Payroll services

Taxory provides Payroll Services for Small Business owners in Canada.

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payroll services for small business

Canadian Payroll Services for Small Business

Payroll is no longer a simple operation, such as just paying your employees but a complex process that includes tax, EI, CPP, remittance, T4, deductions. As a business owner, you know that your payroll needs to be accurate due to various government regulations. That is why it is crucial to choose an experienced payroll specialist for your business.

You need to ensure that your employees are getting paid on time and all remittances are calculated correctly and paid on schedule. However, small business owners usually can’t keep a full-time payroll expert as part of the team and often hire an accounting firm specializing in payroll services. Taxory provides payroll service for small businesses in Canada, and we are aware of a wide variety of regulations that govern their activity. Such as federal tax and labour laws, Ontario Ministry of Labour requirements, as well as industry-specific rules and employment instruments.

We offer complete end-to-end payroll solutions and provide quality work on time. We developed a process that allows us to take care of all aspects of payroll, such as hiring a new employee, parental or sick leave, vacation pay calculations, necessary income tax, and right through to the end of employment (Record of Employment).

Our payroll experts will focus on your payroll administration and make sure you fully comply with all government regulations while you can focus on growing your business.

Our payroll services include

We provide a complete payroll solution to our business clients.

  • Weekly/Bi-Weekly/Monthly payroll processing
  • Payroll deductions, including CPP, EI, income tax
  • Year-end processing, T4’s, T4A’s
  • Payroll tax calculations, reporting
  • New hires and terminations processing
  • Preparation of Record of Employment (ROE)
  • Pay run tracking
  • Managing direct deposit
  • WSIB (Workman Safety And Insurance Board)
  • T5018 (For Construction Companies)
  • The ability to pay both employees and contractors.
  • Government filings and remittances processing
  • Vacation, holidays, sick leave calculation
  • Online access to pay stubs for all your employees

Small Business Payroll Services

Most of our small business clients enjoy quick and easy online communication, document sharing, and online access to essential payroll documents.

Online access to paystubs.

Some programs, such as QuickBooks Online (QBO), provide online access for your employees to their paystubs as well as access to current and historical T4s. They can update their personal and banking information using secure online access. We suggest QBO to all our clients who are looking for easy and painless payroll services. Still, for somebody who manages just a couple of employees, we can calculate all payroll remittances in advance and provide you with a schedule.

Direct deposit.

We will set up a direct deposit for all your employees if you use QBO to get all the payments on time. That allows you to save time and avoid signing checks.

Accounting software

When providing our accounting, bookkeeping and payroll services, we work with all major accounting software that has a payroll feature, and we consider us experts in:

  • QuickBooks desktop
  • QuickBooks Online
  • CaseWare
  • Intuit Profile
  • FreshBooks
  • Wave accounting
  • Sage
  • Xero

Benefits of working with Taxory

There is too much to consider when looking for payroll service, and it may sound like a daunting task. However, when working with Taxory, you choose a team of experts who knows all aspects of accounting, taxation, and bookkeeping.

Check out our bookkeeping packages. Each of them already includes payroll services and provides complete accounting and bookkeeping solutions for your business. Below are some of the benefits you receive:

  • Compliance with tax law and regulations
  • Accurate record-keeping and reporting
  • Online access to all payment-related information
  • Quick payroll processing turnaround

Taxory focuses on providing bookkeeping and payroll services to small businesses and bringing much value to the business owner. We focused on quality services and client satisfaction.

Payroll Frequently Asked Questions (FAQ)

How much does payroll services cost?

We provide payroll services for free as part of our bookkeeping packages.

Order payroll services from Taxory!

You are just a couple of steps away from receiving high-quality payroll services. Reach out to our company, and we not only explain how we can serve your business but provide you with a final price on our first call.

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