Accounting for dentists in Ontario
A dental practice may run as a professional corporation, pay associates on a percentage, run hygienists and admin on payroll, and finance expensive equipment written off over years.
CRA EFILE authorized · Data stored in Canada · Every file reviewed by an accountant
taxifi · Dentists
This month
- Bookkeeping Current
- Payroll & source deductions Filed
- HST Filed
- Year-end tax (T2) On track
The problems we take off your plate
Associate and hygienist pay
Percentage associates, hygienists, and admin staff are all paid and tracked correctly, with source deductions to CRA on time and T4s ready at year-end.
The exempt/taxable HST mix
Dental services and product sales are treated differently for HST. We handle the mix so your returns are right.
Expensive equipment
Chairs, imaging, and build-outs are claimed over time through capital cost allowance, tracked correctly by your accountant.
Your professional corporation
The corporate books and the year-end T2 are handled, and your accountant plans salary vs. dividends for how you actually want to be paid.
What’s included
One flat monthly price for incorporated Ontario dentists. Everything below is in it.
- Bookkeeping with associate and hygienist pay tracked cleanly
- Payroll and source deductions for clinical and admin staff
- HST handling for the mix of exempt and taxable services
- Equipment tracked for capital cost allowance
- Year-end corporate tax (T2) for your professional corporation
- Salary-vs-dividend planning with your accountant
| Area | A typical setup | With taxifi |
|---|---|---|
| Your books | Weeks or months behind | Current every day |
| Year-end (T2) | A spring scramble, billed extra | Included, no surprise invoice |
| Your accountant | Metered by the hour | Unlimited questions, flat monthly |
Common questions
Do you work with dental professional corporations?
Yes. Incorporated dental practices are a core fit, including the corporate T2 and owner pay planning.
Can you handle associate payments and hygienist payroll?
Yes. Both are tracked monthly with source deductions remitted on schedule and T4s ready at year-end.
Books and taxes for your dental practice, done
One flat monthly price for Ontario businesses, scoped on a discovery call.
Book a discovery call