Tax Services for Dentists
Boost Your Practice with Professional Tax Services for Dentists
Running a dental practice is demanding, and managing taxes and finances on top of that can take valuable time away from your patients. At MaxPro Financials in Port Moody, we provide expert tax services for dentists designed to keep your finances healthy while helping you save more. Whether you own your clinic, work as an associate, or operate through a corporation, our team delivers personalized solutions that reduce stress and maximize your earnings.
We help dentists across Port Moody, Coquitlam, Port Coquitlam, Burnaby, Vancouver, North Vancouver, West Vancouver, Richmond, Delta, and Chilliwack take advantage of every allowable deduction and credit while remaining fully compliant with CRA rules.
Our Accounting Services for Dentists and Bookkeeping for Dentists
At MaxPro Financials, we offer a full suite of accounting services for dentists and bookkeeping for dentists to keep your practice running smoothly. Services include:
Personal and corporate tax preparation (T1 and T2)
GST, PST, and HST filings
Payroll processing and T4 preparation
Bookkeeping and expense tracking
Record of Employment (ROE) and Workers Compensation Board (WCB) reporting
Financial planning and budgeting
CRA audit support
We tailor these services to your individual or corporate situation, providing clear and effective solutions.
Why Trust Our Accountants for Dentists
Specialized knowledge of dental industry finances
Tailored tax strategies for both personal and business needs
Accurate and timely filings to avoid costly penalties
Transparent communication and clear reporting
Secure systems that keep your financial data confidential
Our goal is to give you peace of mind and more time to focus on what you do best, caring for your patients.
Services for Dentists Across Canada
Our main office is located in Port Moody, but we proudly serve dentists throughout British Columbia. Whether you practice in Coquitlam, Port Coquitlam, Burnaby, Vancouver, North Vancouver, West Vancouver, Richmond, Delta, or Chilliwack, our team is here to help. We offer both in-person consultations and convenient online services to make working with us simple and accessible.
Book Your Free Consultation with a Tax Accountant for Dentists Today
Ready to take charge of your dental practice’s finances with help from a dedicated tax accountant for dentists? Book your free consultation today. We will review your clinic’s financial situation, understand your goals, and create a customized plan that fits your needs. Contact us now to schedule a no-obligation consultation and learn how MaxPro Financials can help you save time and increase your profits.
This complimentary service gives you a clear picture of your tax situation and practical steps you can take to strengthen your financial outlook.
FAQ
Dentists often overlook allowable deductions or blend personal and business finances without proper documentation. Careful tracking and planning throughout the year can prevent costly mistakes.
Yes, many dental care costs you pay personally, such as cleanings, fillings, dentures, and implants, may qualify for the Medical Expense Tax Credit. Cosmetic procedures usually do not qualify.
New dental professionals can benefit from tax planning that takes advantage of tuition credits, helps manage cash flow, and sets up the right structure for business and personal finances early on.
Incorporation can reduce your overall tax bill through strategies like income splitting and access to lower corporate tax rates. It’s best to evaluate whether incorporation suits your current income level and long-term plans.
Not always. Some expenses, like meals, travel, and home office costs, have specific rules and limits. Keeping accurate records ensures you claim only what is allowed.
Yes, if the family member actually works for the practice and is paid a fair wage for the duties they perform. Be sure to document their role and hours to support the deduction.
Look for someone experienced with the dental industry who offers ongoing advice, helps you plan ahead, and provides clear explanations of tax strategies and compliance requirements.
Some services you provide may be taxable while others are exempt. It’s important to apply GST or PST correctly on eligible services and submit filings on time to avoid penalties.