Accounting Services for Doctors
Doctors are busy people. The workday is long, and the last thing you want to be doing at the end of it is accounting. Make time for life balance and leave your accounting to us!
At CLBN LLP, we provide full accounting and financial consulting services to both businesses and individuals, including bookkeeping, estate planning, tax return preparation, CRA representation, tax planning payroll services, business and personal consulting services, sales tax services, business valuations, estate & trust tax preparation, financial statements, and more. By offering clients support and our expertise, our goal is to make sure they are well-informed to reduce the likelihood of common costly mistakes.
We can help you to determine the best share structure for your medical corporation. Examples of share characteristics to consider include the number of classes to issue, as well as whether shares should be voting or non-voting.
Once incorporated, your medical corporation accountant can actively manage monthly transactions in order to assist with compliance and business decision making. We can also prepare regular financial statements in order to satisfy lending institution requirements and assist with applying for benefits under the CPRSP.
We will advise you on basic tax planning strategies such as income splitting and salary versus dividends, through to more complex planning considerations. As revenues grow in the Medical Corporation, we will advise on factors such as incorporating one or multiple holding corporations and may advise on including an inter-vivos or testamentary trust where prudent.
The following are some of the accounting services that CLBN LLP provides for medical professionals:
- Tax planning
- Accounting assistance
- Estate planning for Medical Professionals
- Tax minimization strategies
- Cash flow planning
- Expense reduction
- Litigation support
Our accounting firm also proudly provides these services: