Why opt for accounting for medical?
Our healthcare accounting for medical professionals in Toronto is designed to free up the time to focus on your patients and reduce expenses by eliminating the need to hire an in-house bookkeeper. Over the years RC Financial Group has helped many healthcare providers with their accounting and tax needs, including doctors, dentists, chiropractors and more.
Professionals such as yourself deserve an adviser that thoroughly understands your situation, needs, and objectives. The accountants and advisors have extensive knowledge providing special insights into the operational and managerial issues that the medical sector faces.
We are involved in trade associations, publications, and conferences and stay abreast of the latest issues through industry consultants and research and have direct access to industry standards and performance indicators. All of these factors position us to know more about our clients.
We worked with the following practice areas:
- Medical practices
- Dental and oral health practices
- Physician groups
- Home health care
- Physical therapists
- Mental health care
We want you to be as knowledgeable as possible when it comes to the financial condition of your dental practice. This is why we’ll spend time with you to make sure you understand everything. You can also get in touch with us whenever you have a question or issue that needs to be addressed with the benefit of owning a tax pro.
Our tax preparation services and experts accounting for medical professionals include –
- File your return electronically so you will get your refund quicker
- Show you how to adjust your payroll withholding to get more money back each week
- Identify potential deductions to limit your tax liability for next year
Why choose our accounting for medical professionals?
We’ll save your time
To be a physician you’ve spent quite a bit of time and money to become an expert on the health and workings of the human body. People trust you because you’re an expert and are expecting that your advice will fix their problem or better their health. We’re experts when it comes to virtual bookkeeping, taxes, and accounting and that means Vaughan Tax accountants can save you valuable time because we’ve done our tax homework.
We’ll make sure you get all the deductions you’re entitled to
Office furniture, medical supplies, and business cards are only a start when it comes to deductions. We want to make sure you get your full deductions. Let’s talk and make a list of detailed items you may be overlooking – like office supplies for the front desk, your answering service, and magazine subscriptions and the fees for the guy that comes to clean the tank in your patient waiting room.
You’ve got a consultant in your corner
Maybe you spend a few months providing medical services as a doctor and donating supplies in a world country each year. Or your growing business requires you to hire a few more employees and offer benefits. How these things impact your annual taxes or your financial bottom line is something we can help with.
We provide you with a certified expert
Your head may start to spin when you hear terms like self-employment tax, employee wages, estimated taxes, and deductible expenses – we can give you a hand. Our accountant and bookkeeping services in Toronto aren’t just reading prompts from a computer screen, they’re certified bookkeepers and accountants and they’re happy to answer any questions you may have. They’ll even take care of it for you, so you can get back to your patients.
We know that your tax is the last thing you want to be doing which is why we make that part of your business management as easy and stress-free as possible. We will provide you with simple and easy business solutions and tax-effective business structures that will maximize your profits and, most importantly, minimize the amount of tax you pay.
Working as a healthcare professional has plenty of benefits. But if there’s one drawback, it’s the constant need to watch your finances and stay on top of your accounts. We pride ourselves on combining up-to-date technology with honest and friendly advice to provide the best possible service when it comes to accounting for medical professionals. Wherever your different contracts take you, we make sure you can get to work knowing your accounts are in good shape with our accounting for medical professionals Toronto.