Maximize Your Tax Efficiency with Our Comprehensive Services

Understanding the unique tax needs of medical professionals at every career stage is our specialty at MedTax. Whether you are a resident, self-employed physician, or incorporated practitioner, our tailored tax solutions are designed to maximize your financial success.

Maximize Your Tax Efficiency with Our Comprehensive Services

Understanding the unique tax needs of medical professionals at every career stage is our specialty at MedTax. Whether you are a resident, self-employed physician, or incorporated practitioner, our tailored tax solutions are designed to maximize your financial success.

Why Choose MedTax for Your Tax Preparation Services?

Experience the ease of life and the maximized returns that come with our tailored solutions, specifically designed to meet the unique needs of medical professionals at
every stage of their careers.

Why Choose MedTax for Your Tax Preparation Services?

Experience the ease of life and the maximized returns that come with our tailored solutions, specifically designed to meet the unique needs of medical professionals at every stage of their careers.

Corporate Tax Package

A complete package for incorporated medical professionals that includes corporate and personal tax return preparation, financial statements, and tax planning services that consider available tax deferral strategies, income splitting strategies, tax efficient distribution, and available expense deductions.

Included in this package:

  • Preparation of T1 individual income tax return (and partners tax return if applicable)

  • Preparation of T2 corporate income tax return

  • Tax slips – T4 (employment) & T5 (dividends)

  • Tax deferral, income splitting, and tax efficient distribution strategies

  • Personalized tax calendar

  • On-going support to answer all of your questions throughout the year

  • General communication and correspondence with the CRA

  • Electronic filing and CRA receipt confirmation of return

  • Filing Ontario Information Returns

Incorporated Physicians

$4,500+ TAX

Incorporating a Medical Practice Package

Incorporating your practice offers key tax savings. MedTax ensures full incorporation within 7 days (Ontario only) through our streamlined process, including:

  • File Articles of Incorporation

  • Create a Minute Book including; organizing resolutions, shareholder and director minutes, issue shares and share certificates, create all corporate registries

  • Recommend appropriate banking structure for your corporation

  • Provide a list of expenses to be transferred to the corporation from your personal account

Medical Practice Incorporation

$1650+ HST

Family Trust Package

A complete package for family trusts that includes inter vivos trust tax return preparation, and tax planning services that consider available tax deferral strategies, income splitting strategies, tax efficient distribution, and available expense deductions.

Included in this package:

  • Preparation of T3 trust income tax return

  • Tax slips –  T3, T5 (interest)

  • Tax deferral, income splitting, and tax efficient distribution strategies

  • On-going support to answer all of your questions throughout the year

  • General communication and correspondence with the CRA

  • Electronic filing and CRA receipt confirmation of return

Family Trust

$750+ TAX

Self-Employed Physician Tax Package

A comprehensive tax consulting package for medical professionals earning income through a sole proprietorship. Providing you with the knowledge to make informed tax decisions and help you reduce your tax burden.

Included in this package:

  • Preparation of T1 individual tax return

  • Proactive tax planning services taking into consideration your current and future needs

  • Tax planning for investments, including real estate income

  • Support throughout the year

  • General communication and correspondence with the CRA

  • Electronic filing and CRA receipt confirmation of return

Self-Employed Physicians

$750+ TAX

Self-Employed Physicians

Residency and Fellowship Tax Package

A complete package that includes: consulting for your tax and financial goals, and preparation of your tax returns (for residents & fellows that have no other sources of income.) Minimize stress, and maximize returns.

Included in this package:

  • Preparation of T1 individual tax return

  • Addressing any tax related question and assistance with CRA inquiries

  • Tax planning as you transition to practice

  • Electronic filing and CRA confirmation of return

Residents & Fellows

$0
Free tax returns for those registered as a resident or fellow and have no other sources of income.

Optimize Your Financial Success!

Use this form to book your free 15-minute consultation with MedTax.ca today!


Optimize Your
Financial Success!

Use this form to book your free 15-minute consultation with MedTax.ca today!


“I’ve been with MedTax for my tax services for years and can’t recommend them highly enough.

Alex and the team are meticulous with their work, and present an easy and accessible breakdown of my taxes for review, saving me countless hours. They are also incredibly quick to answer any questions that arise. I can rest assured that I’m in good hands. They have my highest endorsement.”

Dr. Celine Kim

Physician

MedTax.ca Is the Top Choice for Canadian Doctors

MedTax.ca Is the Top Choice for Canadian Doctors