Reliable Payroll Services by TaxCan

At TaxCan Accounting and Taxes, we provide comprehensive payroll services designed to streamline payroll processing, ensure compliance with CRA regulations, and simplify payroll management for businesses of all sizes. With vast experience and deep knowledge of payroll regulations, tax laws, and compliance requirements, we offer unmatched payroll solutions that set us apart from our competitors.

Managing payroll can be time-consuming and complex, but with TaxCan’s expertise and advanced technology-driven solutions, we ensure error-free, on-time payroll processing that helps businesses focus on growth while maintaining compliance and employee satisfaction.

Why Choose TaxCan Over Other Payroll Service Providers?

TaxCan is not just another payroll service provider. We take a multi-dimensional approach, offering complete payroll solutions that go beyond simply processing employee salaries. Our expertise in payroll tax compliance, employee benefits administration, and regulatory reporting gives businesses a strategic edge.

Here’s what sets us apart:

• Vast Industry Experience – Our team has years of experience handling payroll for businesses across various industries, ensuring a tailored approach to meet unique payroll requirements.

• Full Compliance with CRA Regulations – We stay updated with the latest Canada Revenue Agency (CRA) rules and labor laws, ensuring businesses meet payroll tax obligations, statutory deductions, and employment standards without any compliance issues.

• Automated & Accurate Payroll Processing – We leverage advanced payroll technology to process payroll accurately and efficiently, reducing the risk of errors, missed payments, and tax miscalculations.

• Dedicated Payroll Support – Unlike many payroll service providers that offer generic solutions, TaxCan provides personalized support, ensuring that businesses receive expert guidance tailored to their payroll needs.

• Cost-Effective Solutions – By outsourcing payroll to TaxCan, businesses save valuable time, reduce administrative burdens, and avoid costly penalties associated with payroll tax errors.

Our Payroll Services

1. Payroll Processing & Salary Administration

Payroll processing involves more than just issuing paychecks—it requires accurate calculations, tax withholdings, and compliance with labor laws. TaxCan ensures:

• Timely and accurate payroll processing on a weekly, bi-weekly, semi-monthly, or monthly basis.

• Direct deposit payroll solutions for employees to receive salaries securely and on time.

• Pay stub generation for employee records and tax filing purposes.

• Customized payroll structures to accommodate bonuses, overtime, commissions, and deductions.

Our system minimizes payroll errors and ensures employees are paid correctly and on time, boosting workforce satisfaction and morale.

2. Payroll Tax Compliance & CRA Remittances

One of the most challenging aspects of payroll management is staying compliant with tax laws and making accurate remittances to the CRA. TaxCan ensures full compliance by:

• Calculating and withholding payroll deductions, including Canada Pension Plan (CPP), Employment Insurance (EI), and income tax.

• Submitting payroll remittances to the CRA on time, preventing late payment penalties.

• Preparing and filing T4, T4A, and RL-1 tax slips for employees and subcontractors.

• Handling WSIB (Workplace Safety and Insurance Board) contributions where applicable.

With TaxCan handling payroll tax compliance, businesses can avoid costly fines, interest charges, and tax-related issues.

3. Year-End Payroll Reporting & T4/T4A Filing

At the end of each tax year, businesses are required to file T4 and T4A slips for employees and contractors. We ensure:

• Accurate year-end payroll reconciliations to match records with CRA filings.

• Electronic filing of T4 and T4A slips to the CRA.

• Distribution of T4/T4A slips to employees and contractors for tax return purposes.

• Preparation of Records of Employment (ROE) for departing employees.

By outsourcing year-end payroll reporting to TaxCan, businesses eliminate administrative headaches and ensure seamless compliance with tax deadlines.

4. Employee Benefits & Deductions Management

Managing employee benefits, pensions, and deductions can be complicated, but TaxCan simplifies the process by:

• Administering group benefits plans, RRSP contributions, and other employer-sponsored programs.

• Handling taxable benefits reporting to comply with CRA regulations.

• Ensuring accurate deductions for union dues, garnishments, and voluntary contributions.

With TaxCan, businesses can offer attractive compensation packages while ensuring payroll compliance.

5. Payroll Audits & CRA Representation

If your business is selected for a CRA payroll audit, TaxCan provides expert assistance to ensure a smooth review process. We help by:

• Reviewing payroll records for accuracy before CRA audits.

• Liaising with CRA auditors on your behalf.

• Addressing payroll discrepancies and resolving compliance issues.

With our proactive approach, businesses can avoid payroll-related disputes and penalties.

TaxCan: Your Trusted Payroll Partner

Managing payroll requires precision, compliance, and expertise—and that’s exactly what TaxCan delivers. Our multi-dimensional payroll solutions help businesses reduce administrative workload, stay compliant with CRA regulations, and maintain employee satisfaction.

Unlike other payroll service providers, we go beyond just payroll processing. We ensure full compliance, provide strategic payroll tax planning, and offer personalized support to businesses looking for a reliable payroll partner.

Whether you are a small business, a growing startup, or a large corporation, TaxCan’s expertise ensures your payroll runs smoothly—error-free, on time, and fully compliant.

Let TaxCan take the stress out of payroll management.

Contact us today for a consultation and experience hassle-free payroll solutions tailored to your business needs!