Essential 2024 Tax Planning Information for Medical Professionals
Simplify your 2024 tax season with expert insights within your industry and actionable steps.

Essential 2024 Tax Planning Information for Medical Professionals
Simplify your 2024 tax season with expert insights within your industry and actionable steps.


Why Plan Your Taxes Early?
- Avoid last-minute stress: Start early to gather documents and resolve issues without the pressure of tight deadlines.
- Take advantage of all eligible deductions: Proper planning helps you claim every deduction, maximizing savings and lowering taxable income.
- Ensure compliance with CRA regulations: Stay organized to file an accurate return that avoids penalties or audits.

Why Plan Your Taxes Early?
- Avoid last-minute stress: Start early to gather documents and resolve issues without the pressure of tight deadlines.
- Take advantage of all eligible deductions: Proper planning helps you claim every deduction, maximizing savings and lowering taxable income.
- Ensure compliance with CRA regulations: Stay organized to file an accurate return that avoids penalties or audits.
Plan Your 2024 Tax Filing Smarter
Ready to simplify your tax season? Download our free guide packed with expert tips, checklists, and actionable insights tailored to medical professionals in Canada.

Plan Your 2024 Tax Filing Smarter
Ready to simplify your tax season? Download our free guide packed with expert tips, checklists, and actionable insights tailored to medical professionals in Canada.

Start your free 15-minute consultation today!
Take the Next Step in Simplifying Your Taxes
Fill out the form below to start your personalized tax planning journey. Let’s tailor a strategy that fits your unique needs as a medical professional.
Sign up for your free 15-minute consultation today!
Take the Next Step in Simplifying Your Taxes
Fill out the form below to start your personalized tax planning journey. Let’s tailor a strategy that fits your unique needs as a medical professional.
MedTax.ca Is the Top Choice for Canadian Doctors
EXCELLENT Based on 20 reviews Loriette Henriquez2025-07-11Trustindex verifies that the original source of the review is Google. Alex Powell and his team are amazing! Always helpful, friendly and respond to your questions or concerns in a timely manner. They truly have your best interest at heart. We are happy with their service and look forward to working with them for years to come! Kent Tang2025-06-19Trustindex verifies that the original source of the review is Google. Alex and MedTax has been amazing. He is always very responsive and available to answer any questions I have. He is very proactive in reaching to discuss future tax planning. Definitely recommend MedTax for all your accounting needs. Seb Heaven2025-06-14Trustindex verifies that the original source of the review is Google. I've been with MedTax for several years and there's no question that I am significantly financially better off for it. They have successfully navigated mistakes I've made doing my own tax planning prior to hiring them, helped me in fixing my payroll accounting and made the personal and corporate tax filing process as easy as I have ever known it to be. Not only have they saved me tens of thousands of dollars, but they're always available for questions, meetings and discussions over any aspect of incorporated medical professional taxes. HIGHLY recommend. David Kishlyansky2025-06-14Trustindex verifies that the original source of the review is Google. I was referred to MedTax by a colleague and have been extremely impressed with Alex's services. He's incredibly professional, always offers clear and valuable advice, and is consistently responsive whenever I have questions or need support. I highly recommend MedTax to any medical professional looking for a knowledgeable and reliable accountant. Tara2025-06-13Trustindex verifies that the original source of the review is Google. Alex has been fantastic. He is personable, takes pride in his work, and is reliable, always taking the time to provide thoughtful responses to questions and tax planning for the year ahead with your goals in mind. Would highly recommend him Bader Alamri2025-06-13Trustindex verifies that the original source of the review is Google. I have worked with Alex at MedTax and his team for about two years now. It is one of the few accounting firms that maintains professionalism at a level comparable to our standards as physicians. Alex and his team are always available to answer my questions and provide explanations. As a busy physician, I consider myself financially illiterate, but I have learned so much since becoming one of their clients. I would highly recommend it. Ahmed Kotb2025-06-13Trustindex verifies that the original source of the review is Google. Could not recommend a better accounting team for Physicians than Alex Powell and his firm MedTax. They dedicate themselves and their resources including their time, availability, and expertise to look after you for all your personal, your business and your family's accounting needs. From the very beginning they have worked so hard for me towards helping me achieve my own personal and corporate goals and have given me a genuinely unparalleled level of quality guidance and due diligence along the way. Michael Pasyk2025-06-12Trustindex verifies that the original source of the review is Google. Alex Powell and the team at MedTax have been outstanding—professional, responsive, and knowledgeable about medical finances. Recommend for any healthcare professional looking for reliable tax and accounting support. chad burkhart2025-06-12Trustindex verifies that the original source of the review is Google. Great knowledgeable team. Alex is a pleasure to work with and consistently demonstrates responsiveness and attentiveness to all off my tax related needs. Ishan Gupta2024-12-17Trustindex verifies that the original source of the review is Google. Solid experience consulting with Alex. Extremely friendly, knowledgable, and trustworthy. Would recommend.
MedTax.ca Is the Top Choice for Canadian Doctors
EXCELLENT Based on 20 reviews Loriette Henriquez2025-07-11Trustindex verifies that the original source of the review is Google. Alex Powell and his team are amazing! Always helpful, friendly and respond to your questions or concerns in a timely manner. They truly have your best interest at heart. We are happy with their service and look forward to working with them for years to come! Kent Tang2025-06-19Trustindex verifies that the original source of the review is Google. Alex and MedTax has been amazing. He is always very responsive and available to answer any questions I have. He is very proactive in reaching to discuss future tax planning. Definitely recommend MedTax for all your accounting needs. Seb Heaven2025-06-14Trustindex verifies that the original source of the review is Google. I've been with MedTax for several years and there's no question that I am significantly financially better off for it. They have successfully navigated mistakes I've made doing my own tax planning prior to hiring them, helped me in fixing my payroll accounting and made the personal and corporate tax filing process as easy as I have ever known it to be. Not only have they saved me tens of thousands of dollars, but they're always available for questions, meetings and discussions over any aspect of incorporated medical professional taxes. HIGHLY recommend. David Kishlyansky2025-06-14Trustindex verifies that the original source of the review is Google. I was referred to MedTax by a colleague and have been extremely impressed with Alex's services. He's incredibly professional, always offers clear and valuable advice, and is consistently responsive whenever I have questions or need support. I highly recommend MedTax to any medical professional looking for a knowledgeable and reliable accountant. Tara2025-06-13Trustindex verifies that the original source of the review is Google. Alex has been fantastic. He is personable, takes pride in his work, and is reliable, always taking the time to provide thoughtful responses to questions and tax planning for the year ahead with your goals in mind. Would highly recommend him Bader Alamri2025-06-13Trustindex verifies that the original source of the review is Google. I have worked with Alex at MedTax and his team for about two years now. It is one of the few accounting firms that maintains professionalism at a level comparable to our standards as physicians. Alex and his team are always available to answer my questions and provide explanations. As a busy physician, I consider myself financially illiterate, but I have learned so much since becoming one of their clients. I would highly recommend it. Ahmed Kotb2025-06-13Trustindex verifies that the original source of the review is Google. Could not recommend a better accounting team for Physicians than Alex Powell and his firm MedTax. They dedicate themselves and their resources including their time, availability, and expertise to look after you for all your personal, your business and your family's accounting needs. From the very beginning they have worked so hard for me towards helping me achieve my own personal and corporate goals and have given me a genuinely unparalleled level of quality guidance and due diligence along the way. Michael Pasyk2025-06-12Trustindex verifies that the original source of the review is Google. Alex Powell and the team at MedTax have been outstanding—professional, responsive, and knowledgeable about medical finances. Recommend for any healthcare professional looking for reliable tax and accounting support. chad burkhart2025-06-12Trustindex verifies that the original source of the review is Google. Great knowledgeable team. Alex is a pleasure to work with and consistently demonstrates responsiveness and attentiveness to all off my tax related needs. Ishan Gupta2024-12-17Trustindex verifies that the original source of the review is Google. Solid experience consulting with Alex. Extremely friendly, knowledgable, and trustworthy. Would recommend.

