Accountants and tax consultants for dentists
At Webtax Online, we provide comprehensive support to many individuals and businesses in Calgary, Vancouver, and surrounding areas. One of the specialized services we offer is the accounting of dentists. Dental professionals in Calgary and Vancouver can count on our team to provide exceptional service and individual attention to ensure that all of your tax and accounting needs are met. As a dentist, your practice will thrive if you spend most, if not all, of your time on your patients and increase your patient base instead of your finances. Let our team make it possible for you.
Our goal is to help you minimize your tax burden, maximize tax deferral, plan for the future, and increase the efficiency and profitability of your practice. Contact our office in Calgary or Vancouver to find out how we can help you and your firm.
Complete accounting for dentists in Toronto and Brampton. Looking for a dentist tax accountant near me?
Trying to find a dentist tax services provider? Get in touch with us.
Webtax Online expert specialists are ready to provide you with a wide range of services, including dental practice setting-up advice, corporate and personal tax planning, performance measurement, budget preparation, business analysis consultancy, and much more. Get in touch with dentist taxes service providers near me.
Our goal is to help dentists minimize their tax burden, maximize tax deferral, plan for the future, and increase their practice’s efficiency and profitability.
We understand that although dental practices face similar financial challenges and can benefit from the same tax incentives, each dental practice is unique and should be treated as such. To this end, our professional accountants provide innovative and tailored financial solutions to all dentists we serve in Alberta and British Columbia. Our team offers a wide range of support for the tax preparation and accounting needs of your current dental practice. Dentists can rely on us to provide quarterly or ongoing accounting services for the day-to-day management of your books, including your expenses and income.
We can help you prepare comprehensive documents and reports that will clarify your financial health and where you can see improvements. This will allow you to continue serving your customers to the best of your ability while helping you ensure the financial security of your business.Get in touch with dentist taxes service providers near me.
In addition to these services, Webtax Online also provides extensive support services. For example, our tax preparation for dentists in Vancouver and Calgary can also help ensure you never pay tax again every year. Our dental practice accounting service can also help you plan how to avoid unnecessary taxes in the future.
Our dental accounting and taxation services include:
- Establishment of a professional dental practice
- Tax minimization/deferral strategies
- Preparation of the budget
- Tax returns of legal entities and individuals
- Student Loan / Debt Repayment Strategy
- Consultancy services for the opening, purchase, or sale of a doctor’s office
- Wealth and pension planning
- Financial projections and forecasts
Performance measurement/improvement
Services
Trying to find a dentist tax services provider? Get in touch with us.
YOU NEED TAX AND ACCOUNTING PROFESSIONALS YOU CAN RELY ON
Our accountants have family members who are healthcare professionals themselves, so our team knows how much hard work and dedication dentists put into their practice. That’s why we want our clients to be able to focus on their practice while handling their tax preparation, accounting, and other financial needs for them. We have many years of invaluable experience in the financial industry and look forward to working with new clients to help them achieve their goals. Rest assured we care about your practice as much as we care about you, working diligently on your behalf to give your practice (and your portfolio) the advice it deserves.Get in touch with dentist taxes service providers near me.
HOW WE ARE DIFFERENT
We know you’ve heard this before, but we’re very proud that our services meet the highest possible standards for dentists in Canada. We help our clients gain complete control over their financial situation and needs by developing an intimate understanding of their long-term goals. From there, we do what we do best while our customers do what they do best. We work on financial magic so that our client’s number one priority can always be their patients. Contact our dental tax team now so we can start customizing your financial solution and help you save thousands of dollars.
PROFESSIONAL ACCOUNTING SERVICES FOR DENTISTS IN CANADA
We are a team of professional accountants and consultants who have come together to create a customized tax and financial plan to help you at every stage of your dental career. That is why we have come together to offer a wide range of tax and accounting services that can be of great benefit to dentists. Our mission is simple:
Grow your dental practice
By letting us guide you with a comprehensive approach to tax planning, you will have more time to focus on your patients and grow your practice.
Offer professional advice
We are professional accountants always ready to help dentists at every stage of their business and personal life.
Help us achieve your goals
Your goals are now our goals and we work hard on your behalf to achieve them through meticulous tax preparation and accounting services.
Trying to find a dentist tax services provider? Get in touch with us.
Accounting and Tax Specialist for Toronto Dentists
If you are a professional dentist in Toronto or Mississauga looking for an accountant or tax specialist, Webtax Online is your answer. We are a team of professional accountants who specialize in serving dentists in the Greater Toronto Area. We can meet your accounting needs, no matter what stage you are in in your dental career. We can help you with incorporation if you want to start your own practice or make sure the accounting part of your practice runs smoothly if you already have one. Our goal is to manage the accounting and tax needs of dentists. We provide the following services:
- Incorporation of professional dental practice and structuring
- Accounting and accounting
- Payroll management
- Profit maximization
- Preparation of the budget
- Presentation of the corporate tax return (T2)
- Dentist Tax Return (T1)
- Tax planning taking into account your tax needs
- Salary comparison vs
- Tax breaks on income and capital
Let us help you with dentist tax.
As accountants specializing in managing the accounting and tax needs of healthcare professionals such as dentists. We help dentists make the right financial decisions to get their practice off to a good start and help them withhold as much of their legally taxable income as possible. Webtax Onlineis well-equipped to work with the latest accounting software to ensure timely and correct accounting.
We take a proactive approach and use our expertise and tailor it to your specific needs, delivering more than you expect from your chartered accountant. This allows our clients to focus on providing health services and serving their patients, while we take care of their financial and accounting needs. Our accountants’ specialists are experienced in working with dentists and have knowledge of practice management software to keep accounting running properly and efficiently.
