For dentists and dental practices
Accountant for Dentists & Dental Professional Corporations
Accounting for a dental practice means running payroll for hygienists and staff, tracking equipment and associate fees, and planning how you pay yourself from your professional corporation. Most dental services are HST-exempt, which changes how costs are recorded. We handle the books and tax for dentists in Brampton, Mississauga and the GTA.
Brampton · Mississauga · GTA · Virtual support across Ontario
How it works
Dental practice accounting, step by step.
Exactly what happens after you get in touch, starting with one 15-minute call.
- Today
Book 15 minutes
A free, no-obligation 15-minute call on Teams or at our office at 181 Queen St E, Brampton.
- The call
Your practice and plans
Owner or associate, how you are paid, and the decisions coming up this year.
- Every month
Books and payroll current
Staff payroll, associate fees, lab costs and equipment recorded and reconciled.
- Before year-end
Plan your pay mix
Salary or dividends, and what to do with money building up in the corporation.
- Your move
Ready when you are
Pick a 15-minute slot that suits you. We confirm the time and scope with you directly.
What we see most often
You run a busy chair all day. Your corporation needs a plan too.
Four common problems, and what we do about each one.
- The problem
HST on costs can't be recovered.
Most dental services are exempt, so the practice usually can't claim HST paid on its costs. Some cosmetic services can be taxable.
The solutionHST handled correctly
We check which of your services are exempt or taxable and record costs to match.
- The problem
Savings are building up in the corporation.
Once passive investment income passes $50,000 a year, the small business limit starts to shrink.
The solutionA check on corporate investments
We show where you stand against that level and explain the options in plain words.
- The problem
Equipment purchases are big and lumpy.
Chairs, imaging and technology each have their own capital cost rules.
The solutionEquipment claimed correctly
Purchases and leases set up properly, with the tax effect explained before you buy.
- The problem
Payroll for staff takes your time.
Hygienists, assistants and front desk each need deductions and slips done right.
The solutionPayroll handled
Pay runs, remittances, T4s and ROEs looked after on a schedule.
WHAT WE HANDLE
One firm for the books and the tax
- Monthly bookkeeping for the practice
- Staff payroll, remittances, T4s and ROEs
- Associate fee tracking
- Corporate tax return (T2) and year-end statements
- Salary and dividend planning
- HST review for exempt and taxable services
- Equipment and leasehold set up for CCA
- Personal tax returns (T1)
The exact work and fees are agreed in writing before work starts.
ANSWERS BEFORE YOU START
Common questions.
General information, not tax advice for your situation. Book 15 minutes to talk about yours.
Can a dentist incorporate in Ontario?
Yes, through a professional corporation, which needs a certificate of authorization from the Royal College of Dental Surgeons of Ontario. Your lawyer handles the set-up.
Do you work with associates as well as owners?
Yes. We help associates with their own books, tax and, where they have one, their corporation.
Is the doctors' 50% offer available to dentists?
That offer is for incorporated physicians. For dentists we quote in writing based on your practice.
Do you only work in Brampton?
Our office is at 181 Queen St E, Brampton. We also work with practices across the GTA on Teams.
A PRACTICAL NEXT STEP
Talk to us before
the deadline.
Share the service you need, your business type and any upcoming deadline. We’ll discuss the records, scope and next steps before work begins.