Managing payroll efficiently is crucial for any business to ensure employees are paid on time and taxes are accurately calculated. At Lepore & Company, we provide comprehensive payroll services, including salary processing, tax deductions, direct deposits, and T4/T5 preparation, ensuring your business stays CRA-compliant and your employees receive accurate payments.
Whether you have a small business, a growing company, or a large workforce, our payroll solutions are tailored to save time, reduce errors, and simplify tax reporting.
Our Payroll Services
1. Payroll Processing & Salary Management
We take care of end-to-end payroll processing, including:
- Employee salary calculations, including hourly wages and commissions.
- Deductions for CPP (Canada Pension Plan), EI (Employment Insurance), and income tax.
- Overtime, bonuses, and vacation pay calculations.
- Direct deposit setup for seamless employee payments.
By automating payroll, we eliminate errors and ensure employees are paid correctly and on time.
2. Payroll Tax Compliance & CRA Filings
Payroll tax calculations can be complex, but we make it simple by handling:
- 📌 Accurate tax deductions from employee salaries.
- 📌 Monthly, quarterly, and annual payroll tax remittances to the CRA.
- 📌 WSIB (Workplace Safety and Insurance Board) calculations and reporting.
- 📌 ROE (Record of Employment) preparation for terminated employees.
We ensure that your business stays CRA-compliant and avoids costly penalties.
3. T4 & T5 Preparation and Filing
At the end of the year, businesses must report income paid to employees and shareholders. We prepare:
- 📌 T4 Slips & T4 Summary – Required for reporting employee wages, salaries, and deductions.
- 📌 T5 Slips & T5 Summary – Issued for dividend payments and other investment income.
- 📌 Electronic filing of T4/T5 returns with the CRA to meet deadlines.
With our services, you’ll never have to worry about missing tax deadlines or making reporting errors.
4. Benefits & Pension Contributions Management
We help businesses set up and manage:
- Group health insurance deductions.
- Employer pension plan contributions (CPP, RRSP, etc.).
- Employee benefits and taxable benefits reporting.
This ensures that both employees and employers meet their financial and legal obligations.
Why Choose Lepore & Company for Payroll Services?
- ✅ CRA-Compliant & Audit-Ready – Ensuring accurate tax deductions and reporting.
- ✅ Seamless Payroll Processing – From salary calculations to direct deposits.
- ✅ End-of-Year T4/T5 Filing – Avoid penalties with timely and accurate CRA filings.
- ✅ Secure & Confidential – Payroll data is handled with top-tier security.
- ✅ Expert Support – Whether you need full payroll management or T4/T5 assistance, we’re here to help.
Our comprehensive payroll services keep your business running smoothly while ensuring your employees get paid accurately and on time.
Get Reliable Payroll & T4/T5 Services Today!
Let Lepore & Company handle your payroll and tax reporting so you can focus on growing your business.
Contact us today to streamline your payroll and tax filing!