Medical Practitioners and Dental Officer usually have good work-life balance. It is your decision to make whether enjoying the family time after work by outsourcing your bookkeeping work to us or you can work as a bookkeeper for yourself. Despite the differences in lifestyle and priorities, neither of our clients has regret to let us help with their accounting records. As a Chartered Professional Accountant firm, we are licensed, experienced, and effective in solving difficulties in accounting and taxation field just like yours.
With more clarity on the Tax Reform Proposal which targeted wealthy small business owners, Medical Professionals and Dental Officer are facing stricter requirement on both profit-sharing and holding passive investment portfolio within the corporation. Failure in tax planning or disclosure will lead to higher tax liability or even trigger CRA penalty and interest.
Thanks a lot for the constant advice and returns.