Professional, qualified accountants
Your file is handled by experienced professional accountants who work to Canadian accounting and assurance standards, not seasonal preparers. Every return and financial statement is reviewed before it is filed.
Frequently Asked Questions
Clear answers to the questions Alberta individuals and businesses ask us most about accounting, tax and working with BOMCAS Canada.
More about accounting and tax in Alberta
Based in Sherwood Park and serving Edmonton, Strathcona County and the wider Capital Region, BOMCAS Canada works at the heart of one of Alberta's most diverse economies — energy and the oil sands, the Edmonton Industrial Heartland, agriculture and agri-food, construction, transportation and logistics, healthcare, professional services, retail and a fast-growing technology sector. Each of these activities carries its own tax treatment, record-keeping expectations and planning opportunities, and the right accounting, tax and bookkeeping services make a measurable difference to how much tax you pay and how confidently you can plan ahead. We work with individuals, families, sole proprietors, partnerships, corporations and not-for-profits across Sherwood Park, Edmonton and every corner of the province, applying current federal and Alberta rules to each client's specific circumstances rather than relying on one-size-fits-all templates.
Alberta sales tax: the GST-only advantage
Alberta is the only province in Canada with no provincial sales tax. There is no PST and no HST — only the federal Goods and Services Tax (GST), charged at 5 percent and administered by the Canada Revenue Agency, applies to most goods and services. For Sherwood Park and Edmonton businesses this means the lowest combined sales-tax rate in the country and noticeably simpler compliance than almost anywhere else in Canada. GST works as a value-added tax: registrants can generally recover the GST they pay on business inputs through input tax credits, so the real cost falls on the final consumer rather than on businesses in the supply chain. Registration becomes mandatory once your worldwide taxable supplies exceed $30,000 over four consecutive calendar quarters, though many businesses choose to register earlier to recover input tax credits on start-up spending. Getting your registration timing, the correct GST treatment of each product or service, the Quick Method election where it helps, and your filing cadence right is one of the most common areas where Alberta businesses benefit from professional help.
Federal and Alberta income tax
Sherwood Park and Alberta residents and businesses pay both federal and Alberta income tax. Individuals are taxed under federal brackets alongside Alberta's provincial brackets and benefit from provincial credits and programs that interact with the federal system. Alberta corporations pay the lowest general corporate tax rate in Canada at 8 percent, together with a 2 percent small-business rate on the first $500,000 of active business income that qualifies for the small-business deduction, layered on top of the federal corporate rates. Planning around salary versus dividends, the timing of income and expenses, capital cost allowance, and the use of available credits requires an accountant who works with these combined rules every day. Our role is to keep your filings accurate and on time while structuring your affairs so you keep more of what you earn, entirely within the rules.
Why a Sherwood Park-based, Alberta-focused firm matters
Tax software and national chains can prepare a return, but they rarely understand the local context that affects Alberta taxpayers — from the qualified-farm-property rules that matter to families in Strathcona, Sturgeon and Leduc counties, to the equipment and depreciation questions facing oilfield, trucking and construction operators around the Industrial Heartland and Nisku, to the incorporation decisions weighing on Edmonton-area doctors, dentists and consultants. By working from Sherwood Park and focusing on Alberta, BOMCAS Canada brings that context to every engagement. We offer clear fixed-fee quotes, year-round availability rather than seasonal contact, secure digital document handling so distance is never an obstacle, and direct representation before the CRA when questions or audits arise. Whether you are in Sherwood Park, Edmonton, St. Albert, Spruce Grove, Fort Saskatchewan, Leduc, Beaumont, Calgary or a smaller rural or northern community, you receive the same considered, professional standard of service.
Why BOMCAS Canada
What our clients across Alberta say
When you engage BOMCAS Canada for accounting and tax services in Alberta, you work with a professional firm that takes responsibility for getting the details right. Below is what that commitment looks like in practice, and how a typical engagement works from your first call to ongoing year-round support.
Alberta and federal tax expertise
We work with the full Alberta tax picture every day — the 5% federal GST (Alberta has no PST), Alberta personal tax brackets, provincial credits, and the federal rules that sit on top of them — so nothing is missed and nothing is misapplied.
