Accountant for Audiologists in Ontario and Across Canada
Keeping audiologists on top of their numbers — the exempt-services-versus-zero-rated-hearing-aids question, ITC recovery, ADP billing, corporate or self-employed tax, professional-corporation planning and every deduction you are entitled to, so your clinic keeps more and your filings stay clean. Whether you are a self-employed contract audiologist, a private-practice or hearing-clinic owner, a dispensing audiologist or an incorporated professional, a Registered CPA handles the tax rules that make or break an audiology practice’s bottom line. Everything is handled under one roof at clear, AFFORDABLE flat fees — no hourly billing and no surprises.
AFFORDABLE Accounting & Tax Services for Audiologists
An audiologist’s finances are more nuanced than they look. Your clinical services — hearing assessments, diagnostic audiology, tinnitus and vestibular care — are HST-exempt, but the hearing aids you dispense are zero-rated medical devices: 0% HST, yet ITC-eligible, so registering can let you recover input tax credits. Add Ontario ADP billing, inventory, the self-employed-versus-incorporated question and income from several sources, and generic bookkeeping quickly falls short.
We do it all under one roof: bookkeeping, self-employed (T2125) or corporate tax (T2), the exempt-versus-zero-rated HST and ITC analysis, and year-round tax planning — delivered by a Registered CPA who understands audiology practices. We separate your exempt services from your zero-rated hearing-aid sales, apportion ITCs correctly, claim every deduction, and, where it fits, set up an audiology professional corporation so your income is taxed as favourably as the rules allow. We serve self-employed, private-practice and incorporated audiologists across Ontario and Canada. AFFORDABLE flat fees. No hourly billing.
Our Official Partners
Accounting & Tax Service That Understands Audiologists
From self-employed contract audiologists and mobile hearing-testing providers to private-practice and hearing-clinic owners and incorporated professionals, we know how audiologists actually earn — exempt services alongside zero-rated hearing-aid sales — and how the CRA taxes them. One team keeps your income, HST, ITCs, deductions and filings accurate, and your tax as low as the rules allow, with clear fixed fees and no surprises.
Stay Compliant and Minimize Your Audiology Tax
Audiologists face questions other professionals do not — which services are exempt supplies, why hearing aids are zero-rated rather than exempt, whether to register for HST to recover ITCs, and whether to incorporate an audiology professional corporation all have to be right. Compliance and tax savings go hand in hand, and we keep every obligation on schedule while applying every deduction and input tax credit available to your clinic.
Accounting & Tax Experts for Audiologists
- AFFORDABLE + Fully Registered CPA Firm
- Healthcare & Allied-Health Professional Specialist
- Exempt/Zero-Rated HST & Professional-Corporation Expert
- Bookkeeping, tax filing and financial statements
- Certified CPA
- 1300+ 5-stars Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Audiologists Choose Our Tax and Accounting Service
Allied-Health Expertise
We work with audiologists, hearing instrument specialists and other allied-health professionals. We know the exempt-versus-zero-rated HST rules, professional corporations and the deductions that matter most to a hearing clinic.
Full-Service Firm
Bookkeeping, personal and corporate tax, HST, financial statements and advisory all live under one roof, on one system. You get a single point of contact and joined-up advice, so nothing falls through the cracks.
Fixed-Fee, AFFORDABLE Pricing
Every service is an AFFORDABLE flat fee, quoted before we start. No hourly billing and no surprises for your clinic, all backed by our 30-Day Money-Back Guarantee and 60-Day Fees-Matching Policy.
Trusted by 1300+ Clients
We are one of Canada’s most AFFORDABLE CPA firms, trusted by more than 1,300 professionals and business owners. Clients stay because we keep their books clean, filings on time and tax as low as possible.
Google Reviews
Audiology Clients
Audiologist Tax and Accounting Services in Ontario
Corporate Tax Filing for Audiologists
T2 corporate returns for incorporated audiologists, with the small business deduction, salary-dividend mix and professional-corporation rules handled.
Accounting & Bookkeeping for Audiologists
Monthly bookkeeping that tracks exempt services, zero-rated hearing-aid sales, ADP receivables, inventory and every deductible clinic expense.
