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Accounting Services Mississauga Update Accounting Services Mississauga  
RSS 6 |  Accounting Services Mississauga

How to Hire Your Next Accountant or Bookkeeper

Are you looking to hire the best accounting and bookkeeping services in Mississauga? If yes, then it would certainly help to get referrals from your banker, attorney, or a business colleague. You may also like to get in touch with Certified Public Accountants in your circle to get due referrals. Regardless […]

The post How to Hire Your Next Accountant or Bookkeeper appeared first on Accounting Mississauga.

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(Published: Mon, 19 Nov 2018 10:46:36 +0000)

How can you make the Tax Filing Procedure Simpler?

Filing income tax returns can be a tedious task if you are not aware of the compliance procedures involved and the relevant documents required. There are many tax preparation companies in Toronto, who offer professional taxation services in the market. You can opt for the best assistance from accounting firm ‘Billah […]

The post How can you make the Tax Filing Procedure Simpler? appeared first on Accounting Mississauga.

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(Published: Tue, 06 Nov 2018 09:00:37 +0000)

A Comprehensive Guidelines to Online Bookkeeping

Bookkeeping is one of the most essential activities on the basis of which a business can successfully run. Not only does it involve keeping a track of the company’s everyday financial transactions but it also ensures that accurate and precise records are comprehensively maintained. Owing to a lack of resources and […]

The post A Comprehensive Guidelines to Online Bookkeeping appeared first on Accounting Mississauga.

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(Published: Tue, 16 Oct 2018 10:52:44 +0000)

Ask These Questions Before Choosing an Accounting Firm

Accounting firms have become an integral part of most businesses today. They primarily help a business keep track of its budget, thus assisting them in setting both, long-term and short-term financial goals. However, in today’s excessively competitive world, accounting functions have begun to diversify. New job roles like tax accounting, payrolls, […]

The post Ask These Questions Before Choosing an Accounting Firm appeared first on Accounting Mississauga.

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(Published: Mon, 01 Oct 2018 05:14:30 +0000)

How Small Business Enterprises can benefit from Accounting Services

As a first-time entrepreneur, starting a small business enterprise in Canada has its fair share of financial challenges which include controlling business costs, hiring employees, and generating sales invoices. While managing business accounts on your own can reduce your business costs, it is certainly not advisable unless you have a sound […]

The post How Small Business Enterprises can benefit from Accounting Services appeared first on Accounting Mississauga.

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(Published: Tue, 11 Sep 2018 05:22:54 +0000)

Why Use Accounting and Bookkeeping Services For Small Businesses

Businesses that are acknowledged globally as consistent profit makers all had humble beginnings. The reason behind their phenomenal success is adherence to practices in all systemic processes. Of the different aspect of a business, one of the most vital is to carefully and comprehensively manage cost, inflow and outflow, and book […]

The post Why Use Accounting and Bookkeeping Services For Small Businesses appeared first on Accounting Mississauga.

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(Published: Fri, 24 Aug 2018 12:08:40 +0000)

Why You Should Consider Hiring Bookkeeping Services If You Are Running a Small Business

SMEs are always under constant pressure to multi-task to survive in this highly competitive market structure. While there is always so much to be done and so many targets to achieve that it becomes difficult to look after various non-core activities like Bookkeeping. Although, it is considered to be the lifeline […]

The post Why You Should Consider Hiring Bookkeeping Services If You Are Running a Small Business appeared first on Accounting Mississauga.

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(Published: Thu, 09 Aug 2018 06:46:46 +0000)

The Know-How of Choosing the Right Professional Tax Preparation Services

Small business owners and even Individuals often face various tax-related issues. It may be related to incorrect tax filing, improper generation of the income statement, crossing tax filing deadlines, etc. Sometimes there are poor record-keeping and underpayment or overpayment of taxes which can pose a serious threat to your business. It […]

The post The Know-How of Choosing the Right Professional Tax Preparation Services appeared first on Accounting Mississauga.

