Tax Planning FOR DENTISTS
Professional Tax Planners Who Operate With Determination and Creativity
YOU'VE WORKED HARD FOR YOUR MONEY. LET DENTAL TAX Maximize Your Tax Savings From The Canada Revenue Agency
At DentalTax, we help dentists pay less tax every year. We’ll help you save more of your earned income by using our tax saving strategies and tax planning for dentists. Just like you specialize in dentistry, we specialize in tax planning for dental professionals. We help with your personal tax as well as your professional corporation taxes, guiding you throughout the year on the tax implications of business expense or capital gains strategies.
We also strive to help dental practice owners build their professional corporation or sole proprietorship and personal net worth to seven figures and beyond. You’re more likely to reach your goals if you plan for it and we help you do just that.
When you keep more of your hard-earned money, you increase cash flow to your business. This allows you to grow a bigger business, bigger net worth and bigger goals.
We take into account the impacts of family members on your income taxes, maximizing personal tax planning opportunities like a registered retirement savings plan, income splitting, and more, to keep you in a lower tax bracket.
Wonder if there are more deductions that you could be claiming? We’ll find them. Unsure if your dental practice is structured properly to pay less tax? We’ll tell you. As experts in tax laws, we can guide you on tax deduction strategies to reduce your tax liability and lower your tax rate. Do you worry that as your dental practice expands, your profitability and active business income will decrease? We’ll change that.
Let us take care of what we do best so you can focus on what you do best. Together, we’ll build your business and net worth to seven figures and beyond.
Our Mission
To help dentists save money, make money, and save time.
How You Benefit
Less taxes paid, bigger practice, larger net worth, and more time to spend with patients and family.
How You Get There
You’re more likely to reach your goals if you plan for it.
Book A Free Tax Assessment
PLAN AHEAD AND GROW YOUR Dental PRACTICE
Whether You’re Opening A New Practice Or Operate An Established Dentistry, Dental Tax Can Help
Dental Tax can show you what your dental practice could become. By using financial models to identify key operational and financial information about your dental practice, we can forecast the outcome of different business decisions. Not only is this invaluable information to you, the business owner, but it also attracts investors and banks to your financial decisions. The better your business plan, the more prepared you are for the future. The more prepared you are for the future, the more likely you are to reach your goals.
Wherever you’re at in your journey of owning a professional corporation or sole proprietorship, make sure you have a business plan. And you don’t have to do it alone. Dental Tax is dedicated to helping small business dental practices grow. We help you with tax saving strategies to reduce the taxable income portion of your net income, plus other techniques tailored for dentists to reduce your tax burden and maximize your overall tax savings. Take one of the first steps to create a seven-figure dental practice by contacting us today.
Experienced Accountants Who Are Passionate About The Dental Industry
Dental Tax Offers The Following Services:
Business Planning
Whether you are just starting your own practice or have been in the industry for a while, business planning for your dental practice can be overwhelming at times. We investigate opportunities for investment income and passive income, lowering business expenses, adjusting business structure, and more. Many dental practices benefit from our planning and tips, like optimizing tax implications of certain expenses, like business mortgage interest.
Accounting
You’ve worked extremely hard to get to where you are now. So your dental practice deserves your full attention. Your business shouldn’t suffer because you’re trying to spend time figuring out accounting and bookkeeping for your dental practice. You also need to be receiving a reasonable salary, to provide you with an adequate annual income to support your family members, contribute to a retirement plan, and benefit from your hard-earned money. We provide guidance to help.
Bookkeeping
When you think of bookkeeping for your dental practice, do you think of payroll, accounts payable, and tax filings? Here at Dental Tax, we go beyond these traditional bookkeeping duties. We have helped many dentists maximize their personal income and business income earned each calendar year. We help you gain tax advantages, guiding you on income tax benefits and tax deferral opportunities, and other tax tips, as we notice them.
