Physicians & Medical Doctors
Incorporated physicians (MPCs), from family practice to specialists.
Professional corporations where most revenue is HST-exempt and the planning is in the structure. Every niche below has dedicated pages for the things owners actually ask us about.
Incorporated physicians (MPCs), from family practice to specialists.
Practice owners with a Dentistry Professional Corporation.
Independent and banner pharmacy owners.
Optometrists running exams plus a dispensary under one roof.
Clinic owners — small animal, mobile and mixed practices.
Denturist clinic owners fabricating and fitting dentures.
CDHO self-initiating hygienists — mobile practices and independent clinics.
“Your industry shapes your numbers. We know what to look for.”
Walla Assaf, CPA · Founder, Tauro Accounting
Most doctors and dentists incorporate, but not all professional corporations are structured to maximize tax efficiency. We review your share structure, how you're paying yourself, and whether your setup is aligned with your current income and family situation.
The right mix of salary and dividends depends on your personal tax situation, RRSP contribution room, CPP considerations, and family structure. We model different scenarios and recommend the approach that results in the lowest overall tax for you and your family.
Most associates benefit from incorporating once their income is established. The tax deferral from a professional corporation is significant at higher income levels. We review your situation and advise on the right timing.
Yes. We review the financial position of the practice, assess the tax implications of the purchase, help structure the transaction, and prepare the financial documentation your lender will need.
There are several strategies depending on your goals, paying down debt, investing inside the corporation, distributing to shareholders, or planning for retirement. We review your situation and recommend the most tax-efficient approach.