Tax Preparation Packages Built For Medical Doctors.
No sweat tax packages to minimize your paperwork and maximize your tax deductions.
Employee Tax Return Package
Who its for: Residents, Fellows & Salaried Physicians
A complete package that includes consulting services for your tax and financial needs and preparation of your tax return to minimize paperwork and maximize your available employment deductions.
What You Get:
- T1 Individual Income Tax Return
- Assistance summarizing and determining eligible expenses/credits
- Tax, financial, and budgeting strategies
- Personalized tax calendar and email due date reminders
- On-going support to answer all of your questions throughout the year
- General communication and correspondence with the CRA
- Electronic filing and CRA confirmation
Self-Employed Physician Tax Return Package
Who it’s for: Physicians earning income through a sole proprietorship
A complete package for unincorporated medical professionals that includes financial and tax consulting services and preparation of your business tax return to help you make informed financial decisions and minimize your tax liability.
What You Get:
- T1 Business Income Tax Return
- Assistance summarizing and determining eligible expenses/credits
- Tax, financial, and budgeting strategies
- Personalized tax calendar and email due date reminders
- 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
Incorporated Physician Tax Returns and Financial Statements Package
Who it’s for: Physicians earning income through a corporation
A complete package for incorporated medical professionals that includes corporate and personal tax return preparation, financial statements, and tax and financial planning services that consider available tax deferral strategies, income splitting strategies, tax efficient distributions, and available expense deductions.
What You Get:
- T1 Individual Income Tax Return
- T2 Corporate Income Tax Return
- Tax Slips – T4 (Employment) & T5 (Dividends)
- Financial Statements – Notice to Reader
- Tax deferral, income splitting, and tax efficient distribution strategies
- Setup, training, and ongoing support with cloud based accounting software
- Personalized tax calendar and email due date reminders
- 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
* Our fees cover all compliance work and general queries, so feel free to contact us throughout the year with any questions you might have. The fees may vary depending on your specific situation, if you need extra support for complicated issues or anything else beyond our standard packages, we will build a customized package for your particular needs. A discount on the standard fees will be applied for part-year/reduced income/parental leave. Please contact us to obtain a fee quote for professional services.