Clear, fixed-fee quotes
You receive a clear scope and a fixed-fee quote before any work begins. There are no surprise invoices and no vague hourly meters — you always know what you are paying and what it covers.
Year-round support, not just tax season
We are available throughout the year for questions, planning and CRA correspondence, so decisions can be made with proper advice rather than guesswork between filing deadlines.
Direct CRA representation
With your authorisation we deal directly with the Canada Revenue Agency on your behalf — responding to reviews, adjustments and audit queries — and keep you informed at each step so you are never left guessing.
Secure, modern and remote-friendly
Documents are exchanged through secure digital channels, and the entire engagement can be handled remotely. Whether you are in a city centre or a rural community, you receive the same standard of service.
How we work with you
- 1. Free initial consultation We start with a no-obligation conversation about your situation, your goals and any deadlines or correspondence you are facing.
- 2. Clear scope and fixed quote We confirm exactly what is needed, what it will cost, and the information we require from you to get started.
- 3. Careful preparation and review Your work is prepared, cross-checked against current Alberta and federal rules, and reviewed by a second set of eyes before anything is filed.
- 4. Filing, explanation and ongoing support We file on time, explain the outcome in plain language, and remain available for follow-up questions and planning throughout the year.
Answers
Your questions, answered
We offer a full range of professional tax accountant services including personal and corporate tax, bookkeeping, payroll, GST, audit and assurance, financial statements, business advisory, incorporation, estate and succession planning, and CRA audit and dispute support — for clients across Alberta.
We serve all of Alberta, including the Edmonton and Calgary regions, Red Deer, Lethbridge, Medicine Hat, Grande Prairie, and central, southern and northern Alberta. We work in person and securely online.
Yes, BOMCAS Canada is a professional tax accounting firm that follows Canadian accounting and assurance standards and stays current with CRA and Alberta tax requirements.
Fees depend on the complexity of your needs. We always provide a clear, fixed-fee quote before beginning work, with no hidden charges. Contact us for a free, no-obligation estimate.
Yes. We serve individuals and families, self-employed professionals, incorporated small businesses, larger corporations, non-profits and charities.
Absolutely. We regularly help clients with catch-up bookkeeping, late tax filing, the CRA Voluntary Disclosures Program, audits and tax-debt negotiation.
Yes. Many clients work with us remotely through secure document exchange and video consultations. In-person meetings are also available.
Book a free consultation through our contact form or call 780-667-5250. We will discuss your needs and provide a transparent quote.
We typically respond within one to two working days. For urgent matters, calling us is fastest.
We work with leading cloud platforms including QuickBooks Online and Xero, and can support most common accounting systems.
Alberta is unique among Canadian provinces in having no provincial sales tax of any kind. There is no PST and no HST — only the federal Goods and Services Tax (GST), charged at 5 percent and administered by the Canada Revenue Agency, applies to most goods and services. This gives Alberta businesses the lowest combined sales-tax rate in the country and noticeably simpler compliance. GST registrants can recover the GST they pay on business inputs through input tax credits, and once worldwide taxable supplies exceed $30,000 over four consecutive quarters, registration becomes mandatory. We help you register correctly, apply the right GST treatment to each product or service, claim every input tax credit, and file your GST returns accurately and on time.
Not necessarily — incorporation is the right move for some owners and not for others. It can offer limited liability, access to the small-business corporate tax rate on active business income, and flexibility around salary versus dividends and the timing of income. However, it also brings extra filing, accounting and administrative costs. The decision depends on your profit level, risk profile, growth plans and personal cash-flow needs. We model the options for your specific situation so you can make an informed choice rather than a default one.
For personal tax, helpful items include your prior-year return and notice of assessment, all relevant slips (such as T4, T4A, T5, T3 and RRSP receipts), records of self-employment or rental income and expenses, medical and donation receipts, and details of any major life changes during the year. For a business, bring your year-end figures or bookkeeping file, bank and credit-card statements, GST records, and prior financial statements. If you are unsure, contact us beforehand and we will send a tailored checklist.
Speak With a Professional Tax Accountant Today
Ready to simplify your accounting and reduce your tax burden?
Book a complimentary, no-obligation consultation with BOMCAS Canada. We serve individuals, professionals and businesses across every community in Alberta — in person and remotely.