CPA-led accountants in Ontario
T2 corporate returns and Dentistry Professional Corporation (DPC) tax planning for dental practices across Ontario.
Talk to an accountant(647) 527-4970Running a dental practice means carrying equipment costs, staff payroll and patient billing that a generic accountant rarely gets right. Whether you are an associate, a practice owner, or already incorporated as a Dentistry Professional Corporation, we help dentists across Toronto and the GTA keep their books clean and their tax bill as low as the law allows.
Most accountants treat every client the same. We do not. A dental practice carries capital-heavy equipment purchases, hygienist and admin payroll, and HST rules that differ between core dental work and cosmetic procedures.
We know how to claim capital cost allowance on chairs, imaging and sterilization equipment, how associate arrangements should be booked, and when buying or selling a practice needs a share sale versus an asset sale for tax purposes.
Full preparation and filing of your Dentistry Professional Corporation's tax return, done accurately and on time so you avoid penalties and unnecessary CRA attention.
We walk you through whether incorporating as a Dentistry Professional Corporation makes sense for your practice, and set it up correctly from the start.
Dental chairs, imaging systems and sterilization equipment are major purchases. We claim capital cost allowance correctly so you get the deduction you are entitled to.
Core dental services are largely HST-exempt, but cosmetic work like teeth whitening is not. We review your billing mix and keep your HST filings accurate.
Hygienists, admin staff and associates all need to be paid correctly. We handle payroll setup, remittances and year-end T4 slips.
Buying or selling a practice raises share-sale versus asset-sale questions that materially affect your tax bill. We review the deal structure before you sign.
“Incorporating our dental clinic and balancing salary versus dividends used to cause constant stress. goodaccounting reorganized our corporate setup and cut our tax bill significantly — someone always picks up when you call.”
“Managing daily POS sales, food costs, and payroll for 12 staff was overwhelming. goodaccounting synced our Square registers with QuickBooks and handles our quarterly HST filings like clockwork.”
“Construction accounting is tricky with holdbacks and T5018 subcontractor slips. Aman's team set up job costing so I know my true margin on every job site, with zero surprise fees.”
“When our company grew past $2M, we needed real corporate expertise. goodaccounting prepared bank-ready Notice to Reader statements in two weeks and helped us claim key tax deductions.”
A simple process from first call to finished work.
Tell us about your situation by phone, video or the contact form. We listen first and ask the right questions.
You get a plain-language scope of work and a fee quote before anything starts, so there are no surprises.
We prepare, file and reconcile everything, and you review a clear summary before it goes to the CRA.
Questions in March or September are welcome. We stay available all year, not just at tax time.
Choose your city to see how we help locally.
T1 tax returns for individuals, families, students, seniors and newcomers, filed accurately and on time.
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T2 corporate returns and year-end tax planning for Canadian-controlled private corporations.
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Corporate tax, incorporation guidance and PREC planning for real estate agents and Realtors across Ontario.
Learn moreAnswers to common questions in Ontario.
A DPC is a corporation that lets a dentist licensed in Ontario provide dental services and receive income through a company instead of personally, subject to RCDSO rules on share ownership. It can defer tax on income retained in the corporation.
Most basic and preventive dental services are exempt from HST. Certain cosmetic procedures such as teeth whitening are taxable, so your HST obligations depend on the mix of services you provide.
Yes. We review whether a share sale or an asset sale makes more sense for your situation, and handle the tax and accounting side of the transition.
Fees depend on the scope and complexity of your situation. After a free consultation we give you a clear quote before any work begins.
Yes. We serve Toronto, Mississauga, Brampton, Vaughan, Markham, Oakville and the wider GTA, and we work with clients across Canada by phone, video and secure online document sharing. Call (647) 527-4970 to get started.