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

$4,250+ 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