Corporate Tax Planning for Audiologists
Salary-versus-dividends, income splitting where permitted, RRSP and structuring so your audiology income is taxed as favourably as possible.
Catch-Up Corporate Tax Filing for Audiologists
File overdue T2, personal and HST returns, rebuild your income and expense records, and restore CRA compliance.
GST/HST Filing for Audiologists
Exempt clinical services handled correctly, zero-rated hearing-aid sales reported, and input tax credits recovered and apportioned.
Corporate Tax Cleanup for Audiologists
Correct HST, ITC, deduction and salary-dividend errors by amended return so your clinic books are accurate.
CRA Audit Resolution Services for Audiologists
Support with CRA reviews on your deductions, exempt/zero-rated HST treatment, ITC claims and contractor status, handled for you.
CPA Compilation Report (Notice to Reader) for Audiologists
CSRS 4200 Notice to Reader statements for banks and lenders supporting your hearing clinic or equipment financing.
Incorporation Services for Audiologists
Incorporation services including audiology professional corporation setup that meets CASLPO requirements.
Catch-Up Bookkeeping Services for Audiologists
Months or years of clinic books brought current — exempt services, zero-rated hearing-aid sales, ADP receivables and inventory reconstructed and reconciled.
US Corporation & LLC Tax Filing for Audiologists
Cross-border filings for audiologists with US ties — Forms 1120, 1120-F and 5472 — coordinated with your Canadian return.
Voluntary Disclosure Program for Audiologists
A no-penalty CRA disclosure on Form RC199 for unreported dispensing or ADP income and past HST registration errors on zero-rated sales.
Accounting & Tax Services Tailored for Audiologists
Each service, explained in full, so you know exactly what is included and how it keeps your clinic compliant and your tax as low as the rules allow.
- We prepare your T2 corporate return and claim the small business deduction, so the active income your professional corporation retains is taxed at roughly 12.2% in Ontario rather than at high personal rates.
- We plan and document the mix of salary and dividends you draw, coordinating it with your RRSP room and CPP so your combined corporate-and-personal tax is as low as possible.
- We deduct every legitimate clinic cost — audiometers, tympanometers and the sound booth, CASLPO dues and liability insurance, clinic rent, home office, vehicle, continuing education and administration — against your professional income.
- We apply Capital Cost Allowance to equipment in Class 8, computers in Class 50, leaseholds in Class 13 and any vehicle in Class 10, in the correct classes and with the half-year rule.
- We keep your professional corporation compliant with CASLPO requirements and file everything the CRA needs, on time.
- We set up your books in QuickBooks or Xero — alongside practice tools like Blueprint OMS, Sycle or TIMS — to track exempt services, zero-rated hearing-aid sales, ADP receivables and private-pay revenue, so you always know where your revenue comes from.
- We separate your exempt clinical services from your zero-rated hearing-aid dispensing, which keeps both your income reporting and your ITC apportionment clean.
- We categorize every deductible expense correctly — clinic rent, equipment, home office, vehicle, dues, insurance and education — and track hearing-aid, earmould and battery inventory under ITA section 10, so nothing you are entitled to is missed at year-end.
- We reconcile your bank, merchant and ADP remittances monthly and deliver clear reports on your clinic’s profit.
- Whether you file a T2125 as a self-employed audiologist or a T2 as an incorporated one, your year-end is built on reliable, tidy data.
- We decide, with you, whether incorporating an audiology professional corporation is worthwhile based on your income, your draws and whether you can leave profit in the company.
- We plan the salary-versus-dividend mix each year, and use income splitting with family members where the tax-on-split-income (TOSI) rules genuinely permit it.
- We coordinate RRSP contributions, and where a corporation exists, weigh them against retaining income in the company for deferral.
- We plan for large purchases such as a sound booth or new audiometers, uneven income between employment and private practice, and tax instalments so there are no year-end surprises.
- We keep your structure current as your practice grows from side contracts to a full hearing clinic.
