We solve serious CRA tax problems

Employer Payroll Services

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A company’s payroll department must ensure that employees are paid, contractual obligations are met and tax and other withholding duties are complied with. Payroll is a critical part of a company’s accounting because payroll (and payroll taxes) significantly affect the net income of most organizations.

Faris CPA can help you use and set-up your Canadian payroll software or payroll system to make payroll tasks easier, ensuring that they’re less time consuming and in full compliance with Canadian tax laws and regulations.

FAQS

Are payroll taxes deductible for the employer?
Yes, payroll taxes can be deducted. You have to keep in mind that the company will deduct only the portion of the payroll tax is paid the company.
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Chartered Professional Accountant in Canada, U.S. and U.K.

Testimonial

“Sam handled a complex and urgent tax situation with professionalism, attention to detail, and speed. He quickly sorted out the situation with the CRA and made significant improvement to my overall tax situation. I recommend Sam and his team to anyone who needs fast, reliable tax help that you can trust. ”

Heather Krause
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Pro Tip

ACCESSING THE SMALL BUSINESS DEDUCTION IN YOUR BUSINESS

The Small Business Deduction gives businesses a tax deduction on the first $500,000 of income. This saves an eligible corporation around up to $50,000 in income taxes. There are a number of conditions that have to be met to be eligible for this deduction.