Writing
Tax, explained for doctors
The decisions physicians actually face, written in plain language. No jargon, no fear selling, and no advice that only works if you buy something.
Should you incorporate? An honest answer for Canadian physicians
Incorporating is a deferral, not a discount. Here is the test that actually tells you whether it is worth it in your situation yet.
Read the articleSalary or dividends: how incorporated doctors should decide
The answer is usually a mix. What changes it is your income, your RRSP plans, your mortgage and your family situation.
Read the articleWhat a medical professional corporation can actually deduct
CMPA fees, CME travel, home office, a vehicle, a spouse on payroll. What holds up under review and what does not.
Read the articleYour first year as an incorporated physician: the filing calendar
Corporate and personal deadlines on one timeline, including the payment dates that arrive before the filing dates.
Read the articleThe first year as an attending: where the tax bill comes from
Nothing is withheld at source any more. Instalments start, the bill arrives as one number, and the shock is entirely avoidable.
Read the articleWhen a physician does have to worry about HST
Most medical services are exempt. Third party reports, independent examinations and cosmetic work are where doctors get caught.
Read the articleFree download
The Incorporated Physician's First Year Checklist
Twenty three things to put in place in the first twelve months of a medical professional corporation, in the order they need to happen.
Send me the checklist
One email. No follow up sequence unless you ask for one.
We do not share your details. Unsubscribe any time.