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(Published: Mon, 23 Jul 2018 09:09:10 +0000)

The Know-How of Choosing the Right Professional Tax Preparation Services

Why Hire Professional Tax Preparation Services? Small business owners and even Individuals often face various tax-related issues during tax preparation. It may be related to incorrect tax filing, improper generation of the income statement, crossing tax filing deadlines, etc. Sometimes there are poor record-keeping and underpayment or over payment of taxes […]

The post The Know-How of Choosing the Right Professional Tax Preparation Services appeared first on Accounting Mississauga.

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(Published: Mon, 23 Jul 2018 09:09:10 +0000)

Reasons to Hire a Professional Accounting Firm in Brampton for Small Business

More than 98% of businesses in Canada are either small or medium sized, and these businesses offer employment to more than 70-80% of working people. The outreach and presence of small businesses are now ever increasing, but it also comes with increasing complexities of managing finances. As the company grows and […]

The post Reasons to Hire a Professional Accounting Firm in Brampton for Small Business appeared first on Accounting Mississauga.

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(Published: Thu, 05 Jul 2018 06:51:28 +0000)

The Pros and Cons of Doing Your Own Bookkeeping

Managing the accounts and doing the bookkeeping are good practices, especially if you have a good knowledge of the accounts. The decision of handling own accounts is good and favourable for the new business owners when the complications are not that high. However, varying out the responsibilities further can be a […]

The post The Pros and Cons of Doing Your Own Bookkeeping appeared first on Accounting Mississauga.

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(Published: Thu, 14 Jun 2018 12:01:15 +0000)

What is the Difference Between Bookkeeping and Accounting

Bookkeeping vs Accounting For most people bookkeeping and accounting would seem like the same thing. Ask them the difference and they will be hard-pressed to come up with an answer. They aren’t to blame really, because both bookkeeping service and accounting service are actually part of the financial cycle that a […]

The post What is the Difference Between Bookkeeping and Accounting appeared first on Accounting Mississauga.

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(Published: Thu, 24 May 2018 06:41:57 +0000)

Five Reasons to Hire A Professional Accountant for Small Business

Running a small business of your own is not easy, and often small business owners are accustomed to doing all the company operations on their own. They are concerned about saving the expenses of hiring a professional accountant and try to complete all tax filings and other account operations with their […]

The post Five Reasons to Hire A Professional Accountant for Small Business appeared first on Accounting Mississauga.

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(Published: Thu, 03 May 2018 08:31:46 +0000)

Why You Should Consider Professional Bookkeeper for Your Business

Accounting can easily be referred to as the lifeline of a business. It does not only help to ensure the smooth running of the business but helps keep the various aspects of the business in line to maximize the bottom-line. Which is why all businesses need to ensure that they hire […]

The post Why You Should Consider Professional Bookkeeper for Your Business appeared first on Accounting Mississauga.

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(Published: Mon, 16 Apr 2018 09:56:13 +0000)

Why Filing Taxes Before the Deadline is Important

The Canada Revenue Agency (also known as CRA) mandates that taxes be filled within April 30th every year for most people. For those who are self-employed, they are afforded time up to June 15th. This is generally the time of the year when people are in a rush to prepare their […]

The post Why Filing Taxes Before the Deadline is Important appeared first on Accounting Mississauga.

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(Published: Wed, 28 Mar 2018 07:22:11 +0000)

Corporate Tax Returns

For corporate income tax returns the filing requires the production of financial statements based on information that you will be required to provide to us so we will start by providing a detailed checklist outlining all of the documents that you will need to submit to us. Since every situation is […]

The post Corporate Tax Returns appeared first on Accounting Mississauga.

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(Published: Thu, 22 Mar 2018 08:12:22 +0000)

Accounting Services : Their Long – Term Effects on Your Bottom Line

Accounting services like tax planning, bookkeeping, payroll, and others can steal most of your productive time. Instead of letting you use your time to build your business, these activities keep you busy recording receipts, expenses, employee data, and more. But, of course, it is not possible to hire independent resources to […]

The post Accounting Services : Their Long – Term Effects on Your Bottom Line appeared first on Accounting Mississauga.

