Just starting your business or looking for the basics? That is a massive time saver and helps me get paid faster! Most of my clients pay with credit cards using the secure link on the invoice. The proper tax forms—1099 in the US and T4-A in Canada—are also generated for you. Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!). Pay independent contractors and employees, and generate W2 and 1099 forms for tax season.

Hands-off bookkeeping and financial guidance with in-house experts

We’ve also crafted a guide to small business payroll to help you navigate the process. That’s why a payroll software like Wave’s can help ease the burden of doing payroll on your own. We totally get it—running payroll for your small business can seem like a daunting task, especially when you’ve got so much on your plate. Payroll software saves you time so you can focus on the best parts of running your business.

With a Pro Plan subscription, you can connect your bank account with Wave and automatically import your transactions. You can grant access to a trusted individual—an accountant, bookkeeper, tax preparer, or business partner, for example—by inviting that person to be a collaborator. “When I signed up with Wave it was a no brainer. It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point.”

Easily generate T4 and T4A slips and summaries for tax season. This can help you make bookkeeping a breeze. This can help you save time and make financial decisions quickly.

“The app is great for writing estimates and invoices. You can mark invoices paid on the spot, so your records are instantly up to date. Set up automatic payment reminders and stop chasing customers.

Organized and stress-free small business accounting

Wave is truly simple money management solutions for small business owners like you! Send invoices to clients, get paid, and manage your books, all in one convenient platform. See our step-by-step guide on how to invite collaborators to your Wave account. To upgrade to the Pro Plan, sign into Wave.

Faster payments, better cash flow

Upon processing your first payroll, you can use Wave Payroll for up to 30 days, commitment-free. Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information. Your employees can log into Wave securely to access their pay stubs and T4s and manage their contact and banking information. Save valuable time and get peace of mind by having Wave handle your Canada Revenue Agency (CRA) tax remittances on your behalf. You can effectively analyze the financial health of your business, find ways to generate more profit, and move forward with your business plan.

Run your business on-the-go

Wave’s complete payroll tax service will automatically pay and file your state and federal payroll taxes. Visit your dashboard or use your invoicing or accounting features, and click the “Upgrade now” button. Following the offer period, your account will automatically be charged at the listed monthly price until you cancel your subscription. Learn more about changing subscription periods and plan types, and how to cancel your Pro subscription in our Help Centre. Approval to use online payments is subject to eligibility criteria, including identity verification and credit review. “My fav tool for invoicing & accounting is Wave. Easy-to-use. And I love the interface. Check it out!”

Keep track of payments

• Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information.
• Connect your bank accounts in seconds with the Pro Plan.
• Have an eye on the big picture so you can make better business decisions.

When everything is neatly where it belongs, tax time is simple. Connect your bank accounts in seconds with the Pro Plan. Start for free, or learn about our Pro Plan features below. Keep your books organized and accurate and make tax time suck less. Learn how to cancel your subscription in our Help Center. The cancellation of your subscription will take effect at the end of the billing period in which you cancel.

• We provide different levels of support, depending on the plan and/or the add-on features you choose.
• Our plans are built for small business owners at every stage!
• “When I signed up with Wave it was a no brainer. It’s been one of the best decisions I’ve made when it comes to making sure my accounting is on point.”
• Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!).

Plus, easily access key reports (like profit and loss statements) about the health of your business. Wave’s all about irs form 1041 dashboard organizes your info to show how your business is performing. Want to look more polished, save more time, and conquer cash flow?

What if I want to pause my payroll for a period of time?

Not all financial institutions are supported so we can’t guarantee that you will be able to connect an account. Prices do not include applicable tax. Discount applied to the listed monthly price for Wave’s Pro Plan, starting from the date the Pro Plan is purchased and continuing for three monthly payment periods.

Wave uses real, double-entry accounting software. You don’t need to what is a sundry be an accountant to keep your books organized, accurate, and ready for tax time. Wave’s smart dashboard organizes your income, expenses, payments, and invoices.

Look and feel polished, keep your books organized, and kick tax season’s butt, whether you’re a newbie or seasoned pro. Our invoicing process would be lost without it! “Wave makes your life a whole lot easier and takes that worry off you. I’ve tried Quickbooks—it’s a bit more complicated and technical, and takes more time to set up.”

Now, Wave offers our tax service in all 50 US states, meaning the pricing is the same for all states. Prior to April 2, 2025, our tax service was not available in all US states. Wave Payroll supports paying both employees and independent contractors when you run payroll.

Tax payments and filings

Accounting software helps business owners understand how money flows in and out of their businesses. Wave has all the key features you need to keep your books accurate and run your business smoothly. Wave makes it easy to invite additional users to your account to help with your accounting. Yes, switching from other accounting apps or products to Wave is easy! Wave is PCI Level-1 certified for handling credit card and bank account information.

Over $24 billion in Wave invoices sent each year. 100% secure payments.

Bank data connections are read-only and types and properties of assets use 256-bit encryption. Transactions will appear in your bookkeeping automatically, and you’ll say goodbye to manual receipt entry. Have an eye on the big picture so you can make better business decisions. Create unlimited bookkeeping records and keep your records spotless. With the Pro Plan, automatically import, merge, and categorize your bank transactions.