Payroll & Source Deduction Filing (T4/T5)
Accurate payroll filings. On time, every time.
We manage your CRA payroll remittances, employee slips, and source deductions — so you stay compliant and stress-free.
Complete Payroll Tax Compliance for Canadian Employers
Managing payroll in Canada means more than just paying employees — it involves withholding the correct deductions, remitting them to CRA, and issuing year-end slips (T4/T5) accurately and on time.
At Tax Genius LLC, we take care of your complete payroll tax compliance, including:
- ✅ calculating deductions,
- ✅ preparing CRA remittances,
- ✅ and filing year-end T4/T5 summaries.
Whether you're a small business, startup, or growing corporation, our team ensures your payroll is accurate, compliant, and penalty-free.
Payroll Setup
CRA account registration and employee onboarding
Monthly Remittances
CPP, EI, and income tax calculations
T4/T5 Filing
Year-end slips and CRA summaries
What's Included
Comprehensive payroll and source deduction services
Payroll Setup & Registration
We help you register for a CRA Payroll Account (RP) and guide you through onboarding employees.
Monthly & Quarterly Remittances
We calculate and remit source deductions (income tax, CPP, EI) on schedule to avoid late penalties.
T4 & T4 Summary Preparation
We prepare and e-file annual T4 slips for employees and submit T4 Summaries to CRA.
T5 & Dividend Slip Preparation
For corporations paying dividends or shareholder income, we prepare T5 slips and reports.
Payroll Reconciliation & Year-End Reporting
We reconcile CRA payroll accounts, verify remittances, and ensure your year-end reports match CRA records.
Ongoing CRA Compliance Support
We monitor deadlines, handle CRA correspondence, and maintain compliance documentation year-round.
Who This Service Is For
Payroll compliance for all types of Canadian employers
Employers with Employees
One or more employees requiring payroll
Corporations
Paying shareholder salaries or dividends
Small Businesses
Hiring their first employee
Full Compliance Needs
Companies seeking complete payroll compliance
CRA Notice Recipients
Businesses receiving payroll notices or reviews
Understanding Canadian Payroll Deductions
We calculate and remit all mandatory deductions accurately
CPP (Canada Pension Plan)
Mandatory for employees 18-70 on pensionable earnings
EI (Employment Insurance)
Mandatory on insurable earnings (employer pays 1.4x)
Income Tax Withholding
Based on federal/provincial tax rates and TD1 claims
Note: Rates shown are for 2025. We stay updated on all CRA rate changes and ensure your calculations are always current.
Our 4-Step Process
Streamlined workflow for complete payroll compliance
Payroll Account Setup
We register your business for a CRA Payroll (RP) account and set up your employee structure.
Monthly Remittance Calculation
We calculate CPP, EI, and income tax deductions and submit your CRA remittance on time.
T4/T5 Preparation & Filing
We prepare and e-file all employee T4 and shareholder T5 slips at year-end.
CRA Reconciliation & Compliance
We reconcile payroll reports with CRA filings and provide a compliance summary for your records.
Required Documents
Why Choose Tax Genius LLC
💼 Full Payroll Compliance
From setup to filing, we ensure all CRA obligations are met.
🧾 Accurate & On-Time
No missed remittances, late filings, or penalty risks.
💡 Expert Guidance
Our specialists know the ins and outs of Canadian payroll and source deduction rules.
🔒 Secure Digital Process
Encrypted file sharing and e-filing for ultimate peace of mind.
📈 Flexible for Growth
Whether you have 1 employee or 100, we scale with your business.
Pricing Packages
Transparent pricing for payroll and source deduction services
Payroll Setup & CRA Registration
New employers or startups
- ✓ CRA Payroll Account (RP) registration
- ✓ Business Number (BN) application assistance
- ✓ Employee onboarding guidance
- ✓ Deduction calculation setup
- ✓ Initial remittance instructions
- ✓ Email support
Monthly Remittance Management
Ongoing CRA payroll compliance
- ✓ Monthly source deduction calculations (CPP, EI, income tax)
- ✓ CRA remittance preparation and submission
- ✓ Payroll reconciliation and tracking
- ✓ Deadline monitoring and reminders
- ✓ CRA correspondence handling
- ✓ Quarterly compliance review
- ✓ Priority email support
Full Payroll + Year-End Filing
Includes T4/T5 preparation & summaries
- ✓ All monthly remittance services
- ✓ Complete T4 slip preparation for all employees
- ✓ T4 Summary preparation and e-filing
- ✓ T5 slip preparation (if applicable)
- ✓ Payroll account reconciliation
- ✓ Year-end CRA compliance verification
- ✓ Record of Employment (ROE) assistance
- ✓ Prior-year correction support
- ✓ Dedicated account manager
💬 Add-ons available: bookkeeping integration, employee onboarding, and CRA notice handling.
Frequently Asked Questions
Common questions about Canadian payroll and source deductions
Need help with CRA payroll remittances or year-end T4/T5 filing?
Let us handle your payroll compliance — accurate, timely, and penalty-free.