- If you have unfiled T2 or personal returns, we file all outstanding years and negotiate penalty relief before the CRA issues arbitrary assessments.
- We rebuild your income and expense records from bank statements, invoices, ADP remittances and dispensing records when the books fell behind.
- We correct deductions and ITCs that were missed or overstated across prior years, so your restated returns are both accurate and optimized.
- We reconcile revenue across exempt services, zero-rated hearing-aid sales and ADP that was reported inconsistently.
- Where you should have registered for HST to recover ITCs on the zero-rated dispensing side, we bring those filings current and correct the treatment.
- We confirm which of your services are exempt supplies — hearing assessments, diagnostic audiology, tinnitus and vestibular care rendered to a patient are HST-exempt under ETA Schedule V, Part II — so you do not charge HST where you should not.
- We treat hearing aids correctly as zero-rated medical devices under ETA Schedule VI, Part II: 0% HST to the patient, but a taxable-at-0% supply, so the dispensing side is ITC-eligible.
- Because dispensing is zero-rated, registering for HST lets you recover input tax credits on related inputs; we apportion ITCs between your exempt services and your zero-rated sales.
- We monitor your zero-rated and any taxable revenue against the $30,000 registration threshold — zero-rated sales still count — so you register at the right time.
- We file your GST/HST returns on time, claiming and apportioning ITCs so the dispensing side is never left on the table.
- We correct HST that was wrongly charged on exempt clinical services, and unclaimed or misapportioned ITCs on the zero-rated hearing-aid side, and fix the affected returns.
- We reclassify personal and business expenses that were mixed together, so your deductions are both complete and defensible.
- We fix a salary-dividend mix that was not documented or was drawn without regard to the tax consequences, and clean up shareholder-loan balances.
- We correct CCA and equipment deductions and hearing-aid inventory that were misclaimed, recovering or fixing them through amended returns.
- We reconcile exempt, zero-rated and ADP revenue where it was reported inconsistently, so your restated statements are accurate.
- When the CRA reviews your deductions, we present the vehicle logs, home-office calculations, equipment invoices and dues receipts that support them.
- Where the CRA questions your HST position, we demonstrate the exempt character of your clinical services and the zero-rated treatment of your hearing-aid dispensing, and defend the ITCs you apportioned.
- Where a contract raises the personal-services-business or employee-versus-contractor question, we present the facts of the working relationship that support your filing.
- We reconcile revenue across exempt services, zero-rated sales and ADP so a matching review is resolved cleanly.
- We submit RC4288 Taxpayer Relief requests where penalties arose from an honest error, documenting the circumstances to maximize penalty cancellation.
- We prepare CSRS 4200 compilation (Notice to Reader) financial statements that banks and lenders require to finance your clinic space, sound booth or equipment.
- Your statements present your clinic income, hearing-aid inventory, equipment and any liabilities clearly, giving lenders an accurate picture of the business.
- We classify professional revenue and costs under the correct GIFI codes so the Notice to Reader matches your T2 return exactly.
- We include the required CSRS 4200 disclosures plus relevant notes, so the statements withstand lender review.
- We deliver your statements promptly after year-end, so a loan, lease or clinic purchase is never held up.
- We set up your audiology professional corporation under the RHPA and OBCA to meet CASLPO requirements, including the correct name and share structure.
- We complete the incorporation — NUANS name search, articles and CRA registrations — and coordinate the certificate of authorization CASLPO requires.
- We register your Business Number and any HST or payroll accounts so your corporation is compliant from day one.
- For audiologists moving an existing practice into a corporation, we coordinate a section 85 rollover where it applies so the transfer is tax-deferred and the $1.25M lifetime capital gains exemption is preserved.
- We set up your opening books and minute book, and put a salary-dividend and tax plan in place from the start.
- We reconstruct months or years of neglected clinic books, rebuilding every transaction so your exempt assessment income and your zero-rated hearing-aid sales are separated cleanly and each revenue stream is finally recorded where it belongs.
- We rebuild your Assistive Devices Program receivables, matching each ADP claim and remittance to the correct patient file so the balance the program still owes your clinic is accurate and no dispensing income is missed.
