Services
Bookkeeping, corporate tax, personal tax and the planning in between. Scoped and quoted as a flat fee after a short conversation, so you are never billed for asking a question.
The work changes shape at each stage of a medical career. So does the advice.
A simple return with expensive things hiding in it. Moving expenses between training sites, tuition carryforwards, licensing and exam fees, and the first decisions about RRSP room.
Billing income with nothing withheld at source. We set up the bookkeeping, plan instalments so the bill is never a surprise, and track the expenses that actually qualify.
A written answer on whether incorporating helps you yet, and if it does, the structure, share classes and year end date set up properly the first time.
Monthly bookkeeping, T2 corporate returns, slips, payroll, and a compensation plan reviewed each year rather than repeated from last year.
Personal returns for you and your spouse prepared alongside the corporation, so the corporate and personal picture agree and nothing gets double counted or missed.
Retirement from practice takes several tax years to do well. Drawing down retained earnings, corporate investment income, and eventually dissolving cleanly.
Every engagement is built from these components. Which ones you need depends on your stage and structure, and we will tell you honestly if you do not need something.
Monthly or quarterly
Your corporation's books kept current all year rather than reconstructed under pressure at year end. Everything runs on cloud software you can see into whenever you want.
Each fiscal year end
Financial statements prepared for filing and a T2 return that reflects how your practice actually operates, filed on time with the payment deadline flagged well in advance.
Annually
Returns for you and your family, prepared with the corporation in view rather than in isolation. Most physician tax errors happen at the seam between the two.
Monthly
If the corporation pays you, your spouse or an assistant, payroll has to run properly and remit on time. Late source deductions attract penalties quickly and are entirely avoidable.
Year round
The decisions that actually move the number. We raise these before year end, when they can still be acted on, rather than reporting on them afterwards.
As needed
If a letter arrives, you forward it and stop thinking about it. We handle reviews, information requests and the follow up correspondence on your behalf.
No hourly billing and no charge for picking up the phone.
We ask about your structure, your billing volume and the state of your records before quoting anything. A quote given without that is a guess that gets revised later.
You get a written scope and a fixed fee by email within one business day of the consultation. Nothing starts until you accept it.
Ongoing clients are not billed for emails and calls. A tax question you avoid asking because of the meter is the expensive kind.
Physicians are the focus, and the practice is built around them. We also work with a small number of other incorporated professionals, but the systems, the checklists and the planning conversations are designed for medical practice.
Most services a physician provides to patients are exempt supplies, which means no HST is charged and no input tax credits can be claimed on the related costs. Some work is not exempt, including many third party medical reports, independent medical examinations and certain cosmetic procedures. If you do enough of that work you may cross the registration threshold, so it is worth checking rather than assuming.
Six months after your fiscal year end. The tax owing is usually due earlier: three months after year end for a Canadian controlled private corporation claiming the small business deduction, and two months for others. Filing and paying are two separate deadlines and interest runs from the payment one.
Yes, and you do not need to wait for year end. We request your prior year file and closing balances, review what is there, and tell you before quoting if anything is missing. You also do not need to have an awkward conversation first. A professional handover is routine.
QuickBooks Online or Xero for bookkeeping, with secure document sharing for anything sensitive. Nothing sensitive travels by email attachment.
A monthly summary if we are doing your books, a compensation review before your year end, and a proper review meeting when your returns are ready. Between those, as often as you need. That is what the flat fee is for.
A short call is usually enough to work out the right scope and give you a fee.
Book a consultationMaple Consults Services Inc. provides bookkeeping, tax preparation and tax planning services. We are not a licensed public accounting firm in Ontario and we do not provide audit or review engagements. Nothing on this website is a tax opinion for your specific situation.