Dental specialists can benefit from our financial and tax knowledge. You may concentrate on creating beautiful smiles; our accountants will take care of all your business financial needs.
About Us
Who we are
“we always take care of clients seriously”
It takes a lot of effort to accomplish your goals. Our goal is to assist you in reaching your goals. To better understand your circumstances, a consultation is included in this tax package. Next, we arrange your money such that you can take advantage of as many job deductions as possible. It’s the finest approach to position yourself for success in the future.
This is what’s contained:
- T1 Business Income Tax Return
- Year-round accounting and business assistance to address your inquiries
- Formation of a Medical Professional Company
- Medical Professional Corporation’s registration with the Ontario College of Physicians and Surgeons (CPSO)
- Medical Professional Corporation’s yearly renewal with CPSO
- Tax slip issuance for the T2 Corporate Income Tax Return
- T4 (Employment)
- T5 (Dividends)
- Financial statement compilation: Reader’s notice
- Advice and direction regarding allowable tax deductions
- Representation with the CRA throughout the year
- Monthly bookkeeping
- Monthly reporting of trial balance & P&L
Services
- Bookkeeping
- Accounting
- Tax Planning
- Salaried/Resident Tax Returns
- Self Employed Physician Tax Returns
- Corporate Tax Returns
- Back Office Management
- Financial Management Services
FAQs
A dental clinic may undoubtedly do its own bookkeeping, but dental accounting can be complicated, so it might be advisable for your business to use a specialist. With their extensive backgrounds in the dental and medical fields, we can offer you specialised insights into the particular difficulties your clinic can encounter. You can also save time by outsourcing your dental accounting, which you can employ for other urgent business issues.
The profit and loss statement, balance sheet, accounts receivable ageing report, and production report are a few examples of accounting reports. Dental practices can use these reports to manage cash flow, track financial performance, and make wise business decisions.
We specialize in Tax Planning for Lawyers, Financial Statement Compilation, Income and Capital Tax minimization, Practice Acquisition Accounting
Financial statements should be reviewed by dentists on a regular basis, preferably quarterly or monthly. This lets you keep an eye on your financial performance and decide on the best course of action for your practice going forward. You can accomplish this with the aid of our accounting services for dentists.
Accurate financial accounts are essential for understanding your organization’s current situation and future prospects, regardless of its size. In addition to offering assistance in understanding your financial reporting obligations and outcomes, we provide a variety of assurance services.