Doctors and clinics
You take care of your patients.We take care of the numbers behind the practice.
Accounting and tax for physicians, specialists, medical professional corporations, dentists, clinics and allied health practices.
- Monthly plans
- From CAD 299 per month
- Led by
- Salman Feroz, CPA, CMA
- Software
- QuickBooks Online and Xero
- Reply time
- Under one working day
The problem
Billing, associates and payroll blur together and compensation planning gets left to chance.
Practice income is largely predictable. The tax outcome is not. We manage the corporation, the clinic books and the compensation plan so more of your billing survives the year.
Professional corporation accounting and compensation planning for practices and multi-provider clinics. The bookkeeping, tax and payroll run together on one fixed monthly price.
What we cover
11 things we handle for doctors and clinics
- 01Medical and dental professional corporation accountingCovered
- 02Clinic bookkeepingCovered
- 03Payroll for staff and hygienistsCovered
- 04Physician and associate compensationCovered
- 05Equipment purchases and CCA planningCovered
- 06Tax planning and instalmentsCovered
- 07HST on taxable vs exempt clinic revenueCovered
- 08Cash flow for clinic operationsCovered
- 09Clinic expansion and second-location modellingCovered
- 10Associate payments and contractor reportingCovered
- 11Owner compensation and dividend planningCovered
Problems we solve
Where the money is usually leaking
You incorporated but nothing changed
A professional corporation only saves tax if compensation is planned. We set the salary and dividend mix, RRSP room strategy and retained-earnings plan deliberately.
Associate payments are messy
We structure associate splits, overhead recovery and reporting so each provider's economics are clear and defensible.
Mixed taxable and exempt revenue
Cosmetic and non-insured services can be HST taxable while core medical services are exempt. We map revenue correctly and manage input tax credit restrictions.
Doctors and clinics: your questions
How much will this cost?
Monthly accounting starts from CAD 299 per month and is priced on transaction volume, payroll, entities and complexity. Tell us about the business and we confirm an exact fixed price in writing after a short review.
Should a doctor incorporate?
If you consistently earn more than you spend personally, a professional corporation can defer tax meaningfully. We model your specific numbers before you decide.
Do you work with dentists and allied health clinics?
Yes: dentists, optometrists, physiotherapists, chiropractors and multi-provider allied health clinics.
Can you handle clinic payroll?
Yes: employee setup, payroll runs, remittances, T4s and ROEs.
Can you take over from my current accountant?
Yes. We handle the transition, request prior-year files and CRA access, review what was filed, and flag anything that needs to be corrected before we take over your filings.
Do you provide audits?
No. The Accounting Doc does not provide audit or assurance engagements. We focus on accounting, bookkeeping, tax, compliance, business registration, reporting and advisory services within the scope of our professional services.
The Accounting Doc does not provide audit or assurance engagements.
Get my medical practice accounting quote
Tell us about the business. We come back with a fixed price and a first step within one working day.
We never ask for confidential documents on this form. Secure upload happens after onboarding.
We use one analytics cookie to see which pages help people. Privacy