Accountant for Healthcare Professionals
Toronto healthcare providers trust our healthcare CPA team for OHIP reporting, tax efficiency, and regulatory compliance. As the most affordable healthcare CPA in Toronto, we serve physicians, clinics, and allied health professionals at a fixed flat fee
1300+
5-Star Google Reviews
AFFORDABLE Healthcare Tax Accountant
Our accounting services for healthcare professionals are tailored to the specific needs of family practices, walk-in clinics, physiotherapy clinics, dental offices, and specialty health service providers across Ontario. From navigating complex billing structures and HST rules to optimizing tax strategies and ensuring compliance with CRA requirements, we help you focus on what matters most—patient care.
Gondaliya CPA supports physicians, dentists, chiropractors, physiotherapists, optometrists, naturopaths, pharmacies, and other healthcare businesses. We also serve home health care agencies and mobile healthcare providers across Ontario, including PSW agencies, community nursing services, and in-home therapy providers.
Official Partner
Accounting That Understands Your Practice
Healthcare accounting is complex—between OHIP billing, changing government rules, associate payments, and strict reporting requirements, managing your books can quickly become overwhelming. Your clinic needs accountants who understand how medical practices actually operate.
We help you stay compliant, organized, and financially confident. From reconciling monthly OHIP statements to handling multi-provider payroll, tracking clinic expenses, and reducing CRA/HST audit risk, our healthcare-focused approach ensures accuracy and peace of mind. With clear reporting and streamlined systems built for medical professionals, you can focus on patient care while we handle the numbers. We reconcile OHIP, WSIB, and private insurance billing statements monthly so every dollar billed is accounted for and nothing is left unclaimed.
As telemedicine expands across Ontario, we help virtual care providers understand the HST treatment of remote consultations, provincial billing codes, and cross-provincial income reporting requirements.
OHIP Billing Reconciliation
Ensure every claim is accounted for accurately and nothing falls through the cracks.
Multi-provider Payroll
Simplified associate physician compensation structures for Ontario clinics — covering fee-for-service splits, salaried associates, locum payments, and T4/T4A preparation tailored to healthcare workflows.
Expense Management
Track, categorize, and optimize clinic expenses to improve profitability and transparency.
CRA/HST Audit Risk
Stay compliant and avoid CRA audit headaches with professional guidance.
Compliance for Regulated Healthcare Practices
Healthcare practices must follow strict CPSO, CNO, MOH, and Ministry standards, making accurate reporting and compliant bookkeeping essential. We help clinics stay aligned with regulatory rules, from proper documentation to transparent income tracking. Our team also ensures compliance with CRA requirements, including HST treatment, medical corporation structures, and audit-risk areas. At year-end, we prepare clean T2 returns, T4/T4A slips, and OHIP income summaries so your practice meets every financial obligation with confidence.
College & Ministry Standards
Healthcare professionals must follow the regulations set by bodies like the College of Physicians and Surgeons of Ontario (CPSO), the College of Nurses of Ontario (CNO), and the Ministry of Health (MOH). These organizations establish standards for practice, ensuring patient safety and high-quality care. Staying updated with these rules is essential for maintaining compliance.
CRA Rules for Medical Clinics
Medical clinics must understand CRA rules, including HST exemptions for medical services in Canada — most physician and nursing services are HST-exempt under the Excise Tax Act, while many allied health services are taxable. Misapplying HST is one of the most common CRA audit triggers for Ontario healthcare practices. These rules govern compensation structures, like salaries and dividends, and address common audit triggers such as income discrepancies. Clinics must comply to avoid penalties.
Year-End & OHIP Deliverables
At year-end, medical clinics need to prepare an income statement, T2 tax return, T4/T4A slips, and OHIP summaries. These documents ensure compliance with CRA and provincial regulations, allowing for accurate tax filings and avoiding penalties. Proper record-keeping is essential for a smooth year-end process.
