Tax
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Read articleMy spouse is a physician. How can we reduce our tax burden?
If your physician spouse is the higher-income earner, you may be able to use these strategies to make sure that your household isn’t paying more taxes than it needs to.
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Read articleMedical students: Getting ready to file your 2019 tax return
If you’re a med student or resident, you may think there’s no need to file a tax return, but you might be surprised at the benefits filing can provide. Here are some simple steps to get organized.
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Read articleHow to minimize taxes when transferring your wealth
A good estate plan starts with understanding the tax consequences of the types of assets you own. The next step is to use strategies to mitigate their tax impact.
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Tax tips for retired physicians
The guide can help you understand what tax credits, expenses and deductions may be available to you, the government benefit programs you may be eligible for, and much more.
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Read Flipbook
Tax tips for practising physicians
The guide can help you understand what tax credits, expenses and deductions may be available to you, the government benefit programs you may be eligible for, and much more.
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Read Flipbook
Tax tips for medical students, residents and medical fellows
Learn which tax credits and deductions may be available to you as a medical student, medical resident or medical fellow.
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Read article5 tax tips you may not know about
You'll need every advantage possible to get your tax return right. Optimize your tax filing with these simple but effective tips.
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Read articleHow to use income splitting to keep more of your money
Income splitting lets a higher-income earning spouse equalize their income with their lower-earning partner to effectively lower their overall tax bill. Learn how.
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Read articleRethinking RRSPs and TFSAs for incorporated doctors
Before 2018 it made sense to shelter your earnings in your corporation alone. Today you might want to consider RRSPs and TFSAs. Learn why.
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Read articleWhy TFSAs are a good option for incorporated physicians
Incorporated physicians typically invest in their corporate accounts, but they can come out ahead using TFSAs. Learn how.
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Read articleTFSAs: Harnessing the power of tax-free savings
TFSA is designed to help Canadians save money, either for the short term or long term. Learn key facts about TFSAs, like eligibility, contribution limits, withdrawals and investment types.
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Read articleHow does incorporating help with taxes?
The tax deferral advantage of incorporating is explained in detail.
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Read articleShould you contribute to a spousal RRSP?
A spousal RRSP can be an important part of a couple’s retirement plan and even offers some pre-retirement benefits.
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Read article6 mistakes to avoid with your RRSP
Get the most out of your RRSP by avoiding these common mistakes.
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Read articleManaging how much tax comes off your residency paycheque
What medical residents need to know about TD1 forms
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Read articleThe dos and don’ts of financial planning for locums
Financial advice for locum tenens: tax planning, incorporation, insurance.
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Read articleMedical residents: 3 questions you may have about filing your tax return
Tax tips you might not know about when filing your tax return.
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Read articleIs your corporate legacy a gift to the government? How to avoid double taxation
If you have a corporation without a capable executor, you could be subject to double taxation.
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Read articleWhat are the pros and cons of incorporating my practice?
To better understand how to make the incorporation decision, take a look at the advantages and disadvantages of incorporating outlined below.
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Read articleShould you incorporate your medical practice?
Many physicians choose to incorporate their medical practices because of the significant tax advantages. Find out what incorporating means and how you can benefit from the tax deferral and tax savings
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