Accountant for Physicians

GYTD Chartered Professional Accountants Professional Corporation (GYTD.CPA) offers professional accounting and tax services for physicians in Ontario. Our CPA’s are trained to manage all aspects of bookkeeping, financial statements, and compliance using the latest accounting software.

Why Choose GYTD.CPA for Your Medical Practice?

We understand how demanding medical practice can be. Our services allow you to focus on patient care, while we handle your financial and tax responsibilities efficiently. With healthcare professionals at the forefront—especially post-pandemic—we offer seamless support to ensure your practice runs smoothly.

Our Expertise

We stay updated with tax laws to help you maximize returns, including strategies like income splitting with your spouse. Whether you’re an experienced physician or just starting your practice, we provide personalized accounting, tax, and advisory services tailored to your needs.

How We Help?

Accounting:

  • Professional corporation setup
  • Acquisition advisory
  • Profit maximization and process improvement
  • Preparation of financial statements

Tax Services:

  • Corporate tax return (T2) preparation
  • Sole proprietor tax return (T1) preparation
  • Tax planning and structuring
  • Holding company advice
  • Salary vs. dividend optimization
  • Tax minimization strategies

Partner with GYTD.CPA to elevate your practice. We provide the financial insight and back-office support doctors need to operate efficiently, ensuring your focus stays on patient care.

Tax Specialist for Physicians
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Our years of experience working for doctors has helped us in understanding and knowing what can trigger a tax audit by the CRA, what is the best way to prevent one and should you be audited which is the best way in minimizing any tax burden. Mostly individuals who earn high and self-report are at a higher risk of being audited at random, as per statistics.

We have worked with several clients in the medical industry and can assure that our experience in the field can be of great value to you and your practice.

Unlike other accounting firms, we do not show up once a year to file your taxes and hand you an invoice. We take care of the entire financial side of your medical practice. We will make sure the books are closed, your staff gets paid on time, and your cash flow is where it should be — every month.