- Where you registered for HST, we go back through the catch-up period and apportion input tax credits between your exempt services and your zero-rated hearing-aid dispensing, so you recover exactly the ITCs you were entitled to claim.
- We set up your hearing-aid and earmould inventory under ITA section 10 and reconcile it against purchases and dispensing, so cost of goods sold on the zero-rated side is correct across every restated period.
- We reconcile bank, credit-card and merchant accounts, tidy your chart of accounts around clinic realities, and hand you clean monthly statements ready for a T2125 or T2 return and any HST filings that follow.
- For audiologists who own a US C-corporation, we prepare Form 1120 and coordinate it with your Canadian T1 or T2, so your clinic income is reported correctly on both sides of the border.
- If your practice earns income effectively connected with a US trade or business, we file Form 1120-F for the foreign corporation and apply treaty positions so the same audiology earnings are not taxed twice.
- Where a US corporation or LLC has a foreign owner or related-party dealings, we prepare Form 5472 to disclose reportable transactions, avoiding the steep penalties the IRS applies when that information return is filed late.
- We analyze how a US LLC is treated on each side, since Canada may see a corporation where the US sees a flow-through, and we structure the filing so your foreign tax credits are not lost.
- For audiologists selling hearing aids or providing services across the border, we review state nexus and sales-tax exposure, and coordinate US and Canadian deadlines so both corporate returns are filed accurately and on time.
- We file a Voluntary Disclosures Program application on Form RC199 to bring forward unreported dispensing revenue or ADP income from earlier years, correcting the record before the CRA contacts you and while relief is still available.
- Where your clinic should have registered for HST to recover ITCs on the zero-rated hearing-aid side but never did, we disclose the error, register you, and file the missing returns through the program.
- If HST was wrongly charged on exempt clinical services, or ITCs on zero-rated dispensing were misapportioned, we correct the treatment across the affected periods and set out the fix clearly in the disclosure.
- A valid disclosure must be voluntary, complete and involve a penalty, so we assess whether your situation qualifies, gather the supporting records, and submit before any CRA review closes the door on relief.
- When accepted, the program can waive gross-negligence penalties and limit interest on your restated audiology income and HST, and we deal with the CRA throughout so your practice returns to full compliance.
Audiologist Tax & Compliance Check
Six quick questions on your clinic’s income, HST and tax setup. No fee shown.
1. Are you self-employed or contracting (not only a T4 employee)?
2. Do you dispense hearing aids (zero-rated sales you could claim ITCs on)?
3. Do you travel for mobile hearing testing or work from a home office?
4. Do you earn income from more than one payer or source?
5. Is your net clinic income high enough that you do not need it all personally?
6. Are you incorporated (or thinking about a professional corporation)?
Free CPA Consultation for Audiologists
Case Studies: Audiologist Accounting & Tax
Toronto Hearing Clinic – ITC Recovery
Problem: A hearing clinic dispensing hearing aids had never registered for HST, assuming its clinical services were exempt. Because hearing aids are zero-rated rather than exempt, the input tax credits on the entire dispensing side — inventory, supplies and clinic costs — were being lost year after year.
Solution: We registered the clinic for HST, apportioned ITCs between the exempt services and the zero-rated hearing-aid sales, and filed to recover the previously unclaimed credits.
Results:
- Exempt services and zero-rated dispensing separated
- Registered for HST to recover ITCs
- Five figures of lost input tax credits recovered
- ITC apportionment set up going forward
Mississauga Contract Audiologist – Deductions
Problem: A self-employed audiologist contracting with two clinics was filing a bare T2125 at top personal rates with almost no expenses claimed — missing CASLPO dues, liability insurance, equipment, continuing education and her home office. She was overpaying tax every year.
Solution: We filed a clean T2125, claimed every deduction, set up simple ongoing tracking, and modelled an audiology professional corporation with the $500K small business deduction.