Accounting & Tax Experts for Healthcare Professionals
- AFFORDABLE + Fully Licensed CPA Firm
- Business and Corporate Tax Expert
- Small & Medium Business Expert
- Accounting, bookkeeping, and tax filing
- Certified CPA
- 1300+ 5-stars Google reviews
- 30-Day Money-Back Guarantee
- 60-Day Fees Matching Policy
Why Choose Our Healthcare Tax Services?
Specialized Healthcare Tax Knowledge
We understand the unique tax obligations and eligible deductions for healthcare professionals—whether you’re incorporated, self-employed, or part of a group practice.
Streamlined Bookkeeping for Medical Practices
Our bookkeeping systems are built for busy healthcare providers, allowing for clear financial tracking, HST compliance, and smooth year-end preparation.
Cash Flow & Profitability Support
We analyze your medical clinic’s overhead costs, identify redundant expenses, and build a clear profitability plan — whether you are optimizing a single-provider practice or scaling a multi-location clinic across Ontario
CRA Audit-Ready Financials
With us, your books stay clean, compliant, and audit-proof. Our processes ensure full alignment with CRA regulations specific to the healthcare industry.
Fully Licensed CPA Ontario
1300+ ★★★★★ Google Reviews
30-Day Money-Back Guarantee
60-Day Fees-Matching Policy
ACTIVELY ACCEPTING Corporate Clients
Will cover personal tax filing for Directors & Families
Convenient Availability
Weekend and evening support until 9 PM
Always Within Reach
Just a call away when you need us
Services for Healthcare Professionals
Accounting Services Tailored for Healthcare Professionals
Real, practitioner-level CPA expertise for physicians, dentists, pharmacists, optometrists, physiotherapists, and multi-discipline clinic owners across Ontario — built for how healthcare practices manage OHIP billings, insurer reimbursements, mixed HST-exempt and taxable services, and professional corporation compliance.
Corporate Tax Filing for Healthcare Professionals
- We file your healthcare professional corporation T2 return with OHIP fee-for-service income, insurer reimbursements, and private-pay patient revenue reported as separate revenue lines under the correct GIFI codes — CRA's automated matching cross-references provincial payment data against your T2, and misclassified healthcare revenue triggers immediate review.
- We classify diagnostic equipment and treatment devices under CCA Class 12 or Class 8 at 20%, clinic computers and practice management systems under Class 50 at 55%, and leasehold improvements under Class 13 on Schedule 8 of your healthcare corporation T2 return, ensuring each clinical asset claims the correct depreciation rate.
- We deduct regulatory body registration fees (CPSO, RCDSO, OCP, COTO), professional liability insurance premiums, continuing education costs, and malpractice coverage on your healthcare corporation T2 return under the correct GIFI codes — each professional regulatory expense must be classified separately from general insurance and office overhead.
- Healthcare practices paying associate practitioners, locum providers, and contract allied health professionals on a fee-split or per-diem basis must issue T4A slips by February 28 — we prepare all practitioner T4A summaries alongside your clinic T2 filing to avoid the $25 per day per slip late-filing penalty from CRA.
- We reconcile OHIP remittance statements, insurance company EOB (Explanation of Benefits) reports, and private-pay patient receipts against your healthcare corporation bank deposits before filing the T2 return — ensuring net deposits after clawbacks, insurance holdbacks, and patient refunds match reported revenue.
Accounting & Bookkeeping for Healthcare Professionals
- We separate OHIP fee-for-service revenue, insurance company reimbursements, and private-pay patient billing as distinct revenue categories in your healthcare bookkeeping so your financial statements show actual income per payer source — not a single blended clinic revenue number that hides payer mix at month-end close.
- We reconcile OHIP remittance statements against bank deposits monthly, tracking clawbacks, reconciliation adjustments, and payment timing differences so every provincial payment is matched in your healthcare chart of accounts — OHIP clawbacks reduce expected deposits and must be recorded as revenue adjustments, not expenses.
- We record associate practitioner compensation — fee-split payments to associate physicians, dentists, and allied health professionals — with proper T4A or T4 tracking in your clinic books each pay period so year-end slip preparation ties exactly to your general ledger and prevents CRA matching errors.
