Accountant for Occupational Therapists in Ontario and Across Canada
Keeping occupational therapists on top of their numbers — the HST-exempt-versus-taxable question, corporate or self-employed tax, professional-corporation planning and every deduction you are entitled to, so your practice keeps more and your filings stay clean. Whether you are a self-employed contract OT, a private-practice or clinic owner, a community and home-visit therapist or an incorporated professional, a Registered CPA handles the tax rules that make or break an OT’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 Occupational Therapists
An occupational therapist’s finances are more nuanced than they look. Most of your clinical work is HST-exempt, but medico-legal assessments, expert reports and workplace ergonomic consulting often are not — and getting that line wrong means either charging tax you should not, or missing HST you owe. Add the self-employed-versus-incorporated question, deductions for your car and home office as a community therapist, and income from several payers, and generic bookkeeping quickly falls short.
We do it all under one roof: bookkeeping, self-employed (T2125) or corporate tax (T2), the HST exemption analysis, and year-round tax planning — delivered by a Registered CPA who understands OT practices. We separate your exempt and taxable work correctly, claim every deduction, and, where it fits, set up a health profession corporation so your income is taxed as favourably as the rules allow. We serve self-employed, private-practice and incorporated occupational therapists across Ontario and Canada. AFFORDABLE flat fees. No hourly billing.
Our Official Partners
Accounting & Tax Service That Understands Occupational Therapists
From self-employed contract OTs and community home-visit therapists to private-practice owners and incorporated professionals, we know how occupational therapists actually earn and how the CRA taxes them. One team keeps your income, exemptions, 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 Occupational Therapy Tax
Occupational therapists face questions other professionals do not — which services are exempt supplies, whether to incorporate a health profession corporation, and how to handle income from several payers all have to be right. Compliance and tax savings go hand in hand, and we keep every obligation on schedule while applying every deduction available to your practice.
Accounting & Tax Experts for Occupational Therapists
- AFFORDABLE + Fully Registered CPA Firm
- Healthcare & Allied-Health Professional Specialist
- HST-Exemption & 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 Occupational Therapists Choose Our Tax and Accounting Service
Allied-Health Expertise
We work with occupational therapists, physiotherapists and other allied-health professionals. We know the HST exemption, professional corporations and the deductions that matter most to a therapy practice.
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 practice, 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.
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Occupational Therapy Clients
Occupational Therapist Tax and Accounting Services in Ontario
Corporate Tax Filing for Occupational Therapists
T2 corporate returns for incorporated OTs, with the small business deduction, salary-dividend mix and professional-corporation rules handled.
Accounting & Bookkeeping for Occupational Therapists
Monthly bookkeeping that tracks income by payer, your exempt and taxable work, and every deductible practice expense.
Corporate Tax Planning for Occupational Therapists
Salary-versus-dividends, income splitting where permitted, RRSP and structuring so your OT income is taxed as favourably as possible.
Catch-Up Corporate Tax Filing for Occupational Therapists
File overdue T2, personal and HST returns, rebuild your income and expense records, and restore CRA compliance.
GST/HST Filing for Occupational Therapists
Exempt clinical work handled correctly, HST charged and filed only on taxable medico-legal and consulting services.
Corporate Tax Cleanup for Occupational Therapists
Correct HST, deduction and salary-dividend errors by amended return so your practice books are accurate.
CRA Audit Resolution Services for Occupational Therapists
Support with CRA reviews on your deductions, HST exemption and contractor status, handled for you.
CPA Compilation Report (Notice to Reader) for Occupational Therapists
CSRS 4200 Notice to Reader statements for banks and lenders supporting your practice or clinic.
Incorporation Services for Occupational Therapists
Incorporation services including health profession corporation setup that meets your college’s requirements.
Catch-Up Bookkeeping Services for Occupational Therapists
Months or years of agency, insurer and private-client billing rebuilt, with your exempt and taxable revenue separated correctly.
US Corporation & LLC Tax Filing for Occupational Therapists
Form 1120, treaty-based 1120-F and Form 5472 filings for OTs with US corporations, LLCs or cross-border assessment work.
Voluntary Disclosure Program for Occupational Therapists
Come forward on unreported practice income or unremitted HST through the CRA’s Voluntary Disclosures Program, with penalty relief.