Results:
- College dues, insurance and equipment deducted
- Home office and vehicle properly claimed
- Prior years adjusted and tax recovered
- Professional-corporation plan cut the tax bill materially
Ottawa Private-Practice Audiologist – Revenue & Inventory
Problem: A private-practice audiologist was booking exempt assessment income, zero-rated hearing-aid sales and ADP receivables all together, with hearing-aid inventory untracked, so profit, HST and ITCs were impossible to read.
Solution: We separated exempt, zero-rated and ADP revenue in QuickBooks, set up ITA section 10 inventory for hearing aids and earmoulds, apportioned ITCs, and structured a salary-versus-dividend plan.
Results:
- Exempt, zero-rated and ADP revenue separated
- Hearing-aid inventory tracked under ITA s.10
- ITCs apportioned and recovered correctly
- Salary-dividend plan set — books audit-ready
We make managing your practice finances simple and stress-free. Our transparent process keeps you informed and compliant at every stage.
Free Consultation
We start with a no-obligation consultation to understand your practice, your income sources and your goals.
Books & Structure Setup
We set up cloud bookkeeping, confirm your HST position, and get your CRA accounts and any corporation in order.
Monthly Bookkeeping & Reporting
We reconcile your accounts, track income by payer and deductions, and deliver clear reports.
Tax & HST Filing
We file your personal or corporate tax and any HST on time, with deductions and structure handled—keeping you CRA-compliant.
Get Your Audiology Practice Tax-Ready Today
Affordable Pricing for Audiologists
We believe in clear, upfront pricing so you know exactly what to expect.
- Tax Preparation (Corporation) – From $400
- Tax Return Filing (Corporation) – From $400
- Tax Compliance Audit – FREE CRA audit support for our clients
- Tax Strategy – FREE for our clients
- Accounting Base Plan – From $100 per month
- Bookkeeping Management – Free for our Accounting clients
- Financial Reporting – Free for our Accounting clients
- Business Formation – Flat $35
- Incorporation Process – Flat $35
- Entity Setup Assistance – Flat $35
- Full-Service Payroll – From $125 per month
Flat fees, e-transfer (Interac) friendly, and quoted before we start — no hourly billing and no surprises.
Meet Your Lead Audiology Accountant
What Our Clients Say
1300+ five-star reviews from healthcare professionals and business owners across Ontario and Canada.
Serving Audiologists Across Ontario
We serve audiologists across Ontario and Canada, providing flexible hybrid accounting—whether you prefer in-person guidance, remote support, or a combination of both. We keep your exempt and zero-rated revenue, ITCs and deductions accurate, your HST position correct and your filings CRA-compliant, so you can focus on your patients. We proudly support self-employed, private-practice and incorporated audiologists in Toronto, Mississauga, Brampton, North York, Etobicoke, Scarborough, Vaughan, Markham, Richmond Hill, and Ottawa. No matter where you practise, we bring the expertise and tools to simplify your bookkeeping, HST and tax.
Toronto (ON)
55 Queen St E Ste 1205, Toronto, ON M5C 1R6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Mississauga (ON)
5373 Bullrush Dr, Mississauga, ON, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Brampton (ON)
4 Starhill Crescent, Brampton, ON L6R 2P9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Scarborough (ON)
24 Clementine Square, Scarborough, ON M1G 2V7, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Vaughan (ON)
19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Oshawa (ON)
210 Durham St, Oshawa, ON L1J 5R3, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Ottawa (ON)
2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Etobicoke (ON)
60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Hamilton (ON)
70 Starling Dr, Hamilton, ON L9A 0C5, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Guelph (ON)
1155 Gordon St, Guelph, ON N1L 1S8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Windsor (ON)
4387 Guppy Ct, Windsor, ON N9G 2N8, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
North York (ON)
150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada
+1 (647) 212-9559
9:00 AM – 8:30 PM (Mon – Sun)
Audiologist Accounting & Tax FAQs
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Audiology Accounting & Tax Done Right.
Exempt-service and zero-rated hearing-aid HST guidance, ITC recovery, ADP billing, personal and corporate tax, professional-corporation setup, deductions and lender-ready statements under one roof. AFFORDABLE flat fees, no hourly billing. Registered CPA Ontario. 1300+ five-star reviews. 30-Day Money-Back Guarantee.