- For multi-discipline clinics offering medical, dental, physiotherapy, and pharmacy services under one roof, we set up department-level tracking in your healthcare bookkeeping so each discipline's revenue, direct costs, and shared overhead allocation are visible separately for management reporting and regulatory compliance.
- We prepare monthly financial reports for your healthcare corporation showing revenue by payer source, practitioner compensation, clinic overhead, and net operating margin in a format that non-accountant clinic partners can read — giving your healthcare team clear financial visibility at every partner or board meeting.
Corporate Tax Planning for Healthcare Professionals
- We structure your healthcare professional corporation owner compensation as a salary-dividend split that keeps active business income under the $500,000 Small Business Deduction threshold, saving your medical, dental, or pharmacy corporation up to 14.3% in combined corporate tax versus the general rate on clinical revenue.
- Ontario professional regulators (CPSO, RCDSO, OCP) permit non-voting shares in healthcare professional corporations — we add family members as shareholders so each can access the $1.25M+ Lifetime Capital Gains Exemption on a future practice sale, and dividends are split across lower personal tax brackets to reduce combined household tax.
- We time diagnostic equipment upgrades, treatment technology purchases, and clinic renovation projects before your fiscal year-end so CCA deductions reduce your healthcare corporation taxable income in the current year — and claim the Accelerated Investment Incentive at 1.5 times the normal rate for first-year clinical equipment purchases.
- We monitor your healthcare corporation's passive investment income to keep it below the $50,000 annual threshold — if retained clinical earnings are invested in portfolio securities and generate passive income exceeding this limit, CRA claws back the Small Business Deduction on your active practice revenue dollar for dollar.
- We design holding company structures for healthcare practice owners so intercorporate dividends flow tax-free under ITA section 112(1) from the operating clinic to the holdco, separating accumulated practice profits and investment assets from the clinical corporation's malpractice liability and patient claims.
Catch-Up Corporate Tax Filing for Healthcare Professionals
- If your healthcare professional corporation has two or more years of unfiled T2 returns, CRA can revoke your business number — and your regulatory college (CPSO, RCDSO, OCP) may question your professional standing. We file all outstanding clinic returns and negotiate penalty relief before enforcement begins.
- We reconstruct healthcare revenue from OHIP remittance statement archives, insurance company EOB reports, practice management software records, and bank deposits when bookkeeping was never completed, building accurate financial statements for each unfiled year so your catch-up T2 returns claim every legitimate clinical deduction.
- CRA charges a late-filing penalty of 5% plus 1% per month up to 12 months on each unfiled healthcare corporation T2 return — we apply for penalty relief under Taxpayer Relief provisions using Form RC4288 when clinic transitions, practitioner turnover, or personal circumstances caused the filing delay.
- We identify diagnostic equipment purchases, treatment technology upgrades, and clinic leasehold improvement costs from prior unfiled years and add them to the correct CCA class on each catch-up T2 return so your healthcare corporation recovers depreciation deductions that would otherwise be permanently lost.
- If CRA issued arbitrary assessments because your healthcare professional corporation never filed, the estimated income is almost always inflated — we replace those numbers with actual OHIP remittance data, insurance EOB records, and patient billing reports, reducing the outstanding balance significantly.
GST/HST Filing for Healthcare Professionals
- Most healthcare services — physician consultations, dental examinations, pharmacy dispensing, physiotherapy treatments — are HST-exempt under Schedule V of the Excise Tax Act, but cosmetic dental procedures, elective surgeries, medico-legal reports, and non-insured wellness services are taxable at 13% — we split exempt and taxable revenue on your clinic GST/HST return so CRA does not reassess the entire service line.
- We claim ITCs on all HST paid on taxable clinic overhead — office supplies, practice management software, cleaning services, non-exempt equipment maintenance, and commercial rent — and apportion ITC entitlement between exempt health services and taxable activities on your healthcare GST/HST return as required by the Excise Tax Act.
- Pharmacy retail sales of non-prescription health products, cosmetics, and general merchandise are HST-taxable — we separate taxable retail revenue from exempt prescription dispensing fees on your pharmacy GST/HST return so CRA does not reassess exempt dispensing income as taxable supplies.
