Accounting & Tax Services
We are committed to becoming a valuable and trusted partner of your company. Streamlining your journey starts with a plan, a vision, teamwork, focus, and commitment. Wave Taxes professionals work with business partners in all areas of accounting to help business owners achieve their goals. Our strategy is result-driven, providing peace of mind. With a high standard of quality and professionalism, we are dedicated, detail-oriented, passionate professionals who understand, determine and deliver what our partners expect.
We strongly believe in our experts delivering results beyond your expectations.
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Acquire Financial Health With Our Accounting Services For Your Company
Understanding Your Company’s Finances
Each business requires a custom solution, and we understand that. We are committed to helping our partners succeed. Wave Taxes Inc. offers more than just tax planning strategies in Calgary. Besides tax planning and accounting services, we also assist you in understanding your company’s financial health and minimizing pain points.
Cashflow Management & Planning
An organization’s cash flow measures the turnover of its operations and its ability to generate profitability. Positive cash flow indicates that the organization is generating more revenue than it is spending. Understanding a cash flow statement can extract valuable information about a company’s financial health. Business owners and entrepreneurs can use it to understand business performance and adjust key initiatives and strategies. Cash flow is essential for every business. A well-planned budget will prevent cash flow problems and tough financial decisions. Cash flow management will ensure you have enough money to pay your staff and cover regular business expenses. A cash flow estimate will be calculated by looking at your monthly expenditures and operational costs. Understanding your company’s cash flow will help you reach your goals faster.
Corporation Income Tax Return Instead
All corporations must file federal income tax returns. Tax returns must be filed within six months of the corporation’s tax year-end. Get in touch with Wave Taxes when you need to file a corporate income tax return, including reassessments or amended returns.
Personal Tax Planning
What are the best ways to save on taxes despite tax complexity?
Tax affects nearly every aspect of family life in Canada. You and your family may save significant amounts of money by taking advantage of various tax credits and planning strategies. Business and personal taxes are closely intertwined, and our professionals integrate both services to maximize efficiency. Our approach is tailored to each client’s needs based on a thorough understanding of their future goals and current financial situation. With our comprehensive tax planning, we take the time to listen and analyze your complete financial picture.
Canadian tax for nonresidents: If you have income from Canadian sources but are not a resident of Canada, you might be subject to Canadian income tax. Find out how tax planning strategies can save you money.
US tax for Canadians: It may be necessary for Canadians (not US citizens) who spend substantial time in the US for work or leisure to file US income tax returns. Learn how cross-border tax planning can help you save money.
- Sole proprietorship
- Registration for GST/HST
One individual runs a sole proprietorship as an unincorporated business. A sole proprietorship has no separate legal status from the business, and its owner is responsible for making decisions, receiving profits, and claiming losses. The net income generated by your business is taxed as personal income if you are a sole proprietor. A sole proprietor pays taxes by completing a T1 form to report income (or loss).
GST/HST registration may be required for sole proprietors who provide taxable supplies in Canada.
Areas We Serve
Airdrie, Beaumont, Brooks, Calgary, Camrose, Chestermere, Cold Lake, Edmonton, Fort Saskatchewan, Grande Prairie, Lacombe, Leduc, Lethbridge, Lloydminster, Medicine Hat, Red Deer, Spruce Grove, St. Albert, Wetaskiwin.