Payroll Companies & Payroll Services in Indianola, MS

Baird & Stallings CPAs is a certified public accounting firm based in Mississippi. It works with families and small businesses throughout the state and the wider Southeast. The firm has offices in Indianola and Oxford and also takes on engagements handled entirely remotely. Indianola is the office nearest to Greenville. Employers looking at payroll providers will find that payroll here is one part of a broader accounting relationship, not a separate product.

Payroll Within the Owner's Lifecycle

The firm arranges its services around the stages a small business owner goes through, from launching the company to handing it on. Payroll falls under the stage the firm calls hiring, when a business takes on its first staff and needs proper employer processes. The firm's published services for this stage include:

• Running payroll for employees
• Preparing W-2 forms for staff and 1099 forms for contractors
• Planning reasonable compensation for owner-employees
• Helping new hires get set up and onboarded

Because the same firm can also handle the books, financial statements and tax returns, payroll records can be kept in line with the rest of a company's finances. This avoids splitting that work across several vendors.

Broader Accounting, Tax and Assurance Work

Apart from payroll, Baird & Stallings helps clients choose a business entity, file elections, get an EIN and state registrations, and set up their accounting systems. For ongoing operations, it offers monthly bookkeeping, financial reporting, and sales/use and income tax filings. Growing companies can get help with budgets, forecasts, KPI tracking, pricing and loan packages prepared for lenders.

Other services include profit and distribution planning, tax basis and timing, buy-versus-lease decisions, depreciation, cost segregation and 1031 exchanges. The firm's assurance work covers internal controls, compliance, audits and support in dealings with banks. For later stages, it advises on succession, deal structure, pre-sale tax matters, gifting and trusts.

Agricultural Specialty

The firm's history is closely tied to farming. It describes itself as an early provider of financial advice to row-crop farmers and to catfish and aquaculture producers. It also says it has one of the largest concentrations of row-crop and aquaculture clients of any practice in the country. That background is relevant for Delta farm operations with seasonal or agricultural workforces.

History, Team and Approach

David Baird, CPA, CVA, founded the firm in 1977. He grew up on a family farm in Inverness, not far from the Indianola office. His work now centers on business tax, management consulting and estate planning. He has served as an executor and trustee, holds the Certified Valuation Analyst credential, and has given court testimony in business and farm disputes.

He belongs to the Mississippi Society of CPAs and the AICPA. Webb Baird, CPA, holds accountancy degrees from Mississippi State and spent nine years at a top-20 national firm in Memphis, leading audits and advising on tax. Drew Daniel, CPA, was born in Greenville and graduated from Delta State. His experience covers tax, audit, technology and small-business advisory work.

The firm says it takes a personal interest in each client and builds long-term relationships with them. It also says that when it cannot answer a question itself, it will point clients to the right resources. Most of its clients are small and mid-sized businesses that want confidential, experienced advice.