“I’ve been working with Alex since late 2021. He and the team are very responsive and accessible.
I appreciate his taking the time to explain recommendations and decisions in detail.”
Hussein Hirjee
MD, FRCPC
MedTax.ca Is the Top Choice for Canadian Doctors
EXCELLENT Based on 20 reviews Loriette Henriquez2025-07-11Trustindex verifies that the original source of the review is Google. Alex Powell and his team are amazing! Always helpful, friendly and respond to your questions or concerns in a timely manner. They truly have your best interest at heart. We are happy with their service and look forward to working with them for years to come! Kent Tang2025-06-19Trustindex verifies that the original source of the review is Google. Alex and MedTax has been amazing. He is always very responsive and available to answer any questions I have. He is very proactive in reaching to discuss future tax planning. Definitely recommend MedTax for all your accounting needs. Seb Heaven2025-06-14Trustindex verifies that the original source of the review is Google. I've been with MedTax for several years and there's no question that I am significantly financially better off for it. They have successfully navigated mistakes I've made doing my own tax planning prior to hiring them, helped me in fixing my payroll accounting and made the personal and corporate tax filing process as easy as I have ever known it to be. Not only have they saved me tens of thousands of dollars, but they're always available for questions, meetings and discussions over any aspect of incorporated medical professional taxes. HIGHLY recommend. David Kishlyansky2025-06-14Trustindex verifies that the original source of the review is Google. I was referred to MedTax by a colleague and have been extremely impressed with Alex's services. He's incredibly professional, always offers clear and valuable advice, and is consistently responsive whenever I have questions or need support. I highly recommend MedTax to any medical professional looking for a knowledgeable and reliable accountant. Tara2025-06-13Trustindex verifies that the original source of the review is Google. Alex has been fantastic. He is personable, takes pride in his work, and is reliable, always taking the time to provide thoughtful responses to questions and tax planning for the year ahead with your goals in mind. Would highly recommend him Bader Alamri2025-06-13Trustindex verifies that the original source of the review is Google. I have worked with Alex at MedTax and his team for about two years now. It is one of the few accounting firms that maintains professionalism at a level comparable to our standards as physicians. Alex and his team are always available to answer my questions and provide explanations. As a busy physician, I consider myself financially illiterate, but I have learned so much since becoming one of their clients. I would highly recommend it. Ahmed Kotb2025-06-13Trustindex verifies that the original source of the review is Google. Could not recommend a better accounting team for Physicians than Alex Powell and his firm MedTax. They dedicate themselves and their resources including their time, availability, and expertise to look after you for all your personal, your business and your family's accounting needs. From the very beginning they have worked so hard for me towards helping me achieve my own personal and corporate goals and have given me a genuinely unparalleled level of quality guidance and due diligence along the way. Michael Pasyk2025-06-12Trustindex verifies that the original source of the review is Google. Alex Powell and the team at MedTax have been outstanding—professional, responsive, and knowledgeable about medical finances. Recommend for any healthcare professional looking for reliable tax and accounting support. chad burkhart2025-06-12Trustindex verifies that the original source of the review is Google. Great knowledgeable team. Alex is a pleasure to work with and consistently demonstrates responsiveness and attentiveness to all off my tax related needs. Ishan Gupta2024-12-17Trustindex verifies that the original source of the review is Google. Solid experience consulting with Alex. Extremely friendly, knowledgable, and trustworthy. Would recommend.
Ready to Explore More Tax Deductions? Get Your Full Free List Today!