- Healthcare corporations designated as public service bodies or charities may qualify for the 83% or 50% HST rebate on expenses related to exempt health services — we determine your clinic's eligibility and file the rebate application alongside your GST/HST return to recover a significant portion of HST paid on clinical operating expenses.
- We monitor your healthcare corporation's taxable service revenue against the $30,000 HST registration threshold — if cosmetic procedures, consulting fees, or retail sales exceed this limit in any rolling four quarters, we handle registration before CRA retroactively assesses uncollected HST on past taxable services.
Corporate Tax Cleanup for Healthcare Professionals
- We correct misclassified clinic equipment CCA pools where your previous accountant grouped diagnostic devices (Class 12) with office furniture (Class 8) and computers (Class 50), recovering years of lost depreciation deductions on your healthcare corporation T2 returns by filing amended schedules for each affected year.
- We correct OHIP revenue discrepancies where your previous accountant reported remittance amounts on a cash basis without adjusting for clawbacks, reconciliation holdbacks, and timing differences — filing amended healthcare T2 returns so revenue matches actual OHIP statements for each fiscal period.
- We reclassify associate practitioner payments that were incorrectly processed through payroll on past T4 slips, filing amended T4 summaries and issuing corrected T4A slips to avoid CRA reassessing your healthcare corporation for employer CPP and EI on those independent practitioners.
- We rebuild your healthcare corporation retained earnings schedule from inception by reconciling every prior-year T2 return, dividends declared, and shareholder loan transactions — eliminating balance sheet discrepancies that CRA, banks, and professional regulatory colleges flag during corporate reviews.
- We correct shareholder loan balances where the healthcare practice owner withdrew clinic funds for personal expenses — CMPA reimbursements, personal insurance, or family costs — without proper documentation, applying ITA section 15(2) rules to determine the correct tax treatment before CRA reassesses your professional corporation.
CRA Audit Resolution for Healthcare Professionals
- CRA frequently audits healthcare practices on associate practitioner classification — we defend your T4A independent contractor treatment using written clinic engagement agreements, fee-split documentation, and control-test evidence showing each associate sets their own patient schedule, treatment methods, and billing approach.
- When CRA questions OHIP revenue discrepancies between your healthcare corporation's T2 return and provincial payment data, we reconcile every OHIP remittance statement, clawback adjustment, and reconciliation holdback — preparing a documented response that accounts for timing differences between provincial payments and fiscal year reporting.
- CRA auditors challenge the HST-exempt classification of clinical services — we present professional regulatory registration certificates, patient treatment records, and invoicing documentation to prove exempt services were performed by a regulated health professional and qualify for the health care exemption under Schedule V.
- We reconcile every bank deposit against OHIP remittances, insurance EOB payments, and private-pay patient receipts during a CRA audit, proving that inter-partner transfers, owner capital contributions, and insurance holdback recoveries are not unreported healthcare practice revenue.
- If CRA reassesses your healthcare professional corporation after an audit, we file a Notice of Objection using Form T400A within 90 days and prepare a technical position paper citing ITA sections and Excise Tax Act provisions that support your clinical deductions and HST-exempt treatment, preventing the reassessed amount from becoming final.
CPA Compilation Report (Notice to Reader) for Healthcare Professionals
- We prepare CSRS 4200 compilation engagement financial statements for your healthcare professional corporation that banks, mortgage lenders, and regulatory colleges require — a CPA-compiled Notice to Reader carries more weight than internally prepared statements and is often mandatory for physician mortgage applications, practice financing, and CPSO or RCDSO compliance reviews.
- Your healthcare corporation Notice to Reader includes a compiled balance sheet showing OHIP and insurance receivables, diagnostic equipment at net book value, leasehold improvements, shareholder loan balances, and retained earnings — giving lenders and regulators an accurate snapshot of your clinic's financial position prepared by a licensed CPA.
- We compile your healthcare corporation income statement with OHIP fee-for-service revenue, insurance reimbursements, private-pay billings, associate practitioner costs, and clinic overhead classified under the correct GIFI codes so the Notice to Reader financial statements match your T2 return exactly and satisfy bank, mortgage lender, or regulatory college requirements.
