Accounting for Health & Wellness Practices
Dentists, physicians, physiotherapists, chiropractors, optometrists, veterinarians — incorporated practices with staff on payroll and a professional corporation behind them. You run the clinic. We run the books.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
taxifi · Clinic month
This week
- Practitioner & staff payroll Filed
- HST on the exempt/taxable mix Handled
- Equipment (CCA) Tracked
- Year-end tax (T2) On track
The problems we take off your plate
Associate and practitioner pay
Percentage associates, contractors, and employed staff all hit the books differently. We track each correctly, remit source deductions to CRA on time, and have T4s and T4As ready at year-end.
The exempt-and-taxable HST mix
Health services are often HST-exempt while products and some services are taxable. We handle the mix so your returns are right and no input tax credit you are entitled to is missed.
Expensive equipment
Chairs, imaging, lasers, and build-outs are claimed over time through capital cost allowance. Your accountant tracks it correctly so the deductions land in the right years.
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. Everything below is in it.
- Monthly bookkeeping and every account balanced
- Payroll for clinical and admin staff, remitted to CRA on time
- HST handling for exempt and taxable services
- Equipment tracked for capital cost allowance
- Year-end corporate tax return (T2) for your professional corporation
- Salary-vs-dividend planning with your accountant
- Unlimited questions to an 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 professional corporations?
Yes. Incorporated practices are a core fit: we handle the corporate bookkeeping, the year-end T2, and owner-pay planning with your accountant.
Can you handle associates who are paid a percentage?
Yes. Associate arrangements, contractor practitioners, and employed staff are each tracked and reported correctly, with the right slips at year-end.
How do you deal with HST when most of my services are exempt?
We track exempt and taxable revenue separately and prepare returns that reflect the mix, so you charge, claim, and remit correctly.
Is clinic equipment deductible?
Generally yes, over time through capital cost allowance rather than all at once. Your accountant makes sure it is tracked and claimed correctly.
Find out what it costs to never think about your books again
One flat monthly price, scoped on a discovery call and quoted live.
Book a discovery call