Sound tax planning services in Mississauga, ON to strategically grow your business
As your business grows, tax-related obligations can quite literally eat into any of the “free” time that you have available as an owner. Likewise, you may not be ready to hire a full-time professional or team to manage your tax planning. The good news is, you don’t have to budget for a full-time, internal tax team’s overhead!
Miranda Professional Corporation provides efficient and accurate business tax planning services in Mississauga, ON. Since we are qualified accountants and tax professionals, we get your taxes in order fast and free of errors or incomplete reporting and record-keeping. Moreover, we provide additional value to your business. Instead of tax season creeping up on you every year, we view tax-related planning as an ongoing and vital business process. So, rather than rushing to file, we request information throughout the year. We identify opportunities to reduce your tax liabilities, as well as deductions and credits that allow us to keep more money in your business’s metaphorical “pocket.”
When tax planning is merely viewed as a necessary evil that you’re completing on deadline, the odds of overlooking important information and making errors increase exponentially that can lead to costly tax penalties. Furthermore, this approach affords no opportunity to identify tax savings. Also, with our stellar record-keeping and data storage infrastructure in place, we’re able to take full advantage of Canada Revenue Agency provisions; for instance, the CRA allows for you to make adjustments to your taxes for 10 years. Other accounting firms tend to only review the current year’s taxes and the prior year’s taxes. This is a significant missed opportunity to recover tax debt.
Generally, we’ll be working with you throughout the year to assess changes and collect information related to the following:
- Income – Invoices, receipts, bank deposit slips, contracts, cash register tapes, fee statements
- Expenses – Receipts and vouchers from sellers and suppliers
- Property – Records that show when a property was sold or traded and the payment or credit that you received
Tax obligations have many implications for your business. Benefit from an accounting and business consulting firm that understands how taxes link strategically to other functions of your business. Call Miranda Professional Corporation today at +1 855-839-4969 to schedule an appointment.
