Payroll & Accounting Services CanadaFrom the manual data entry to submitting tax forms and payments, your employees may spend countless hours or sometimes days.

Payroll Services Toronto

Our Chartered Professional Accountant is adept at streamlining the payroll process for our clients. By leveraging cloud-based accounting software, we securely store your data on remote servers, enabling automatic account reconciliation and simplifying the entire procedure. This software allows us to efficiently track essential details such as employee hours, automate staff payments, or schedule them to ensure timely compliance with deadlines. Additionally, it simplifies updating employee personal data. Our accountant can quickly perform tax calculations, reducing the risk of errors associated with manual processes. By minimizing manual intervention in payroll activities, we significantly decrease errors, ultimately saving your business money.

Why Seek Payroll Services?

Managing payroll involves numerous complexities. It’s essential to meet pay periods and deadlines while strictly adhering to tax regulations. Neglecting these responsibilities can lead to significant penalties that can be costly for the business. Additionally, the extensive data entry required in payroll management is susceptible to errors. Manual data entry, in particular, increases the risk of mistakes and tax problems, potentially leading to overpayment or underpayment of employees and serious compensation claims. To avoid these issues, consider hiring TRUTH IN BALANCE Accounting & Tax Services Corporation for income tax preparation in Toronto.

Customized Payroll Services

To help you save both time and money, we tailor our payroll services to the specific needs of your business. Whether you require bi-weekly, semi-monthly, or monthly payroll runs, we will find the most efficient solution to maximize your savings. If your workforce consists mainly of salaried employees rather than part-time staff, we adjust our services accordingly. High staff turnover can complicate your payroll process, but we are here to simplify it with personalized tax services in Toronto. Contact us for more information.

More Than Payroll Services

When you outsource your payroll and other accounting tasks to us, we manage all your financial information and deliver the necessary services from our office. For many of our clients who utilize our accounting services, it’s convenient for us to manage their needs because we already possess their financial data. Our online software allows you to access your data at any time. Additionally, we provide straightforward training to help you understand how to view your information in new and beneficial ways.
Volodymyr YepishevVolodymyr Yepishev
22:52 22 May 24
Valeriia LozaValeriia Loza
22:51 21 May 24
I would like to thank Dmitry Babtsov for his enormous assistance in all matters of financial life in Canada. Since we were new to this area, he explained and did the job at the highest level. I will be very happy to continue doing business only with him!I would like to thank Dmitry Babtsov for his great help in all matters of financial life in Canada. Since we were new to this area - he explained and did a top notch job. I will be very happy to continue doing business only with him!
Dmitry, thank you for your professionalism and high level of service. For the last two years, we have been turning only to you to do our personal taxes. Dmitry is always ready to answer questions and explain nuances. We don't understand the Canadian tax system, but we know that our tax returns will be in order.
Yuri StanislavskiYuri Stanislavski
16:57 08 May 24
Communication with Dmitry in the process of preparing tax returns was a pleasure. His actions are transparent and clear, his instructions are simple and easy to understand, and the result is fast and predictable. I recommend!
Oleh MashukovOleh Mashukov
23:26 08 Apr 24
I highly recommend "Truth In Balance Accounting & Tax Services." Dmitri was a big help. He knows a lot about tax laws, which made everything much easier and taught me a lot too. He always took the time to explain the hard stuff and helped me make smart choices for my money. If you need someone good and trustworthy for your taxes and accounting, you should definitely go to them.
Dima PrasolovDima Prasolov
01:01 05 Apr 24
I had a fantastic experience with «Truth In Balance Accounting & Tax Services», especially with Dmitri's assistance in preparing my taxes. Dmitri's professionalism and expertise made the process smooth and stress-free. He patiently addressed all my questions and provided valuable insights to optimize my financial situation. I highly recommend «Truth In Balance Accounting & Tax Services» to anyone seeking reliable accounting and tax services.
Lidiia BonazziLidiia Bonazzi
02:17 01 Apr 24
Outstanding service! That's what I call professionalism - not only an expertise in a field but client-oriented guidance as well. Dmirti is very responsive, he's explained all details we asked him about, and that was really appreciated as it's our first time filing taxes in Canada. Definitely, will come back next year!
Oleksandr IeismuntOleksandr Ieismunt
00:23 21 Mar 24
Dmitry is a professional in his field.Also a nice person. I am grateful to him for his help. Everything was done competently, quickly and at a reasonable price, and what I personally really appreciate and highlight as a special advantage is that the person is always available, be it by email or by phone call.I recommend.
Ruslan ValuevRuslan Valuev
17:03 17 Mar 24
I recently had the pleasure of working with Dmitri as my tax accountant, and I couldn't be more satisfied with the service provided. Dmitri went above and beyond to ensure that my taxes were not only filed correctly but also worked diligently to find ways to decrease my overall tax liability. What I particularly appreciated was his willingness to answer all my questions about taxation, including the best practices for payment. His expertise and dedication made what is often a stressful process, smooth and understandable. I highly recommend Truth in Balance to anyone looking for top-notch tax services. Thank you, Dmitri, for your outstanding work!