Physician Tax Services
Physicians often face tax decisions that go well beyond filing an annual tax return. Incorporation, salary and dividend planning, corporate investments and major career changes can all have significant tax consequences.
We provide tax advisory, planning and compliance services for physicians and medical professionals, with a focus on helping you make informed decisions throughout your career.
Medical Professional Corporations
We assist physicians with the tax considerations of incorporating and operating a medical professional corporation, including corporate structuring and ongoing tax planning.
Salary and Dividend Planning
We help determine how much compensation to withdraw from your corporation and whether salary, dividends or a combination of both makes sense based on your personal cash flow, RRSP room and longer-term goals.
Corporate and Personal Tax
We coordinate your corporate and personal tax filings so that your tax compliance is aligned with your overall tax strategy.
Corporate Investment and Passive Income
As funds accumulate in your corporation, we can help you understand the tax implications of investing corporately, including passive investment income and its impact on your corporate tax position.
We work with physicians throughout the year to review compensation, corporate profits, investments, tax instalments and upcoming financial decisions so that opportunities can be identified before year-end.
Speak With a Physician Tax Advisor
Whether you are starting your medical career, recently incorporated or have been practising for years, we can help you develop a practical tax strategy for your professional corporation and personal finances.
Check out our articles with tax-saving tips, specifically designed for physicians here.