- We prepare the CPA compilation report with the required CSRS 4200 communication disclosing that no audit or review has been performed, along with notes to the financial statements covering revenue recognition by payer source, associate practitioner fee-split accounting, related-party transactions, and shareholder loan terms — the standard disclosures banks, mortgage lenders, and professional regulators expect on a healthcare corporation Notice to Reader.
- We deliver your healthcare professional corporation Notice to Reader within 30 days of receiving your year-end trial balance — many healthcare practitioners lose mortgage approvals or fail regulatory compliance reviews because their previous accountant did not produce CPA-compiled financial statements on time for the lender's or college's annual submission deadline.
Incorporation Services for Healthcare Professionals
- Ontario healthcare professionals must incorporate as a Professional Corporation under their regulatory college (CPSO for physicians, RCDSO for dentists, OCP for pharmacists, COTO for optometrists) with a valid Certificate of Authorization before billing through the corporation — we handle the full incorporation process including college application, NUANS search, and articles of incorporation.
- We design a multi-class share structure at incorporation — common voting shares for the regulated practitioner, non-voting shares for family members as permitted by the college — so your healthcare corporation is set up for income splitting and future practice sale planning without a costly articles of amendment later.
- We register your newly incorporated healthcare corporation for a CRA Business Number, GST/HST account (if applicable based on taxable service mix), and payroll account so your clinic is fully operational and CRA-compliant from the first billing day — including WSIB registration where clinic staff require coverage.
- We help multi-practitioner clinic owners incorporate a separate holding company above the professional corporation to receive intercorporate dividends tax-free under ITA section 112(1), separating accumulated clinical earnings and investment assets from the operating practice's malpractice liability and patient claims.
- We prepare your healthcare corporation's first-year corporate minute book with articles of incorporation, director resolutions, Certificate of Authorization from the regulatory college, and share certificates — banks, insurers, your regulatory college, and CRA require these documents for practice banking, malpractice coverage, college compliance, and your first T2 filing.
Free Resource: 50 Deductible Expenses for Healthcare Professionals
Comprehensive checklist of tax-deductible costs unique to healthcare professionals. PDF delivered instantly.
Free CPA Consultation for Healthcare Professionals
Case Studies
Saved Time + Became Audit-Ready (Mississauga)
Problem: A family physician in Mississauga struggled with messy books, late OHIP reconciliations, and rising CRA audit risk.
Solution: We cleaned up historical records, automated monthly OHIP reconciliation, and set up a proper medical corporation structure.
Results:
✅ Cut admin time by 6 hours/week
✅ Accurate, audit-ready reporting
✅ Clear monthly cash-flow visibility
Group Practice Accounting — Optimized Compensation + Reduced Overhead (Brampton)
Problem: A group practice in Brampton faced inconsistent associate payments, unclear expense allocation, and year-end reconciliation gaps.
Solution: Built a structured compensation model, enabled Xero tracking for each provider, and streamlined locum/associate payroll.
Results:
✅ 100% accuracy in monthly payouts
✅ Lower overhead by removing unused expenses
✅ Smooth, stress-free year-end
Physio Clinic: Reduced Tax Bill + Fixed Corporate Structure (Toronto)
Problem: A Toronto physio clinic was overpaying taxes due to poor categorization and disorganized books.
Solution: Implemented a Professional Corporation, added Xero automation, and applied strategic tax planning.
Results:
✅ Saved $18K/year in taxes
✅ Improved profit tracking by service
✅ Fully compliant and CRA-ready financials
How We Work: Your Year-End Flow
Step 1
Kickoff
Collect clinic documents, chart of accounts, previous filings, and OHIP statements.
Step 2
Cleanup & Setup
Organize books, integrate Xero/QBO, set up multi-provider payroll, and streamline clinic expense tracking.
Step 3
Monthly Close
Reconcile OHIP, run payroll, and submit HST/tax remittances.
Step 4
Quarterly Planning Review
Review tax planning, budgeting, cash flow, and compensation structures.
