Business Details
Your Trusted Tax & Bookkeeping Partner in Saskatoon
Profit Wise Bookkeeping & Tax Services was founded to provide personalized financial solutions for individuals and small businesses in Saskatoon. With over 25 years of experience as a public school teacher and 20 years as a farmer, owner Dave Foth transitioned into financial services after extensive retraining. Our approach focuses on individualized strategies tailored to each client's unique needs, avoiding generic solutions. We specialize in tax planning, bookkeeping, payroll services, and cash flow management, helping clients increase financial stability and business growth. Our services are designed to save time and money through customized financial programs. We offer comprehensive accounting solutions, including financial statement preparation, general ledger management, and conversions to automated systems.Our commitment to personalized attention ensures clients receive forward-thinking strategies aligned with their specific goals. Located in Saskatoon, Saskatchewan, we serve local businesses and residents with expertise rooted in practical experience. Our mission is to help clients reduce tax liabilities, improve profitability, and achieve long-term financial success. By combining decades of professional experience with modern financial practices, we deliver reliable, client-focused solutions that adapt to evolving needs.
Services
Tax Return Preparation
Bookkeeping Services
Payroll Services
Cash Flow Management
Financial Statements
Tax Planning
General Ledger Preparation
System Conversions
Highlights and features
- We offer 25+ years of combined teaching and farming experience applied to financial services
- Our personalized approach avoids one-size-fits-all solutions for tailored financial strategies
- We provide comprehensive services including tax planning, bookkeeping, and payroll management
- Our local expertise serves Saskatoon individuals and small businesses specifically
- We focus on forward-thinking strategies to improve long-term financial stability
Services
Tax Return Preparation
Professional tax preparation services for individuals and businesses ensure maximum refunds while maintaining compliance. Our expertise identifies deductions specific to your situation. We handle complex filings with precision to optimize your tax outcomes.
Bookkeeping Services
Full-charge bookkeeping maintains accurate financial records through regular updates and reconciliations. We track transactions to provide clear financial visibility for informed business decisions. Our system ensures organized accounting throughout the year.
Payroll Services
Outsourced payroll handles employee payments, tax withholdings, and regulatory filings. We manage payroll cycles to reduce administrative burdens while ensuring compliance with Saskatchewan labor standards and tax requirements.
Cash Flow Management
Custom cash flow analysis identifies patterns and creates projections to improve liquidity. We develop strategies addressing seasonal fluctuations and unexpected expenses through proactive financial planning tailored to business operations.
Tax Planning
Strategic tax planning minimizes liabilities through legal deductions and timing optimizations. We analyze financial situations year-round to implement tax-efficient structures that align with long-term business and personal financial goals.
People
Dave Foth
Owner/Operator
Former educator and farmer with 25+ years teaching experience, retrained in financial services to establish Profit Wise. Combines practical business knowledge with personalized approach to help Saskatoon clients achieve financial stability.
Questions
What services does Profit Wise offer?
We provide tax preparation, bookkeeping, payroll services, cash flow management, financial statements, tax planning, general ledger preparation, and system conversions for individuals and small businesses.
Are services available outside regular business hours?
Yes, we offer extended evening and Saturday appointments during tax season to accommodate client needs.
What makes Profit Wise different from other firms?
Our personalized approach combines decades of teaching/farming experience with tailored financial strategies that avoid generic solutions for Saskatoon clients.
Do you work with small businesses only?
While we specialize in small business services like payroll and bookkeeping, we also assist individuals with tax preparation and personal financial planning.
