How Accounting Firms in Mississauga Help a Small Business

1. How Accounting Firms in Mississauga Help a Small Business Many small businesses and startups make the mistake of trying to do everything in-house, from tax filings to managing financial transactions. However, given how busy things can get, entrepreneurs end up overlooking bookkeeping and accounting duties, leading to several issues, such as inaccurate financial reports, late filings, and regulatory compliance problems. This is where accounting firms in Mississauga come in. At G&P Accounting Services, we offer a range of benefits for small businesses and startups to help them thrive in their respective industries and competitive markets. Here are some ways we can assist: All things accounting Our chartered accountants will handle all small business accounting needs, including bank reconciliations and accounts payable and receivable. We carefully customize our solutions to every client’s financial requirements and accounting needs while ensuring competitive rates and transparency. In addition, we take a proactive approach to bookkeeping to ensure accurate and up-to-date records every time. Corporate tax As a comprehensive accounting firm in Mississauga, we do more than just take care of small business accounts and books. We also specialize in preparing and filing business tax returns. Our services can include payroll, business consulting, and HST, and we can provide the tools to help our clients grow their company. One of our goals is to satisfy all CRA requirements so you can focus on growth and avoid penalties. H.S.T. Managing HST (Harmonized Sales Tax) is essential for every Canadian business, regardless of size. We help small businesses and startups manage, track, and record their HST to maximize their books and returns. CRA audits

2. Sometimes, a small business might find itself being audited by the Canadian Revenue Agency, and we understand that this can be a daunting and nerve-racking experience. In this case, we can be the company’s authorized representative to deal with the CRA and take the guesswork out of the process. New business setup We’ll make sure the business has all the legal documents to operate. G&P Accounting Services is qualified to handle incorporation and formation documents. Plus, we offer consulting, name search, startup planning, payroll, and more. Financial statements These statements reflect the health of a small business and offer insights to help plan the company’s future, operations, and financing options. Our chartered accountants will keep these organized and easier to review to support every entrepreneur’s decision-making. Are you a small business owner looking for accounting firms in Mississauga? Your search ends here at G&P Accounting Services. Book a free initial consultation through our website or call 905- 808-0055.