Step 5
Year-End Close & T2 Filing
Prepare trial balance, financial statements, corporate tax filing, and CRA audit-ready documentation.
Ready to simplify your books and taxes?
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 / 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
Meet Your Healthcare Tax Accounting Specialist
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See all on GoogleServing Healthcare Clinics Across Ontario
From solo physicians to group medical clinics, we support healthcare providers across Toronto and the Greater Toronto Area (GTA), including Mississauga, Brampton, North York, Etobicoke, Scarborough, Vaughan, Markham, Richmond Hill, and Ottawa. Whether you run a family practice, physio clinic, dental office, or specialty clinic, our healthcare-focused accounting ensures clean records, fewer CRA concerns, and clear year-end results—so you can stay focused on patient care, not paperwork.
Toronto (ON)
168 Simcoe St Unit 1118, Toronto, ON M5H 4C9, 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)
Frequently Asked Questions from Healthcare Professionals
What are healthcare accounting services?
Healthcare accounting services involve specialized financial management for healthcare professionals, including doctors, dentists, chiropractors, pharmacies, and clinics. Our corporate accountants at Gondaliya CPA provide tailored solutions to ensure accurate bookkeeping, tax compliance, and financial reporting for healthcare businesses.
What healthcare professionals do you serve?
We serve dentists, physiotherapists, chiropractors, walk-in clinics, pharmacies, psychologists, and family doctors. We also file tax returns for locum physicians in Ontario, support newly incorporated medical professionals setting up their first clinic, and serve optometrists, naturopaths, dental hygienists, and psychologists across Ontario.
How is your firm different from general accountants?
We specialize in healthcare accounting. That means our services are designed around your billing practices (OHIP, WSIB, private insurance), CRA expectations, and industry benchmarks.
Why do healthcare professionals need specialized accounting services?
Healthcare businesses have unique financial requirements, including patient billing, insurance reimbursements, and regulatory compliance.
We provide expertise in healthcare accounting, helping you focus on patient care while keeping your finances accurate and compliant.
What services are included in healthcare accounting?
Our services include:
Accounting and Bookkeeping Services
- Tax Preparation & Filing
Payroll Services
CFO Services
Gondaliya CPA can customize these services to meet the specific needs of your healthcare practice.
Can you support multiple clinics or mobile practices?
Absolutely. We provide centralized cloud accounting and financial insights for practitioners operating across several locations or on-call services.
Should I pay myself salary or dividends as a physician in Ontario?
Can you help me incorporate my medical practice and set up payroll?
We guide healthcare professionals through incorporating a Medical Professional Corporation (MPC) in Ontario from start to finish including CRA registration, HST filings, and payroll for staff or associate practitioners. A properly structured medical professional corporation in Ontario significantly reduces your annual tax bill.
Are these services suitable for small clinics and solo practitioners?
We serve dentists, physiotherapists, chiropractors, walk-in clinics, pharmacies, psychologists, and family doctors. We also support newly incorporated medical professionals setting up their first clinic.
Can healthcare accounting services help reduce tax liabilities?
Yes. Proper accounting ensures that all eligible expenses and deductions are accurately recorded.
Our corporate accountants develop tax-efficient strategies to minimize your tax liabilities while remaining fully compliant with CRA regulations.
How can Gondaliya CPA assist with healthcare accounting?
We provide end-to-end support, from bookkeeping and payroll to tax planning and financial consulting.
Contact Gondaliya CPA today to discuss your healthcare accounting needs and receive expert guidance tailored to your practice.
Related Industries We Serve
We also serve psychologists, optometrists, naturopaths, and dental hygienists across Ontario
Corporate tax planning for dentists
Business tax filing for dentists
Payroll services for staff
- Incorporation & Bookkeeping services for dentists
Corporate tax planning for pharmacies
Bookkeeping for pharmacy businesses
Payroll & compliance services
Corporate tax planning for chiropractors
Bookkeeping & payroll services
Business tax filing & advisory
Corporate tax planning for doctors
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Tax filing & bookkeeping for medical practices