Smart Tax Strategies for Ontario Physicians

From residency to retirement, we help you keep more of what you earn. Customized tax planning for every stage of your medical career.

Smart Tax Strategies for Ontario Physicians

From residency to retirement, we help you keep more of what you earn. Customized tax planning for every stage of your medical career.

We Save Physicians More Money

Whether you’re working in a hospital, or running a clinic, there are several common tax deductions that might apply:

  • Licensing & professional fees
  • Continuing education
  • Workspace or home office costs
  • Medical supplies & tools
  • Accounting or legal services

Every physician’s tax situation is unique — we’ll help you navigate it and make sure nothing gets missed.

We Save Physicians More Money

Whether you’re working in a hospital, or running a clinic, there are several common tax deductions that might apply:

  • licensing & professional fees
  • continuing education
  • workspace or home office costs
  • medical supplies & tools
  • accounting or legal services

Every physician’s tax situation is unique — we’ll help you navigate it and make sure nothing gets missed.

Tax Preparation

MedTax provides proactive tax advice for your Medical Professional Corporation and personal needs.

What you get:

  • Bookkeeping for your MPC and/or HoldCo

  • Reconcile investment activity for your MPC and/or HoldCo

  • Draft and file corporate tax return for your MPC and/or HoldCo

  • Prepare personal tax returns for your entire family based on your cutomized tax plan

Tax Preparation

MedTax provides proactive tax advice for your Medical Professional Corporation and personal needs.

What you get:

  • Bookkeeping for your MPC and/or HoldCo

  • Reconcile investment activity for your MPC and/or HoldCo

  • Draft and file corporate tax return for your MPC and/or HoldCo

  • Prepare personal tax returns for your entire family based on your cutomized tax plan

Incorporating a Medical Practice Package

​Potential tax savings are one of the biggest advantages to incorporating your medical practice.

What you get:

  • 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

Incorporating a Medical Practice Package

​Potential tax savings are one of the biggest advantages to incorporating your medical practice.

What you get:

  • 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

“Alex and his team are very knowledgeable, enthusiastic and diligent in their services.

I would recommend him and his team to any doctor looking for an accountant. They respond quickly, always takes time to answer all my questions, and are extremely knowledgeable about the tax specifics and implications for doctors. I trust that they have the most up-to-date information available and that they care for my best interests financially. Thank you Alex!”

Dr. Christal Zhou

Physician

“Alex and his team are very knowledgeable, enthusiastic and diligent in their services.

I would recommend him and his team to any doctor looking for an accountant. They respond quickly, always takes time to answer all my questions, and are extremely knowledgeable about the tax specifics and implications for doctors. I trust that they have the most up-to-date information available and that they care for my best interests financially. Thank you Alex!”

Dr. Christal Zhou

Physician

MedTax.ca Is the Top Choice for Canadian Physicians

MedTax.ca Is the Top Choice for Canadian Physicians