Whether you're working through an agency, subcontracting independently, or incorporated as a nurse practitioner, we handle the tax and accounting side.
You're working as a subcontractor through a nursing agency and not sure how to report that income
You're earning from multiple sources, agency work, hospital shifts, private contracts, and it's getting complicated
You've incorporated as a nurse practitioner but nobody has helped you figure out the best way to pay yourself
You're not sure which expenses you can deduct and which ones you can't
You haven't been tracking your income and expenses properly throughout the year
Proper reporting of income earned through nursing agencies or independent contracts, including T4A reconciliation.
Setting up your professional corporation if you're eligible, including articles, bylaws, and minute book.
For incorporated nurse practitioners, determining the optimal way to pay yourself based on your income and personal situation.
T1 returns covering employment income, subcontractor income, and all applicable deductions and credits.
T2 returns for incorporated nurse practitioners.
Identifying what you can deduct based on your employment or self-employment status.
Bookkeeping and tax filing as standalone services, or full end-to-end accounting if your situation requires it.
Tell us about your work situation and how we can support you.
We assess your situation and provide a clear scope and price.
We execute and deliver.
It depends on how the arrangement is structured. Some agencies treat you as an employee and issue a T4, while others treat you as an independent contractor and issue a T4A. The way your income is reported affects your tax obligations and what you can deduct. We review your situation and make sure everything is handled properly.
Nurse practitioners in Ontario can incorporate a professional corporation. Registered nurses (RNs) and registered practical nurses (RPNs) cannot incorporate a professional corporation but can operate through a regular business corporation depending on their situation. We advise on what's available to you.
Most healthcare services provided by regulated health professionals are exempt from HST. However, if you're providing services that fall outside the exemption, such as certain consulting or administrative services, you may need to register and charge HST. We determine whether this applies to you.
Common deductions include professional licensing fees, union dues, continuing education, uniforms, medical supplies, vehicle expenses if you travel between work sites, and home office expenses if applicable. What you can claim depends on whether you're an employee or self-employed. We identify everything you're entitled to.
If you're earning from a combination of employment, agency work, and independent contracts, each source is reported differently and may have different deduction rules. We consolidate everything into one return and make sure each income source is reported correctly.
Book a consultation to discuss your situation and how we can support you.
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