Accounting for physiotherapists in Toronto
Physio clinics balance insurer billings, patient payments, and a team of practitioners who may be employees or contractors, which changes how they're paid and reported. In Toronto, taxifi handles it online: books current every day, filings on time, and a Canadian accountant reviewing and signing every file.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
Physiotherapists in Toronto, books handled
Toronto is Canada's largest business market, dense with professional firms, agencies, trades, and fast-growing companies that need their books current and their T2 handled without a spring scramble.
For physiotherapists specifically, taxifi covers the work below as part of one flat monthly price, with Ontario’s HST, WSIB, and Employer Health Tax handled inside the service:
- Bookkeeping for insurer and patient billings
- Payroll or contractor reporting for practitioners
- HST handling for taxable and exempt services
- Year-end corporate tax (T2), included
What we take off a Toronto physiotherapy clinic’s plate
Insurer and patient billing
Insurer claims and patient payments are reconciled so your books reflect what you actually earned.
Employees or contractors?
Whether your practitioners are employees or contractors changes how they're paid and reported; we handle each correctly.
Growing to a second location
Multi-location books are tracked distinctly and rolled up for the corporation, so growth doesn't muddy your numbers.
Why Toronto physiotherapists choose taxifi
Toronto is Canada's largest and most competitive market. Costs run higher here — rent, wages, insurance — which means margins need watching weekly, not discovered at year-end. The upside of the density is demand; the price of it is that owners who don't know their numbers get outbid by ones who do.
Layer onto that what physiotherapists deal with everywhere — HST-exempt billings on the revenue side and unrecoverable HST buried in almost every clinic cost — and the case for taxifi is simple: books kept current daily by AI, filings reviewed and signed by a Canadian accountant, and the clinic's real economics are visible every month, not once a year.
Common questions
What if my clinic also sells products or offers services that aren't exempt?
Then you may be a mixed supplier — exempt treatment alongside taxable sales like certain products or non-treatment services — and that can create an HST registration and a proration question that catches clinics off guard. The right answer depends on your actual revenue mix; it is exactly the kind of thing your accountant should look at before CRA does.
Should I incorporate my physiotherapy practice?
Ontario health professionals can practise through a professional corporation, with College rules about who may hold shares — and whether incorporation actually saves you money depends on how much the clinic earns beyond what you need to live on. It is a calculation from your real numbers, not a rule of thumb, and it is included in the advisory side of taxifi's service.
How does taxifi compare with hiring a downtown Toronto accounting firm?
You get the parts that matter — books kept current, filings done on time, a Canadian accountant reviewing and signing — without the downtown overhead built into the fee or the office visits built into the process. Everything happens online, and the price is one flat monthly amount quoted up front.
I already have a bookkeeper or accountant in Toronto. How hard is switching?
The switch is free: we deal with your current provider directly, collect your file and history, and take over the monthly work. Any catch-up is scoped and priced before you commit. Your part is about an hour, and mid-year is fine.
Your Toronto physiotherapy clinic, books and taxes handled
One flat monthly price for incorporated Ontario businesses, quoted live on a short call.
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