How We Helped a Scarborough Doctor Optimize Taxes and Manage Corporate Compliance

A Scarborough-based medical professional approached Gondaliya CPA for help with incorporating their practice, managing taxes efficiently, and ensuring CRA compliance. With complex income streams, professional expenses, and potential deductions, the doctor needed expert guidance to protect their income and streamline operations.

About the Client

• Business Type: Medical practice / private clinic

• Location: Scarborough, Ontario, Canada

• Previous Setup: Sole proprietorship with personal and business finances mixed

• Key Challenges:

  • Uncertainty about the best corporate structure for tax efficiency

  • Managing professional expenses, payroll for staff, and CRA compliance

  • Maximizing eligible deductions and credits

  • Minimizing administrative workload while staying compliant

Client Objectives

• Incorporate the medical practice correctly

• Optimize taxes and maximize professional deductions

• Ensure CRA compliance for corporate filings and payroll

• Establish a structured system for financial management

What We Did

1. Corporate Structure & Incorporation
We advised on the optimal corporate structure for medical professionals and handled all incorporation paperwork efficiently.

2. Tax Planning & Deduction Optimization
We identified eligible deductions such as professional fees, office expenses, equipment, and staff payroll to minimize overall tax liability.

3. Payroll & CRA Compliance
Our team set up payroll for clinic staff, ensured accurate remittances, and guided the client through CRA reporting requirements.

4. Ongoing Support & Guidance
We provided a framework for maintaining corporate records, filing annual returns, and planning for future growth while keeping operations compliant and streamlined.

Results

• Medical practice incorporated efficiently and legally

• Taxes optimized with all eligible deductions claimed

• CRA compliance ensured for payroll, remittances, and filings

• Administrative workload reduced for the doctor

• Clear structure in place for future growth and financial management

Summary:
Scarborough medical professionals trust Gondaliya CPA for affordable, reliable incorporation, tax optimization, and payroll services, helping doctors focus on patient care while staying compliant and financially organized.