Accounting & Tax Services Tailored for Occupational Therapists
Each service, explained in full, so you know exactly what is included and how it keeps your practice 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 practice cost — assessment equipment, professional dues and insurance, home office, vehicle, continuing education and administration — against your professional income.
- We apply Capital Cost Allowance to equipment and any vehicle used in the practice, in the correct classes and with the half-year rule.
- We keep your professional corporation compliant with your college’s requirements and file everything the CRA needs, on time.
- We set up your books in QuickBooks or Xero to track income by payer — agencies, insurers, WSIB, private clients and medico-legal work — so you always know where your revenue comes from.
- We separate your exempt clinical services from any taxable medico-legal and consulting revenue, which keeps both your income reporting and your HST position clean.
- We categorize every deductible expense correctly — home office, mileage, equipment, dues, insurance and education — so nothing you are entitled to is missed at year-end.
- We reconcile your bank and any merchant or invoicing accounts monthly and deliver clear reports on your practice’s profit.
- Whether you file a T2125 as a self-employed OT or a T2 as an incorporated one, your year-end is built on reliable, tidy data.
- We decide, with you, whether incorporating a health profession 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, 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 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 and payer remittance summaries when the books fell behind.
- We correct deductions that were missed or overstated across prior years, so your restated returns are both accurate and optimized.
- We reconcile income across employment, agency and private-practice sources that were reported inconsistently.
- Where a taxable side of your practice should have been registered for HST, we bring those filings current and correct the exemption treatment.
- We confirm which of your services are exempt supplies — occupational therapy services rendered to patients are generally HST-exempt — so you do not charge HST where you should not.
- We identify the taxable side of your work — medico-legal assessments, expert reports, workplace and ergonomic consulting to employers — where HST does apply, and register you only if and when you need it.
- Where you have taxable revenue, we claim input tax credits on the related expenses, and keep exempt and taxable activity properly separated.
- We monitor your taxable revenue against the $30,000 small-supplier threshold so you register at the right time and not before.
- We file any required GST/HST returns on time, so a small taxable side never turns into a compliance problem.
- We correct HST that was charged on exempt clinical services, or missed on taxable medico-legal and consulting work, 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 that were misclaimed, recovering or fixing them through amended returns.
- We reconcile income across your payers where it was reported inconsistently, so your restated statements are accurate.
- When the CRA reviews your deductions, we present the mileage 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 correct treatment of any taxable work.
- 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 income across employment, agency and private sources 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 practice, clinic space or equipment.
- Your statements present your practice income, 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 occupational therapy health profession corporation to meet the requirements of the College of Occupational Therapists of Ontario, including the correct name and share structure.
- We complete the incorporation — NUANS name search, articles and CRA registrations — and coordinate the certificate of authorization your college requires.
- We register your Business Number and any HST or payroll accounts so your corporation is compliant from day one.
- For OTs moving an existing practice into a corporation, we coordinate a section 85 rollover where it applies so the transfer is tax-deferred.
- We set up your opening books and minute book, and put a salary-dividend and tax plan in place from the start.
- We rebuild months or years of missing billing from agency remittances, insurer payment advices, WSIB statements and private-client invoices, then produce a receivable aging that shows exactly which assessments and home visits were never paid.
- We re-split the rebuilt revenue between exempt clinical treatment and taxable medico-legal, expert-report and ergonomic consulting work, then apportion input tax credits on shared costs so only the taxable side of your practice carries them.
- We reconstruct the vehicle and home-office claims a community caseload generates — kilometres between client homes, long-term care sites and assessment appointments — from calendars, route records and fuel receipts, and document them properly.
- We catch up payroll for clinic administrative staff and any therapists on your books, remit the arrears, and review whether contract OTs and rehabilitation assistants you paid were correctly treated as contractors rather than employees.
- With clean books we prepare the figures behind your back-year returns, and confirm whether taxable revenue ever crossed the $30,000 small-supplier threshold in a year you had not yet registered for HST.
- If your practice runs a US corporation — a subsidiary formed for assessment or consulting contracts south of the border — we prepare Form 1120, allocate the income properly and reconcile it against your Canadian filings.
- Where you have no US corporation but do earn US-source engagement fees, we file Form 1120-F on a treaty-based position, claiming protection under the Canada-US treaty so the profit is taxed here rather than twice.