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(Published: Mon, 19 Mar 2018 06:17:34 +0000)

Reasons to Hire a Professional for Tax Preparation Services

Taxes can be confusing to many, especially when you need to work on with restricted expertise. This is where tax preparation services come to your aid. You need not always keep yourself updated with the tax law changes and understand its many complexities. The hours you spend on calculating taxes can […]

The post Reasons to Hire a Professional for Tax Preparation Services appeared first on Accounting Mississauga.

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(Published: Fri, 16 Feb 2018 06:36:10 +0000)

What Comprises of Financial Statement Audit Report?

The purpose of financial statement audit is to determine the fairness of an entity’s financial statements according to the GAAP(Generally Accepted Accounting Principles), by an independent auditor. Fairness here can be broken down as the financials being presented are correct and in the proper formats/methods. A Financial statement audit report simply […]

The post What Comprises of Financial Statement Audit Report? appeared first on Accounting Mississauga.

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(Published: Thu, 25 Jan 2018 12:54:45 +0000)

How Payroll Services and Payroll Processing Can Help Your Company

Managing your company’s payroll can be a tedious task. Especially when you know that messing it up even slightly can cause a lot of trouble. In such cases, the best way to get the job done is to hire a professional payroll processing service. It will help you in many ways […]

The post How Payroll Services and Payroll Processing Can Help Your Company appeared first on Accounting Mississauga.

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(Published: Fri, 15 Dec 2017 12:04:00 +0000)

Grow Your Small Business with Proficient Business Accounting Services

Right from setting up business plans to company formation, and from loan application to the government audit, a small business accounting services make life easier for entrepreneurs at each different phase. There are certainly good reasons to hire an accountant, but that doesn’t mean that you need to employ a full-time […]

The post Grow Your Small Business with Proficient Business Accounting Services appeared first on Accounting Mississauga.

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(Published: Wed, 22 Nov 2017 10:03:38 +0000)

Individuals – Tax information newsletter

Edition 2017-02   1. Having a baby? Learn what tax changes to expect If you have a new baby or a baby on the way, there are many benefits and credits you may be eligible to receive, and tax changes to consider. 2. How to manage the taxes of someone who […]

The post Individuals – Tax information newsletter appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:15:55 +0000)

What’s new for 2016

We list the service enhancements and major changes below, including announced income tax changes that were not law. If they become law as proposed, they will be effective for 2016 or as of the dates given. Our services MyBenefits CRA – This is a new mobile application that lets you securely […]

The post What’s new for 2016 appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:14:07 +0000)

Financial Statement Preparation

What Makes us Different? At Billah & Associates Inc. Professional Corporation we can give you the competitive edge to succeed in today’s challenging business environment. We take the time to create a partnership with you and your organization, understand your needs and environment. Together we can help each other succeed in […]

The post Financial Statement Preparation appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:11:22 +0000)

Personal Tax Returns

For personal income tax returns we will compile your return based on the information received and then contact you by phone to discuss the results and to ask or answer any additional questions. Every return is prepared by a staff accountant and then each return is professionally reviewed in order to […]

The post Personal Tax Returns appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:10:55 +0000)

Director

Director & Personal Liability In a Tax Alert titled “Abuse of Source Deductions and GST/HST Amounts Held in Trust” CRA warned that businesses must hold source deductions and GST/HST amounts in trust for the government. Penalties and interest and possibly personal liability for the directors will be the result if this […]

The post Director appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:08:18 +0000)

Tax Resources

CRA “My Business Account” The Canada Revenue Agency is constantly improving its online resources for taxpayers. You can view and print Notices of Assessment, check account balances and much more. For business owners, these resources can be very helpful. You can access them through the “My Business Account” portal. If you […]

The post Tax Resources appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:07:50 +0000)

Helpful tips and tricks

How to obtain a Canadian business number External Link Icon Payroll deductions calculator (note calculations through this may not be 100% accurate) External Link Icon Direct payment for CRA with filings External Link Icon WSIB Ontario External Link Icon Self employed or contractor? External Link Icon Corporations Canada External Link Icon […]

The post Helpful tips and tricks appeared first on Accounting Mississauga.

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(Published: Mon, 25 Sep 2017 08:05:52 +0000)

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