GGold Star Accounting

Health Professionals

Accounting and tax support built around the way health professionals actually work — professional corporations, locum and associate income, and the administrative realities of running a practice.

Common challenges

What makes this industry different

  • Balancing salary versus dividends from a professional corporation
  • Tracking income from multiple clinics, locum work, or associateships
  • Managing practice overhead, equipment purchases, and staff payroll
  • Coordinating personal and corporate tax planning together

What we watch for

Key accounting & tax concerns

  • Professional corporation compliance and year-end filing
  • Payroll for clinical and administrative staff
  • GST/HST treatment of taxable versus exempt services
  • Retirement and income-smoothing planning across years

Workflow

What working together looks like

  1. 01

    Practice review

    We review your corporate structure, income sources, and current bookkeeping setup.

  2. 02

    Ongoing bookkeeping & payroll

    Monthly bookkeeping and payroll keep your practice's records current.

  3. 03

    Year-end & T2

    Financial statements and your corporate return are prepared together with personal tax planning in mind.

  4. 04

    Planning ahead

    We discuss compensation strategy and upcoming practice or personal changes each year.

FAQ

Common questions

Yes — professional corporations for doctors, dentists, pharmacists, and similar regulated professions are a core part of our corporate tax and bookkeeping work.

Ready when you are

Ready to talk about your health professionals accounting?

Book a consultation and we'll discuss what your business needs.

CallBook a Consultation