 0) {
             this._reinstallTimerTimeout();
           }
           return true;
         }
       }
+    } else if (timerType === 'object' && timer.queue && timer.method) { // we're cancelling a deferOnce
+      return timer.queue.cancel(timer);
     }
 
     return false;
@@ -617,24 +605,27 @@ export default class Backburner {
     }
   }
 
-  private _setTimeout(fn, executeAt) {
+  private _setTimeout(target, method, args, wait, stack) {
+    let executeAt = now() + wait;
+    let id = getId();
+
     if (this._timers.length === 0) {
-      this._timers.push(executeAt, fn);
+      this._timers.push(executeAt, target, method, args, stack, id);
       this._installTimerTimeout();
-      return fn;
+      return id;
     }
 
     // find position to insert
     let i = searchTimer(executeAt, this._timers);
 
-    this._timers.splice(i, 0, executeAt, fn);
+    this._timers.splice(i, 0, executeAt, target, method, args, stack, id);
 
     // we should be the new earliest timer if i == 0
     if (i === 0) {
       this._reinstallTimerTimeout();
     }
 
-    return fn;
+    return id;
   }
 
   private _cancelItem(timer, array) {
@@ -684,11 +675,14 @@ export default class Backburner {
     let l = timers.length;
     let defaultQueue = this.options.defaultQueue;
     let n = now();
-    for (; i < l; i += 2) {
+    for (; i < l; i += 6) {
       let executeAt = timers[i];
       if (executeAt <= n) {
-        let fn = timers[i + 1];
-        this.schedule(defaultQueue, null, fn);
+        let target = timers[i + 1];
+        let method = timers[i + 2];
+        let args = timers[i + 3];
+        let stack = timers[i + 4];
+        this.currentInstance.schedule(defaultQueue, target, method, args, false, stack);
       } else {
         break;
       }