Tax specialists
We make sure we provide our customers with the best possible service when it comes to their taxation. Whether you are a sole proprietor wishing to file your personal tax return, one of the partners in a partnership, or own a professional company, we can help you with your tax obligations. As we have many years of experience in protecting taxes for healthcare professionals, we can help our clients in a variety of ways by making sure they don’t pay more tax than they should and can benefit from any concessions or subsidies granted to them by the government and relevant authorities.
Our team of certified professional accountants helps develop efficient tax compensation plans for our clients and their families. Our team also helps in-house professionals to incorporate their business. Webtax Online offers tax advisory services such as estate planning, year-end tax planning, and guidance on the sale and purchase of assets without serious tax implications.
Let us help you with dentist tax.
Dental accounting services
We help dentists maintain higher profits and net income by reducing their tax burden. We specialize in the taxation of dentists and dental practices and can help them maximize their income as they grow their practice. We help our clients take full control of their finances and needs and create an understanding of their long-term goals. There are many things that come up in running a practice that isn’t taught in dental school. Our job is to make accounting and taxes the least of your worries. We make sure your books are complete at the end of the year, your employees are paid on time, and your cash flow is satisfactory on a monthly basis. We help you achieve your financial goals, whether it’s planning and saving for retirement, saving for your child’s college, or buying your dream home, we’re here to help you make your dreams come true. We can help you make financial decisions such as wages, incentives, payroll taxes, retirement plans, equipment purchases, purchase vs. leasing, and other financial matters.
Accounting services for dentists
If you are thinking of buying or selling a dental practice, we can help you through the ordeal. Our charter business appraisals are experienced professionals who assist in providing appraisal services and can ensure that you are fairly compensated.
Here is a list of services we help other dentists and practice owners with:
1. Corporate income tax for the financial year and financial statements
- Prepare year-end documents for all businesses, including:
- Budget – Notice to readers
- Tax return T2
- GST / HST monthly returns
- Slip T4 / T5 and information returns
- Canada Revenue Agency Correspondence and Audit Assistance
- Review of the accounting infrastructure and implementation of processes
- Introduce the team and review current processes
- Review and document detailed processes within the accounting infrastructure, including accounting, debt, credit, and tax compliance.
- Evaluate and finalize the software and “application stack” to increase the efficiency of accounting processes, provide automation where appropriate, improve controls, etc.
- Provide credentials and training to internal team members
3. Back Office services managed monthly in progress
- Monthly data entry and transaction review
- Monthly reconciliation of bank accounts
- Monthly identification of credit card expenses
- QuickBooks Online (QBO) Review.
- Support to general accounting
- Management reports including key financial data
- Support and management of accounts payable
- Configuration and integration of Plooto payments
- Pay monthly suppliers and suppliers
- General accounting and bookkeeping consultancy
- Store HST and make tax payments (including HST and corporation tax)
- Payroll processing and posting once every two weeks
- Payroll software maintenance
- Adding new employees
- Administration of biweekly payroll cycles
- Occupation record
4. Senior Financial Management Services
- Provide monthly financial statements
- Provide monthly performance against budget reports
- Help manage cash flow
- Participate in the budgeting and forecasting process
- Coordinate with the ad hoc relationship management team and consultancy on external fundraising requests
PROFESSIONAL ACCOUNTING SERVICES FOR DENTISTS IN CANADA
We are professional accountants specializing in tax planning and customizing financial strategies to help you in your dental career. We offer a wide range of tax and accounting services:
Our bookkeeping and dental accounting services include:
- Preparation of the budget
- Monthly accounting for dentists
- Establishment of a new company accounting system
- Preparation of the corporate tax return – T2
- Preparation of the tax return for IRPEF – T1
- Tax planning
- Preparation and compilation of T4 coupons (for salaries)
- Preparation and compilation of T5 coupons (for dividends)
- Establishment and reorganization of the company
- Management of CRA requests and audits
- Analysis and advice on investments, financing, real estate investments
Accounting
Choosing the right accountant is one of the most important decisions you will make for your business. To compete effectively and succeed in today’s business environment, you need an experienced, dedicated accountant who works with you as part of your team.Our deep dental accounting expertise combined with our accurate monthly reports puts you in the driver’s seat by regularly monitoring your financial performance. Looking for a dentist tax accountant near me?
Accounting
OnTrack Accounting helps dentists manage all their accounting efficiently; from payroll processing and cash flow processing to general assistance in running your business.
We help you manage your daily accounting, payroll, and accounting matters so that you can fully focus on managing and growing your dental practice and have much more free time
We offer fixed payment dental accounting. This means there are no surprises when it comes to our rates, and we don’t charge any additional fees for phone calls, meetings, or responding to CRA inquiries.
Tax Preparation
It is about planning, and filing T2 – Corporate Tax Return and T1 – Personal Tax Return is not rocket science, yes, of course, it is complex and can be confusing and time-consuming. But behind there is art, not just science. Save yourself the headache and let our professional accountants prepare and record your taxes correctly and on time.
Tax planning
The game here is more proactive than reactive, it’s all a matter of planning. It all starts with accurate and timely accounting, which together as a team allows us to review your financial statements before the end of the year and make tax planning decisions accordingly. When it comes time to file your tax return, you know exactly what to expect and there are no surprises.
The bottom line is to pay fewer taxes, keep more hard-earned money, and increase cash flow. But when working on your tax plan, it’s also very important to keep your financing skills and loan qualifications in mind.Let us help you with dentist tax.
Tax planning is an art and a science; it is a dynamic process because it is never set in stone. Your tax plan is an active strategy and should be reviewed and revised as your financial goals change and your personal lifestyle changes from year to year.Looking for a dentist tax accountant near me?