Services
We do accounting, and lots more!
Connect with us anytime to learn more.
Tax Planning and Compliance
- Advanced tax strategy sessions at onboarding and during the year
- Ongoing communication with MedFocus tax specialists
- Access to MedFocus tax deduction database and newsletters
- Full access to MedFocus professional network and services team (legal, financial planning, banking, insurance)
- Secured physician portal for organization and archiving of financial records
- Set up and administration of tax compliance schedule with built-in, automated reminders
- Payroll and remittance calculations and advice
- Year end corporate (T2) tax return
- Tax slips – T4 (salary) and T5 (dividends)
- Corporate financial statements / compilation engagement
- Personal (T1) tax return (and partner’s)
Bookkeeping & Corporation Administration
- Professional fees protection to ensure no additional billing in the case of CRA enquiries/audits
- Implementation of cloud-based accounting system
- Customized set up of books to integrate tax efficiency plan (as developed in Service “A”)
- Monthly bookkeeping and recording of all corporate transactions on accrual basis
- Quarterly financial reporting of earnings and account balances
- Document management for protection on potential CRA enquiries/audits
- Preparation and submission of annual corporate information returns
Payroll Management
- Customized set up of books to integrate tax efficiency plan (as developed in Service “A”)
- Bookkeeping and recording of all corporate transactions on accrual basis
- Document management for protection on potential CRA enquiries/audits
- Preparation and submission of annual corporate information returns
Customized Tax Strategies & Advisory Services
- Advanced business and tax planning, to address specific client needs (eg trust structures, corporate freeze, capital gains strips, SR&ED).
- Advisory services for other client needs, including but not limited to the costing for medical practice/clinic, license acquisition/purchase, office/building purchase or lease, procurement of billing software or EMR, office equipment and supplies, and staffing solutions.
Tax Planning and Compliance
– Advanced tax strategy sessions at onboarding and during the year
– Ongoing communication with MedFocus tax specialists
– Access to MedFocus tax deduction database and newsletters
– Full access to MedFocus professional network and services team (legal, financial planning, banking, insurance)
– Secured physician portal for organization and archiving of financial records
– Set up and administration of tax compliance schedule with built-in, automated reminders
– Payroll and remittance calculations and advice
– Year end corporate (T2) tax return
– Tax slips – T4 (salary) and T5 (dividends)
– Corporate financial statements / compilation engagement
– Personal (T1) tax return (and partner’s)
Bookkeeping & Corporation Administration
– Professional fees protection to ensure no additional billing in the case of CRA enquiries/audits
– Implementation of cloud-based accounting system
– Customized set up of books to integrate tax efficiency plan (as developed in Service “A”)
– Monthly bookkeeping and recording of all corporate transactions on accrual basis
– Quarterly financial reporting of earnings and account balances
– Document management for protection on potential CRA enquiries/audits
– Preparation and submission of annual corporate information returns
Payroll Management
– Customized set up of books to integrate tax efficiency plan (as developed in Service “A”)
– Bookkeeping and recording of all corporate transactions on accrual basis
– Document management for protection on potential CRA enquiries/audits
– Preparation and submission of annual corporate information returns
Customized Tax Strategies & CFO Services
– Advanced business and tax planning, to address specific client needs (eg trust structures, corporate freeze, capital gains strips, SR&ED).
– Advisory services for other client needs, including but not limited to the costing for medical practice/clinic, license acquisition/purchase, office/building purchase or lease, procurement of billing software or EMR, office equipment and supplies, and staffing solutions.
Book a Consultation
Book a consultation with us today and see how MedFocus can create customized solutions to grow your wealth and simplify your financial life.
Book a Consultation
Book a consultation with us today and see how MedFocus can create customized solutions to grow your wealth and simplify your financial life.