“I’ve been working with Alex since late 2021. He and the team are very responsive and accessible.
“I’ve been working with Alex since late 2021. He and the team are very responsive and accessible.
Hussein Hirjee
MD, FRCPC
MedTax.ca Is the Top Choice for Canadian Doctors
EXCELLENT Based on 20 reviews Loriette Henriquez2025-07-11Trustindex verifies that the original source of the review is Google. Alex Powell and his team are amazing! Always helpful, friendly and respond to your questions or concerns in a timely manner. They truly have your best interest at heart. We are happy with their service and look forward to working with them for years to come! Kent Tang2025-06-19Trustindex verifies that the original source of the review is Google. Alex and MedTax has been amazing. He is always very responsive and available to answer any questions I have. He is very proactive in reaching to discuss future tax planning. Definitely recommend MedTax for all your accounting needs. Seb Heaven2025-06-14Trustindex verifies that the original source of the review is Google. I've been with MedTax for several years and there's no question that I am significantly financially better off for it. They have successfully navigated mistakes I've made doing my own tax planning prior to hiring them, helped me in fixing my payroll accounting and made the personal and corporate tax filing process as easy as I have ever known it to be. Not only have they saved me tens of thousands of dollars, but they're always available for questions, meetings and discussions over any aspect of incorporated medical professional taxes. HIGHLY recommend. David Kishlyansky2025-06-14Trustindex verifies that the original source of the review is Google. I was referred to MedTax by a colleague and have been extremely impressed with Alex's services. He's incredibly professional, always offers clear and valuable advice, and is consistently responsive whenever I have questions or need support. I highly recommend MedTax to any medical professional looking for a knowledgeable and reliable accountant. Tara2025-06-13Trustindex verifies that the original source of the review is Google. Alex has been fantastic. He is personable, takes pride in his work, and is reliable, always taking the time to provide thoughtful responses to questions and tax planning for the year ahead with your goals in mind. Would highly recommend him Bader Alamri2025-06-13Trustindex verifies that the original source of the review is Google. I have worked with Alex at MedTax and his team for about two years now. It is one of the few accounting firms that maintains professionalism at a level comparable to our standards as physicians. Alex and his team are always available to answer my questions and provide explanations. As a busy physician, I consider myself financially illiterate, but I have learned so much since becoming one of their clients. I would highly recommend it. Ahmed Kotb2025-06-13Trustindex verifies that the original source of the review is Google. Could not recommend a better accounting team for Physicians than Alex Powell and his firm MedTax. They dedicate themselves and their resources including their time, availability, and expertise to look after you for all your personal, your business and your family's accounting needs. From the very beginning they have worked so hard for me towards helping me achieve my own personal and corporate goals and have given me a genuinely unparalleled level of quality guidance and due diligence along the way. Michael Pasyk2025-06-12Trustindex verifies that the original source of the review is Google. Alex Powell and the team at MedTax have been outstanding—professional, responsive, and knowledgeable about medical finances. Recommend for any healthcare professional looking for reliable tax and accounting support. chad burkhart2025-06-12Trustindex verifies that the original source of the review is Google. Great knowledgeable team. Alex is a pleasure to work with and consistently demonstrates responsiveness and attentiveness to all off my tax related needs. Ishan Gupta2024-12-17Trustindex verifies that the original source of the review is Google. Solid experience consulting with Alex. Extremely friendly, knowledgable, and trustworthy. Would recommend.