4.9 / 5.0

Small business Accounting services in GTA

Physician Accountant in Toronto. Bookkeeping, HST & Payroll Services.

Corporate tax filing and bookkeeping for physicians, specialists and Medicine Professional Corporations across Ontario.

T2 corporate tax filing for medical corporations
Medicine Professional Corporation setup guidance
Salary and dividend review

A physician in a white coat with a stethoscope, arms crossed

Corporate tax help for physicians

Physician income does not fit a standard T4 template. Whether you bill OHIP as a sole proprietor, share costs in a group practice or already operate a Medicine Professional Corporation, listed accountants on our platform help you file correctly and keep the practice's records in order.

A physician's income can mix OHIP billings, alternate funding plans, hospital stipends and uninsured services that carry different HST treatment. A generalist will often miss the distinction.

The accountants listed here know how salary and dividends work inside a professional corporation, how cost-sharing in a group practice should be booked, and what a locum needs to track through the year.

Physician Bookkeeping, Payroll and T2 Tax Filing in Toronto

Corporate tax filing (T2)
Full preparation and filing of your Medicine Professional Corporation's tax return, done accurately and on time so you avoid penalties and unnecessary CRA attention.
Professional corporation guidance
Your accountant walks you through whether and when incorporating makes sense, based on your billings, expenses and goals, and what the CPSO requires.
HST review
Insured medical services are HST-exempt, but cosmetic procedures, reports and other uninsured services may not be. Your billing mix is reviewed so HST is handled correctly.
Salary and dividend review
Your personal cash needs are weighed against what the corporation keeps, so you understand what each way of paying yourself costs.
Group practice bookkeeping
Overhead cost-sharing, locum coverage and hospital stipends are booked correctly and reconciled every month.
CRA filing and review
The return is filed electronically ahead of the deadline, and the Notice of Assessment is checked against it when it arrives.

Who this helps

Family physicians and specialists
Physicians incorporating for the first time
Group and hospital-based practices
Locums and fee-for-service physicians

Two colleagues celebrating together at a desk with a laptop and paperwork

Our approach

Bookkeeping and tax filing, made simpler

Most physicians dread anything to do with tax and books. The language is confusing, the deadlines are stressful and one missed form can be expensive.

Good Accounting is a marketing platform that connects you with listed bookkeepers and tax preparers so the paperwork gets done clearly and on time.

Straight answers with no jargon
Listed pros for books, HST and payroll
A quote before any work begins

4.9 / 5.0· 148+ Reviews

What people say about working with good accounting

Dr. Priya Sharma

·Dentist·Mississauga

“Keeping clinic books and staff payroll straight used to cause constant stress. Through goodaccounting we got a listed bookkeeper who syncs our numbers monthly — someone always picks up when you call.”

Ben Campbell

·Bakery Owner·Toronto

“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.”

David Kim

·General Contractor·Hamilton

“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.”

Sarah Jenkins

·Tech Founder·Markham

“When our company grew past $2M, our books were a mess. Through goodaccounting we got a listed bookkeeper who cleaned everything up in two weeks and kept monthly reports clear.”

Ready to work with an Accountant

A simple process from first call to finished work.

1
Tell us what you need
Share your situation by phone, video or the contact form. We match you with a listed professional for the right service.
2
A clear scope and quote
You get a plain-language scope of work and a fee quote before anything starts, so there are no surprises.
3
Let accountant take care of things
The bookkeeper or tax preparer prepares, files or reconciles the work, and you review a clear summary before it goes to the CRA.
4
Stay organized year-round
Questions outside tax season are welcome. Keep books and payroll current so filing season stays calm.

Accountants for Doctors near you

Choose your city to see how we help locally.

Corporate tax for physicians FAQ

Answers to common questions in Ontario.

What is a Medicine Professional Corporation?

It is a corporation that lets a physician licensed in Ontario bill and receive income through a company rather than personally. It can allow tax deferral on income kept in the corporation, and comes with its own CPSO, bookkeeping and T2 filing requirements.

Do physicians charge HST?

Insured medical services are exempt from HST. Cosmetic procedures, expert reports and some other uninsured services can be taxable, so it depends on the services you bill.

Should I incorporate my medical practice?

Incorporating generally helps once your billings exceed what you need to live on, because tax is deferred on income left in the corporation. A listed accountant can review your numbers before you decide.

I am a locum. Do I need an accountant?

Locums are usually self-employed, so there are business expenses to claim, instalments to pay and sometimes HST to consider. An accountant who works with physicians keeps that simple and tells you when incorporating starts to make sense.

How much do corporate tax for physicians services cost?

Fees depend on the scope and complexity of your situation. After a free consultation we give you a clear quote before any work begins.

Do you provide corporate tax for physicians outside Toronto?

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 (905) 798-8690 (Greater Toronto Area) or (647) 527-4970 (Mississauga, Vaughan & Pickering) to get started.

Relevant Physician Accounting Articles (2026)

Tax, Payroll and Bookkeeping Tips for Toronto Physicians

View all articles

Physician Accountant in Toronto. Bookkeeping, HST & Payroll Services.

Corporate tax help for physicians

Physician Bookkeeping, Payroll and T2 Tax Filing in Toronto

Corporate tax filing (T2)

Professional corporation guidance

HST review

Salary and dividend review

Group practice bookkeeping

CRA filing and review

Who this helps

Bookkeeping and tax filing, made simpler