We have experience in advising professionals - physicians, dentists and specialists - on the very specific financial aspects of running a professional practice. Your practice is different from a traditional business, and we understand the complexities of making it run efficiently. We can advise you on the unique rules for incorporated professionals, and the tax implications of buying property, adding associates to your practice, or making family members shareholders. From the start of your career to your retirement, work with us to keep your finances healthy. We offer fixed-fee bookkeeping services.

Our cost-effective bookkeeping services include:

• Financial Statement Preparation
• Online and Offline Bookkeeping for dentists (Monthly/Quarterly/Annual)
• New Business Accounting System Set-up
• Tax Return Preparation (Practice and Personal)
• T4 (Salary) and T5 (Dividends) Preparation
• Cash Flow Management
• CRA Query Management

Ways, we can assist you:

Practice Purchases

1. Helping you decide whether or not the proposed practice purchase will fit in with your long-term financial and life style goals.
2. Guiding you in structuring the purchase from an income tax point of view.
3. Giving you hands-on assistance in implementing accounting and financial reporting systems.

Associateships/Cost Sharing

1. Helping you select the best cost sharing structure.
2. Implementing a successful cost sharing mechanism.
3. Assisting in setting up effective buy/sell arrangements.