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When is it time to outsource bookkeeping services

Posted By Joseph Miranda

Bookkeeping Services Mississauga - Book keeping

Small business owners often learn to perform a number of tasks that are outside their particular skill or service area. Tasks such as hiring, payroll, insurance, and maintenance are as critical to operating as business as the service or product a small company provides. Many business owners believe that they would rather do these tasks themselves instead of hiring an outside resource. However, in some cases, it may be advantageous to hire outside help for financial services such as bookkeeping, filing taxes, and payroll. Miranda Professional Corporation (MPC) in Mississauga helps countless clients with their accounting, compliance reporting, business planning, … Continue reading

We exceed the standard answer to, ‘What is payroll processing?’ with diverse services in Mississauga

Posted By Joseph Miranda

Think of payroll less as a necessary evil or drudge, and more as a talent recruiting and retention tool, and a powerful way to contain costs amid a preponderance of factors you can’t control, from competitive and industry dynamics to the global economy. There are many benefits to outsourcing payroll processing services in Mississauga, ON and beyond. But who you partner with matters; trust Miranda Professional Corp’s experienced payroll, tax, and accounting professionals. What is Payroll Processing? While exact needs vary from business-to-business, MPC‘s live and after-the-fact offerings have assisted employers with the following, and more: Classifying employees and independent contractors T4 forms … Continue reading

Mississauga, ON, accountants recommended the following payroll tips for their clients

Posted By Joseph Miranda

As a business grows, owners will quickly realize that payroll becomes a challenging and complex process. The accountants at Miranda Professional Corporation help their Mississauga, ON, clients address payroll and other financial challenges. Staying on top of changing regulations can be challenging, they have recommended the following tips: Ensure proper classification and categorization of your employees. There may be benefits to using independent contractors instead of hiring staff. However, even if a person agrees to be a contractor, it may not be legal, depending on the services provided. Be sure that employees are properly classified as salary or hourly, as … Continue reading