- A US corporation or LLC with a Canadian owner must file Form 5472 for reportable transactions with you; missing it draws a $25,000 penalty per form per year, so we prepare and lodge it alongside the return.
- US LLCs create a hybrid mismatch: flow-through south of the border, a corporation to the CRA, which can strand your foreign tax credit. We model that outcome before you use one, and repair the credit claim where you already have.
- We review whether US insurer files, remote consultations or expert testimony given in an American matter create state nexus or withholding, and we handle the state returns and W-8BEN-E paperwork your payers ask for.
- We prepare Form RC199 and the supporting schedules that set out what went unreported, over which years and why, so your disclosure reaches the CRA complete rather than in pieces that invite further questions.
- We test your facts against the five acceptance conditions — voluntary, complete, involving a penalty, information at least one year overdue, and payment of the estimated tax due — before anything is submitted.
- Where HST was collected on medico-legal assessments or employer ergonomic consulting and never remitted, or private-client fees never reached a return, we quantify the exposure and disclose it with corrected filings.
- Draws taken from a health profession corporation and parked in a shareholder loan — a $45,000 balance carried past the deadline, for instance — become taxable income, and we bring those years back into line.
- We make the case for the general track, which relieves penalties and part of the interest, and we tell you plainly when conduct points to the limited track so you know the likely outcome before applying.
Occupational Therapist Tax & Compliance Check
Six quick questions on your practice’s income, HST and tax setup. No fee shown.
1. Are you self-employed or contracting (not only a T4 employee)?
2. Do you do any medico-legal, assessment or consulting work (possibly taxable)?
3. Do you travel to clients’ homes or work from a home office?
4. Do you earn income from more than one payer or source?
5. Is your net practice 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 Occupational Therapists
Case Studies: Occupational Therapist Accounting & Tax
Toronto Community OT – HST on Assessments
Problem: A self-employed occupational therapist doing both clinical home visits and medico-legal assessments for insurers assumed everything she did was HST-exempt, and had never registered or charged HST on her assessment and expert-report work — which is taxable. She was carrying a growing HST exposure without knowing it.
Solution: We separated her exempt clinical work from her taxable medico-legal revenue, registered her for HST at the right point, set up correct billing on the taxable side and recovered input tax credits on the related expenses.
Results:
- Exempt and taxable work correctly separated
- HST registered and charged only where required
- Input tax credits recovered on taxable-side costs
- Exposure resolved and returns brought current
Mississauga Contract OT – Deductions
Problem: An occupational therapist contracting with two agencies was filing a bare T2125 with almost no expenses claimed, missing her home office, the mileage on thousands of kilometres of home visits, her equipment, dues and insurance. She was overpaying tax every year.
Solution: We rebuilt her deductions from records and a reconstructed mileage log, set up simple ongoing tracking, and refiled the open years to recover the tax she had overpaid.
Results:
- Home office and mileage properly claimed
- Equipment, dues and insurance deducted
- Prior years adjusted and refunds recovered
- Simple tracking set up going forward
Ottawa Private-Practice OT – Incorporation
Problem: A private-practice occupational therapist earning well above what she drew personally was paying tax on all of it at top personal rates as a sole proprietor, with no deferral and no plan for growth.
Solution: We set up a health profession corporation meeting her college’s requirements, planned a salary-dividend mix, retained surplus income in the company at the small business rate, and coordinated her RRSP.
Results:
- Health profession corporation established
- Surplus taxed at ~12.2%, not top personal rates
- Salary-dividend and RRSP plan in place
- Meaningful tax deferral achieved
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 Occupational Therapy Practice Tax-Ready Today
Affordable Pricing for Occupational Therapists
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 Occupational Therapy Accountant
What Our Clients Say
1300+ five-star reviews from healthcare professionals and business owners across Ontario and Canada.
Serving Occupational Therapists Across Ontario
We serve occupational therapists across Ontario and Canada, providing flexible hybrid accounting—whether you prefer in-person guidance, remote support, or a combination of both. We keep your income and deductions accurate, your HST position correct and your filings CRA-compliant, so you can focus on your clients. We proudly support self-employed, private-practice and incorporated OTs 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)
Occupational Therapist Accounting & Tax FAQs
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Occupational Therapy Accounting & Tax Done Right.
HST-exemption guidance, 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.