Francis Do

Doctor's Tax Insights is a bi-weekly newsletter with the goal of sharing practical tax and financial planning insights tailored specifically for physicians - from the benefits of incorporation, to retirement planning, and more advanced strategies. One of the most common questions physicians ask is: “Can I deduct this expense?” With CRA audits increasingly targeted at professionals, it’s important to clearly understand what’s deductible, what’s not, and what requires careful structuring....

Doctor's Tax Insights is a bi-weekly newsletter with the goal of sharing practical tax and financial planning insights tailored specifically for physicians - from the benefits of incorporation, to retirement planning, and more advanced strategies. This week, we’ll start with the basics:  Should you incorporate? And for those earlier in practice, what does it actually mean to operate through a Medical Professional Corporation (MPC)? Key Characteristics of a MPC At a high level, a corporation...

Carrying on business in Canada - Subsidiary or branch