Corporate Payroll & Slip Filing in GTA

Stop Stressing Over Slip Deadlines — Expert T4, T4A, T5 Returns

Small business owners, incorporated professionals, and employers face severe CRA penalties for late or incorrect returns. We handle everything—providing professional payroll & slip filing options alongside seamless digital processing for T4, T4A, and T5 records.

Is This You?

Small Business Employer

You run a growing team and need to accurately calculate deductions, manage source deductions (CPP, EI, Income Tax), and issue T4 Slips to your staff without error. [Icon: Network/Contractor]

Business Utilizing Contractors

You regularly hire freelancers, sub-contractors, or independent professionals and must navigate the strict CRA guidelines for issuing T4A Slips for non-salary remuneration.

Incorporated Business Owner

You pay yourself or your shareholders through corporate dividends rather than salary, requiring precise tracking, gross-up calculations, and filing of T5 Slips.

What We Do For You

Accurate Payroll Calculations

We look over your year-to-date payroll records to ensure precise calculations of Canada Pension Plan (CPP), Employment Insurance (EI), and federal/provincial tax withholdings.

T4 Remuneration Slips & Summaries

We prepare and electronically file your annual T4 returns with the CRA, ensuring every employee receives their statement on time to avoid costly late-filing fees.

T4A Commission & Fees Processing

We help distinguish between employees and independent contractors, correctly categorizing and filing your T4A slips to protect you from misclassification audits.

T5 Investment & Dividend Returns

We track your corporate distributions, handle required gross-ups and dividend tax credit computations, and submit flawless T5 Slips and Summaries.

PD7A Reconciliation

We cross-reference your monthly source deduction payments (PD7A statements) against your year-end tax summaries to ensure your numbers balance perfectly, avoiding CRA red flags.

CRA Audit & Communication Care

Should the CRA issue a payroll review, PIER (Pensionable and Insurable Earnings Review) report, or request a breakdown of your tax slips, we represent and manage the process for you.

What You Need to Bring Us

Payroll Records & Calendars

Total gross salaries paid to all employees throughout the calendar year.
Detailed history of CPP and EI contributions deducted and remitted.
Employee information profiles (Legal Names, Addresses, and Social Insurance Numbers).

Contractor Invoices & Details

Total fees, commissions, or non-salary remuneration paid out to independent workers.
Legal business names or individual names, along with their Business Numbers (BN) or SINs.
Summaries of any taxes withheld from independent payments, if applicable.

Corporate Dividend Distributions

Complete log of all dividends declared and paid out to corporate shareholders.
Shareholder registration logs (Full names, mailing addresses, and SINs/BNs).
Details of the classes of shares distributed (Eligible vs. Non-eligible dividends).

CRA Business Statements

Your monthly or quarterly PD7A Statement of Account for Current Source Deductions.
Your CRA My Business Account access or your latest Notice of Assessment.
Any previous PIER reports or discrepancy notices received from the CRA.

How Much Does It Cost?

Starts from $99.00

Description: For organized micro-businesses or single-shareholder corporations with pre-summarized payroll or dividend categories ready for direct return processing.

Looking for corporate or high-volume custom pricing? Please check our Pricing Page.

Description: Includes full-service bookkeeping reconciliations, multi-employee payroll structuring, PIER review audit protection, and year-round compliance support.

Trusted T4, T4A, T5 & Payroll Preparation Across the Greater Toronto Area

Navigating Canadian payroll and information slip laws can be overwhelming for small businesses and corporations. Missing a deadline or miscalculating a single CPP or EI box on an information return can trigger massive automated penalties and unwanted CRA scrutiny.

At Common Accounting, we optimize your payroll systems while securing your corporate compliance. From mapping out dividend distributions to preparing multi-tier employee tax structures, our professional accountants service Toronto, North York, Markham, Scarborough, and the wider GTA. Let us handle your information returns and payroll tracking with exact precision while you focus entirely on scaling your business.